(IBAN) stands for International Bank Account Number; it is not a new account number, but simply a new format for an existing bank account number that will be recognized internationally.
IBAN has been developed with International standards and will implemented in the Kingdom as mandated by Central Bank of Jordan (CBJ) to improve the efficiency of local and international payments.
IBAN will be effective starting the 2nd of February 2014، and will be applied to all individuals and companies issuing or receiving local or international remittances.
(IBAN) Combination in the Kingdom
The (IBAN) in the Kingdom consists of (30) digits structured of as follows: -
Part I: The first 4 digits starting from the left consist of:
- 2 Digits for the (country code): Two letters that represent the symbol of the country, indicated by (JO) in the Kingdom.
- 2 Digits for the (Check Digit): a figure which represents a (Check Digit) and varies according to customer's account.
Part II: the basic Bank account number consists of (26) digits as follows:
Advantages of using the (IBAN)
- 4 Digits for the Bank code, which will be (IIBA) for Islamic International Arab Bank.
- 4 Digits for the Branch code.
- 18 Digits for the customer account number, which will be the same existing account number with leading zeros to fully complete the18 Digits,(if required).
- Reducing remittances errors.
- Enables the customers to transfer remittances through all Banking Channels (E-Banking, ATM, Counter .... etc.)
- Enhance automated processing for internal or external remittances.
Islamic International Arab Bank designed a special calculator to help you calculate the (IBAN), in addition to checking the rightness of beneficiaries (IBAN).
How to Calculate (IBAN):
To generate your IBAN for dedicated account, please follow the steps as shown below:
- From the Branch list select the name of the Branch the account is opened at.
- Enter your account number consisting of 13 digits per the following sequence:
- Branch code 4 digits (for example 1010 for Gardens Branch).
- CIF code number 6 digits (for example 012345)
- Subaccount number 3 digits (for example 500)
- According to the above example the account number used will be10100123454500.
3. Click on generate.
The IBAN will be:
To calculate/check the IBAN please click here:
Disclaimer: Islamic International Arab Bank (IIAB) is not responsible for any generated IBAN based on incorrect entries, IBAN checker tool is made to help you check other banks customers IBAN, based on International standards and IIAB does not guarantee the existence or validity of such accounts or financial Institutions.
For more information please call Arabi Islami Call center free- toll 08002224 or 00962-6-5003300.