The new 24-symbol number will be used when making payments through internet banking or payment order in banks’ branches, the SITA newswire reported. Europe decided to unify the payment system ...

The State Bank of Pakistan (SBP) has announced compulsory use of incorporation of International Bank Account Number (IBAN) in Pakistan Remittance Initiative (PRI) Home Remittances by 31st December ...

I really did not want to give out my credit card details on the phone, and asked if they had a secure system I could use. To this there was no reply. I was told by the HSE that it was not their ...

The IBAN was made mandatory for international transfers on March 31, 2024. According to the Central Bank of Oman, this initiative has significantly improved transaction accuracy, reduced errors ...

This measure ensures further alignment with international standards and best banking practices. In this context, the CBO has issued directives to local banks to stop receiving cross-border transfers ...

The IBAN is not a new account number and will include the original bank account number, plus additional characters. Given that the use of IBAN in Bahrain for inter domestic as well as cross border ...