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Old October 7th, 2017, 05:17 PM
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Educhamp
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Join Date: May 2011
Default Re: Standard Chartered Bank Pk IBAN

IBAN is the acronym for ISO 13616 standard compliant International Bank Account Number.

An IBAN contains information relating to the country in which the IBAN was issued and where the IBAN account is held, bank code of account holder's bank as well as the account number itself.

International Bank Account Number (IBAN) is an international standard for identifying bank accounts

The main purpose of IBAN is to facilitate the automatic processing of money transfers, to improve the speed and accuracy of your payment transactions.

Standard Chartered Bank Pakistan

Bank code - SCBL

SWIFT/BIC Code - SCBLPKKA

IBAN facilitate accuracy and validation of account number of the recipient at the point of initiating a payment, regardless of the bank/country where customer maintains his/her account.

It allows exchanging account identification details in machine readable form, hence ensure faster and more reliable electronic customer fund transfers while minimizing risk of delays.
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