IBAN Advance

introduction the international bank account number (iban) is an internationally recognized standard for identifying bank accounts across borders it was developed to facilitate and streamline international transactions, making them more secure and efficient what is iban(international bank account number) an iban is a unique identifier assigned to a bank account to make it easily recognizable, not only within a specific country but also globally it helps prevent errors and confusion when processing cross border payments and ensures that funds are transferred to the correct recipient structure of iban the iban format can vary slightly from one country to another, but it typically consists of the following components country code (iso 3166 1 alpha 2) the iban begins with a two letter country code, which represents the country where the bank account is held check digits next are two check digits, used to validate the iban's accuracy during the transaction process bank identifier this part varies by country and can include the bank's code, branch code, and other identifiers, as needed account number the iban concludes with the account number, which is the unique portion identifying the specific bank account is iban only for euros transfer? no, the international bank account number (iban) is not exclusively for euro transfers while ibans are commonly associated with eurozone countries and european transactions due to the european union's adoption of iban as a standard, they are used worldwide for international money transfers in various currencies the iban system was originally developed by the european committee for banking standards (ecbs) and the international organization for standardization (iso) to simplify and standardize cross border payments within europe however, many non european countries and financial institutions have also adopted ibans to facilitate international transactions and improve their accuracy ibans are used to identify bank accounts and ensure the correct routing of funds in a standardized format, regardless of the currency involved so, whether you are sending money in euros, us dollars, british pounds, or any other currency, iban can be used to ensure the secure and efficient transfer of funds the currency conversion, if necessary, is typically handled by the banks or payment service providers involved in the transaction standard iban length(countrywise) below is the standard length of ibans accepted for each country mentioned for countries accepting ibans which are not available in this list, they'll follow standard convention of minimum length of 15 and maximum length of 34 country name iban length (including 2 letters) country code (iban first 2 letters) albania 28 al andorra 24 ad austria 20 at azerbaijan 28 az bahrain 22 bh belgium 16 be bosnia and herzegovina 20 ba bulgaria 22 bg croatia 21 hr cyprus 28 cy czech republic 24 cz denmark 18 dk estonia 20 ee faroe islands 18 fo finland 18 fi france 27 fr georgia 22 ge germany 22 de gibraltar 23 gi greece 27 gr greenland 18 gl guernsey 22 gg hungary 28 hu iceland 26 is ireland 22 ie isle of man 22 im israel 23 il italy 27 it jersey 22 je jordan 30 jo kazakhstan 20 kz kosovo 20 xk kuwait 30 kw latvia 21 lv lebanon 28 lb liechtenstein 21 li lithuania 20 lt luxembourg 20 lu north macedonia 19 mk malta 31 mt mauritania 27 mr mauritius 30 mu moldova 24 md monaco 27 mc montenegro 22 me netherlands 18 nl norway 15 no pakistan 24 pk palestine 29 ps poland 28 pl portugal 25 pt qatar 29 qa romania 24 ro san marino 27 sm saudi arabia 24 sa serbia 22 rs slovakia 24 sk slovenia 19 si spain 24 es sweden 24 se switzerland 21 ch tunisia 24 tn turkey 26 tr ukraine 29 ua united arab emirates 23 ae united kingdom 22 gb vatican city 22 va iban advance(comprehensive check) api while basic iban validation using iban lite ensures format compliance, iban advance takes it a step further it not only verifies the structure but also unlocks essential information about the associated bank account, empowering you with detailed insights iban advance performs rigorous validation checks to determine whether an iban is not only correctly formatted but also active and valid for transactions say goodbye to incorrect payments and costly errors for valid ibans , iban advance provides a treasure trove of information, including bank code the bank's unique identification code bank name the official name of the bank bank id an identifier that distinguishes the bank bank address the physical address of the bank sepa credit indicates whether the account accepts sepa credit transfers sepa debit indicates whether the account accepts sepa debit transfers sepa b2b indicates whether the account supports sepa business to business payments sepa cards indicates whether the account supports sepa card transactions for invalid ibans, iban advance gracefully returns a clear response mentioning that validation is unsuccessful this ensures that you can easily identify and manage incorrect ibans in your transactions iban advance is designed with simplicity in mind, making integration into your applications and systems a seamless experience you can quickly access and utilize its powerful features without any development effort api applications b2b (business to business) applications financial institutions banks and financial institutions can integrate iban advance into their systems to enhance customer service they can quickly verify ibans and provide detailed account information, improving transaction accuracy and customer trust payment processors payment processing companies can use iban advance to validate ibans provided by merchants and customers during international transactions this helps prevent payment errors and ensures smooth payment processing e commerce platforms e commerce platforms that operate globally can employ iban advance to validate ibans entered by sellers or buyers during cross