IBAN can be used in national and/or international payment transactions (country-specific).
The IBAN code consists of:
- A 4-digit IBAN prefix composed of:
- a country code (2 letters),
- two check digits
This prefix is displayed. It is calculated automatically upon the bank account information entered in the Bank ID field.the bank account information (country specific, up to 30 characters). - The bank account information (country-specific, up to 30 characters).
Not all countries support IBAN. The IBAN format applied to bank accounts is controlled by the IBAN management option, defined in theCountries setup.