Meaning of the word IBAN in English

What does IBAN mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

IBAN

US /ˈaɪ.bæn/
UK /ˈaɪbæn/
"IBAN" picture

Abbreviation

International Bank Account Number: a standardized international numbering system for bank accounts, used to facilitate the processing of cross-border transactions with a reduced risk of transcription errors.

Example:
Please provide your IBAN for the international transfer.
The invoice includes the company's IBAN for payment.