IBAN
Speech parts
1. IBAN - Noun
2. IBAN - Proper noun
Meaning
IBAN (plural IBANs)
(banking) Initialism of International Bank Account Number.
Iban (plural Ibans or Iban)
A member of a branch of the Dayak peoples of Borneo.
Iban
The Malayic language of these people.
Related terms
Anagrams
Examples
Background Before IBAN, differing national standards for bank account identification (i.e. bank, branch, routing codes, and account number) were confusing for some users.
Only payments in euro up to €12,500 to a bank account designated by its IBAN were covered by the regulation.
However, for electronic documents (e.g. PDF invoice) the copy and paste of grouped IBAN can result in errors with online banking forms.
Other notable rebellions that were successfully quashed by the Brookes include those led by an Iban leader Rentap (1853–1863), and a Malay leader named Syarif Masahor (1860–1862).
Australia and New Zealand do not use IBAN.
Banks in the Caribbean Netherlands also do not use the IBAN.