IBAN - International Bank Account Number

In order to process international payments faster and more secure, the banks in Europe have agreed on a standard for writing account numbers called IBAN (International Bank Account Number).When making international payments, the sender has to indicate the SWIFT/BIC address of the receiver's bank, as well as the IBAN number. The absence of a correct IBAN may result in delays and additional costs. The IBAN consists of a country code, a check digit, and a bank code followed by the existing account number. The following example shows what an IBAN-based account number looks like:

Account number: 5249 10 xxx xx

IBAN for non-electronic transfers: SE35 5000 0000 0524 910x xxxx

IBAN for electronic transfers: SE35500000000524910xxxxx


In the above example the country code is SE (Sweden) followed by two check digits.

The length of the IBAN may vary between countries, for more information please read the ECBC brochure (pdf) provided in the top right corner.

Please make sure you indicate the IBAN and SWIFT address on your payment instructions and invoices.