IBAN Number in SAP

IBAN standards for Internationa Bank Account Number.It is a standardise and unique  bank account number designed to process automatic processing of cross-border amount transfers.

IBAN stands for “International Bank Account Number”. It is a standardise and unique  bank account number designed to process cross-border transfers.
It is a series of 34 alpha-numeric characters ( and structured differently in every country), and is made up of following elements:

  • Bank Country Key (ISO Code)
  • Two Check Digits
  • Country specific Account Number.

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