Circular: Salary Payments
Accordingly, ABK will not be able to process any of your local transfers requests
that are not IBAN compliant.
Generate IBAN (ABK Customers Only)
IBAN Format
e.g. : AE820040000800011787004
Country Code
|
AE
|
Check Digits
|
XX
|
Bank Code
|
004
|
Leading Zeros
|
00
|
Account number
|
08XXXXXXXXXXX
|
- The Fixed length of IBAN in United Arab Emirates is 23 characters.
- The "Country Code" enables recognition of the country in which the IBAN was issued.
- The "Check Digits" are used to perform the mathematical validation of the IBAN.
- The "Bank Code" identifies the bank where the account is maintained.
- The "Basic Account Number" is the existing bank account number proceded by zeros,
to achieve the required length for the account number