border transactions providing detailed bank account information can increase trust and transparency in online transactions business intelligence (bi) tools bi tools can utilize iban advance to enrich financial data with detailed banking information this can help businesses make informed decisions when analyzing financial transactions and customer profiles accounting software accounting software providers can offer iban advance integration to their users this allows businesses to verify ibans before processing payments or adding new suppliers, improving financial accuracy and compliance b2c (business to consumer) applications remittance services remittance providers can integrate iban advance to enhance the user experience users can verify recipient ibans and receive detailed bank account information, ensuring that their international money transfers are accurate online banking online banking platforms can incorporate iban advance to help customers verify ibans when setting up international wire transfers, bill payments, or other financial transactions this reduces the risk of errors and ensures funds are sent to the correct accounts fintech apps fintech applications, such as budgeting apps or personal finance apps, can use iban advance to validate ibans when users link their bank accounts this ensures that financial data is accurate and complete travel and tourism travel agencies and booking platforms can employ iban advance to verify ibans when processing international payments for travel bookings providing additional bank account information can enhance trust in the booking process subscription services subscription based businesses can utilize iban advance to validate ibans provided by customers for recurring payments this reduces payment failures and subscription interruptions charities and nonprofits charitable organizations can use iban advance to verify ibans when receiving international donations this ensures that donations reach the correct accounts and helps maintain transparency in financial transactions e commerce checkout during the checkout process on e commerce websites, customers can enter their ibans iban advance can verify ibans in real time, reducing payment errors and improving the overall shopping experience api details you must first login before sending the request the authorization header in the request must include the access token obtained from the login api call need to pass the following information providing ibannumber is mandatory ibannumber (required) sample curl curl location 'https //api preproduction signzy app/api/v3/uae api/iban advance' \\ \ header 'content type application/json' \\ \ header 'authorization \<token>' \\ \ data '{ "ibannumber" "gb29nwbk60161331926819" }'curl location 'https //api signzy ae/api/v3/uae api/iban advance' \\ \ header 'content type application/json' \\ \ header 'authorization \<token>' \\ \ data '{ "ibannumber" "gb29nwbk60161331926819" }' request body parameters parameter data type required description ibannumber string yes required iban number for which structure validation is required only alphanumeric string allowed in the required format sample response valid iban { "result" { "ibanisvalid" true, "bankcode" "otpvhuhb", "bankname" "otp i kerületi lafo fiók", "bankid" "117", "bankaddress" "iskola utca 38 42 1011 budapest", "sepacredit" 1, "sepadebit" 0, "sepab2b" 0, "sepacards" 0 } } invalid iban { "result" { "ibanisvalid" false } } response body parameters when iban is valid parameter data type description ibanisvalid boolean indicates whether the iban is valid( true in this case) bankcode string the bank code associated with the iban bankname string the name of the bank associated with the iban bankid string a unique identifier for the bank bankaddress string the address of the bank (if available) sepacredit integer indicates whether sepa credit transfers are supported (1 for supported, 0 for not supported) sepadebit integer indicates whether sepa debit transfers are supported (1 for supported, 0 for not supported) sepab2b integer indicates whether sepa business to business (b2b) transfers are supported (1 for supported, 0 for not supported) sepacards integer indicates whether sepa card payments are supported (1 for supported, 0 for not supported) when iban is invalid parameter data type description ibanisvalid boolean whether iban structure is valid or not( false in this case) sample error malformatted iban 400 { "error" { "name" "error", "message" "bad request required iban is missing or format is not correct ", "reason" "validation error", "type" "bad request", "statuscode" "400" } } incorrect iban length { "error" { "name" "error", "message" "bad request incorrect length of ibannumber for this country ", "reason" "error", "type" "bad request", "statuscode" "400" } } 409 { "error" { "name" "error", "message" "error in getting data from upstream", "status" 409, "reason" "error", "type" "conflict", "statuscode" 409 } } 500 { "error" { "name" "error", "message" "internal server error", "status" 500, "reason" "error", "type" "conflict", "statuscode" 500 } } error response parameters parameter description error this parameter contains the error error name the error name error message the error message error status s tatus of the api error reason reason for error error type type of the error error statuscode request status code from signzy getting help please feel free to contact us if you have any questions, require clarification, or have ideas for how to make the documents or any of our services better you can reach out to us at help\@signzy com we strive to provide prompt and reliable assistance, ensuring your queries are addressed effectively we value your feedback and are committed to making your experience smooth and enjoyable our team is dedicated to assisting you with any needs you may have thank you for choosing our services we look forward to helping you!