IBAN FAQs

What is an IBAN?
What is the benefit of IBAN?
Does the IBAN replace my account number?
When will IBAN be implemented?
What types of money transfer needs IBAN?
Will I need both my IBAN and my beneficiary's IBAN for sending money?
Will I need both my IBAN and the remitters' IBAN for receiving money?
What's the IBAN print format?
What's the IBAN electronic format?
Will IBAN have an impact on Standing Instructions?
How do I get my IBAN?
Is IBAN required to make a payment for credit card by transfer from other bank?
Is IBAN required for Salary Pre-paid cards?
What happens if IBAN is not mentioned by the remitter? Will my funds get credited?
My salary is transferred automatically to my bank account every month. Will my company be able to transfer the funds without using my IBAN number?
Is IBAN required for over-the-counter transactions at your bank (cash withdrawal, deposits, etc.)?
Not all countries have implemented IBAN yet. What happens if I send money to or receive funds from areas that don't recognize IBAN? Can the recipient/remitter use the standard account number? Will the outward/inward remittance still go through?