![]() Any charges will be deducted from the amount received and will be your responsibility. Other banks or third parties may charge or deduct commission, fees or other transfer charges in addition to the fee charged when the payment is sent.ABAs, Sort Codes and BSBs are similar to the start of your account number 15-39XX. The New Zealand equivalent of an ABA/Sort Code/BSB is LCC (Local Clearing Code), which is the beneficiary bank and branch number.However if an IBAN is required, the IBAN field can be loaded as TSB1539XX-XXXXXXX-XX. IBANs are similar to your full account number and are not used in New Zealand.The TSB address and/or SWIFT code above should be sufficient to send the payment. Overseas banks may require an IBAN, ABA number, Sort Code or a BSB from you.The sender may need to go into their bank to initiate the payment as some overseas banks’ internet banking systems have trouble processing the above type of instructions.If possible, please also have your TSB account number placed into the reference field of the transfer to assist TSB. Payments are to be sent to:Īccount name (as it appears on your statement) Example 2 (given above) is an IBAN of a customer account number with 10 characters (numeric).If you’re overseas and have money to send home or you’re expecting a payment from someone in another country, the overseas bank will need a few details before the payment can be made. In case of account numbers with less than 14 digits, the account number has to be padded with zeros to the left. The length and structure of BBAN varies from country to country.Įxample 1 (given above) is an IBAN of a customer account with 14 characters (alphanumeric). It can contain numbers (0 to 9) and upper case letters (A to Z) depending on the respective bank. The length of the customer account number in the IBAN is fixed as 14 characters. The remaining part of the BBAN is the existing customer account number. ![]() In the case of Bahrain, the Bank Identifier is the first 4 letters of the SWIFT Code (BIC) of the respective account holding bank. It comprises the Bank Identifier (which identifies the account holding bank) and the customer account number. The BBAN helps to identify an account number of a customer, as well as his bank, domestically. ![]() The third and the fourth characters of an IBAN are always the two check digits, generated by a bank in Bahrain, where the customer maintains his account. Accordingly, the first 2 characters of an IBAN for Bahrain are always ‘BH’ (the ISO country code which identifies Bahrain, where the customer account resides). It contains the ISO two letter country code and the two check digits. The header helps to identify and verify the IBAN internationally. the header and the Basic Bank Account Number (BBAN). Implementation of International Bank Account Number (IBAN) is an initiative of the Bahrain Economic Vision 2030 to improve the efficiency of electronic payments and further strengthen Bahrain’s status as the regional financial centre.Īccording to the ISO compliant IBAN Standard issued by the Central Bank of Bahrain (CBB) in February, 2011, all IBANs have a fixed length of 22 characters. ![]() Cross-border incoming electronic payments to customer accounts of banks in the Kingdom of Bahrain from customer accounts of banks/financial institutions in countries that have adopted IBAN as well as countries that have not adopted IBAN.īanks will indicate the IBAN of the customer and SWIFT Code (BIC) of the bank in the header of the customer’s bank account statement(s).Cross-border outgoing electronic payments from customer accounts of banks in the Kingdom of Bahrain to customer accounts of banks/financial institutions in countries that have adopted IBAN (and made its usage mandatory) and.Domestic electronic payments to and from customer accounts of banks in the Kingdom of Bahrain.Banks and customers were required to use IBAN in making the following payments from 31 st January, 2012: Retail banks started issuing IBANs to customers from 1 st September, 2011. ![]()
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