IBANIBAN

IBAN stands for International Bank Account Number and is a number attached to all accounts in the EU countries plus Norway, Switzerland, Liechtenstein and Hungary. The IBAN is made up of a code that identifies the country the account belongs to, the account holder's bank and the account number itself. The IBAN makes it easier and faster to process cross-border payments.


Why use the IBAN?
The IBAN makes automatic processing of cross-border payments easier and enables the bank to check, immediately upon receipt, whether the account numbers are correct. This ensures a fast credit to the account. At the same time, you avoid fees for manual processing of transfers.

How the IBAN is constructed
The IBAN is an international standard (ISO 13616). The number comprises maximum 34 alphanumerical characters, which are structured as follows:
 

  • Two letters representing the home country of the account holding bank (ISO 3166 country code with two letters, e.g. DK for Denmark)
  • Two numbers that are a control key
  • Maximum of 30 alphanumeric characters that identify the bank and the ordinary account number

An IBAN in Danske Bank consists of 18 characters, which comprise the ISO country code + control key plus registration number 3000 and the ordinary account number of 10 characters.

Example of the IBAN in Danske Bank Denmark
Account number in Danske Bank: 4420 3161123456
Country code Control No. Registration No. Account No.
DK 98 3000 3161123456


Importers and the IBAN
Ask your foreign supplier to notify you of its IBAN so that you can write it on the payment orders that you send via Danske Bank. If your supplier lives in the EU, the IBAN must appear on its invoices.

Exporters and the IBAN
The IBAN must appear on your invoices so that your foreign customers can write it on the payment orders to you. If your IBAN does not appear on your invoice, Danske Bank has labels that you can fill out with your IBAN and attach to your invoices.

How do you get an IBAN?
The bank will assign an IBAN to your current accounts. You cannot automatically calculate an IBAN yourself, as each bank might have different methods of registering their account numbers in the IBAN. The IBAN appears on account statements and in the bank's online systems.
Countries that require the IBAN
Country Rejects pmt in EUR if no IBAN after 1.1.2007 Example of IBAN construction
Andorra
No
 AD1200012030200359100100
Austria
Yes
 AT611904300234573278
Belgium
Yes
 BE65539007547034
Bulgaria
Yes
 BG80BNBG96611020345678
Cyprus
Yes
 CY17002001280000001200527600
Czech Republic
Yes
 CZ6508000000192000145399
Denmark
Yes
 DK5000400440116243
Estonia
Yes
 EE382200221020145685
Finland
Yes
 FI2112345600000786
France
Yes
 FR1420041010050500013M02607
Germany
Yes
 DE89370400440532013087
Greece
Yes
 GR1601101250000000012300695
Hungary
Yes
 HU42117730161111101800000000
Iceland
Yes
 IE29AIBK93115212345654
Ireland
Yes
 IS140159260076545510730339
Italy
Yes
 IT60X0542811101000000123332
Latvia
Yes
 LV80BANK0000435195001
Liechtenstein
Yes
 LI9300762011623852957
Lithuania
Yes
 LT121000011101001000
Luxembourg
Yes
 LU280019400644750000
Malta
Yes
 MT84MALT011000012345MTLCAST001S
Netherlands
Yes
 NL91ABNA0417164299
Norway
Yes
 NO9386011117946
Poland
Yes
 PL61109010140000071219812874
Portugal
Yes
 PT50000201231234567890154
Rumania
Yes
 RO49AAAA1B31007593840000
Slovakia
Yes
 SK3112000000198742637541
Slovenia
Yes
 SI56191000000123438
Spain
Yes
 ES9121000418450200051322
Sweden
Yes
 SE3550000000054910000008
Switzerland
Yes
 CH9300762011623852957
Tunesia
No
 TN5914207207100707129648
Turkey
No
 TR330006100519785467851327
UK
Yes
 GB29NWBK60161331926825

Please note that the accounts listed above are fictive and that, for security reasons, the modulus is incorrect.


Is your IBAN correct?
Here you can check whether an IBAN is valid.

This check will not confirm that the bank account exists, simply that the format of the IBAN conforms to the required standard for the bank and country.

Key in the IBAN and press the Check button.


Do I need to use SWIFT-BIC?
Even if you state your IBAN, you still need to use the SWIFT-BIC (also known as the SWIFT address) of the receiving bank abroad.

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