The International Bank Account Number (IBAN) is the international standard for identifying international bank accounts across national borders and is comprised of 34 characters.
|Do I need the IBAN for the beneficiary when I request to transfer funds from my account to the beneficiary’s account in another bank inside the Kingdom?||Yes|
|Do I need the IBAN for the beneficiary when I request to transfer funds from my account to the beneficiary’s account in another bank outside the Kingdom?||Yes, while noting the beneficiary’s bank is located in a country applying IBAN, otherwise the request will be rejected.|
|Do I need to provide the sender with my IBAN to execute transfer to my account in any bank operating in the Kingdom?||Yes|
|Is the IBAN required for Credit Card payments?||No|
Incase of receiving fund transfers to your account whether inside the Kingdom or from abroad, you shall always provide the sender party with your IBAN.
We recommend that you use fund transfers orders rather than cheques for the following reasons:
|International Bank Account Number (IBAN) consists of 30 digits|
|Customer’s Account Number||Branch’s Code||Bank’s Code||Validation Code||The Kingdom’s Code|
For more information, please contact this number: 065007700