IBAN Lite

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 Lite(Basic Check) API

IBAN Lite offers a streamlined and user-friendly interface to check IBAN validity, making it an ideal choice for a wide range of applications. Whether you're building a financial platform, conducting international transactions, or simply need to verify IBANs, this API simplifies the process.

IBAN Lite simplifies the complex process of IBAN validation. Validating IBANs manually can be error-prone and time-consuming. With IBAN Lite, you can automate this crucial step, ensuring the accuracy of your international financial transactions.

Integrating IBAN Lite into your applications and systems is a breeze. Whether you're developing a financial platform, e-commerce site, or any application that handles international payments, you can quickly incorporate IBAN validation without the need for extensive development efforts.

API Applications

B2B (Business-to-Business) Applications:

Financial Institutions: Banks and financial institutions can use the IBAN Lite API to validate IBANs provided by customers or during fund transfers. This ensures that transactions are processed accurately and that international payments comply with regulatory requirements.
Payment Gateways: Payment processors and gateways can integrate IBAN Lite to verify IBANs supplied by merchants or customers during online transactions. This helps prevent payment errors and fraud.
E-commerce Platforms: E-commerce platforms that operate globally can employ IBAN Lite to validate IBANs entered by customers when making cross-border payments. Ensuring the correctness of IBANs reduces order fulfillment errors.
Accounting Software: Accounting software providers can incorporate IBAN validation to assist businesses in reconciling international financial transactions accurately. This can improve financial record-keeping and compliance.
Exporters and Importers: Companies engaged in international trade can use IBAN Lite to validate IBANs of overseas clients or suppliers. This ensures that payments are directed to the correct parties and minimizes disputes.

B2C (Business-to-Consumer) Applications:

Online Marketplaces: E-commerce platforms that connect buyers and sellers worldwide can utilize IBAN Lite to verify IBANs provided by sellers or buyers. This adds an extra layer of security to transactions.
Remittance Services: Remittance providers can integrate IBAN Lite to validate recipient IBANs before processing international money transfers. This helps prevent funds from being sent to incorrect accounts.
Travel and Tourism: Travel agencies and booking platforms can use IBAN Lite to validate IBANs when processing international payments for bookings, reservations, and travel-related services.
Subscription Services: Businesses offering subscription-based services globally can employ IBAN Lite to verify IBANs provided by customers. This ensures that recurring payments are processed without errors.
Online Banking: Online banking platforms can incorporate IBAN validation to help customers ensure they are entering correct IBANs for international wire transfers, bill payments, and other financial transactions.
Charities and Nonprofits: Charitable organizations that receive donations from donors around the world can use IBAN Lite to validate IBANs and streamline the donation process.

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

Pre-Production

Production

curl --location 'https://api-preproduction.signzy.app/api/v3/uae-api/iban-lite' \
--header 'Content-Type: application/json' \
--header 'Authorization: <token>' \
--data '{
    "ibanNumber": "GB29NWBK60161331926819"
}'

curl --location 'https://api.signzy.ae/api/v3/uae-api/iban-lite' \
--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

{
  "result": {
    "ibanIsValid": false
  }
}

Response Body parameters

Parameter	Data Type	Description
ibanIsValid	boolean	Whether IBAN structure is valid or not.

Sample Error

{
    "error": {
        "name": "error",
        "message": "\"ibanNumber\" is required",
        "status": 400,
        "reason": "VALIDATION_ERROR",
        "type": "Bad Request",
        "statusCode": "400"
    }
}

Error Response Parameters

Parameter	Description
error	This parameter contains the error.
error.name	the error name.
error.message	the error message.
error.status	Status of the api
error.reason	Reason for error
error.type	Type of the error
error.statusCode	Request Status code from Signzy

Getting help

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