When making international bank transfers, using an International Bank Account Number (IBAN) significantly enhances both the security and efficiency of the transaction. The IBAN format for Liechtenstein, for example, consolidates critical details to ensure funds reach their intended destination accurately.
An IBAN consists of a country code (such as "LI" for Liechtenstein), a two-digit checksum, and a Basic Bank Account Number (BBAN). The BBAN further includes specific details about the bank and account. For readability, formatted IBANs display spaces every four characters, though electronic versions omit these spaces.
Note: IBAN validation tools only verify the format’s correctness, not the account’s existence or accuracy.
Your IBAN Number
LI21 0881 0000 2324 013A A
- ISO Country Code: LI (Liechtenstein)
- IBAN Checksum: 21
- BBAN: 0881 0000 2324 013A A
- Bank Identifier: 08810
- Account Number: 0002324013AA
- SEPA Member: Yes
Many countries have adopted IBAN as the standard format for international transfers, streamlining cross-border transactions for banks. The IBAN examples and formats provided here are based on the SWIFT IBAN Registry.
How to Find Your IBAN Number
Typically, your IBAN can be found by logging into your online banking portal or reviewing your bank statement. For international transfers, using the correct IBAN is crucial. Incorrect codes may result in fees for failed transactions or misdirected funds.
When Is an IBAN Required?
Most European banks require an IBAN for international transfers, as it is the safest and most efficient method to ensure accurate delivery. While the system is increasingly adopted globally, some countries may still require additional details.
Frequently Asked Questions
Common queries about IBAN include:
- How do I use an IBAN for payments?
- Which countries use IBAN?
- Why do some countries not use IBAN?
- What is a SWIFT/BIC code?
- What is the purpose of the checksum?
Competitive exchange rates and transparent fees are essential for cost-effective international transfers. Services supporting multi-currency transactions across numerous countries simplify global payments.