IBAN <-- what is it??
 

Ok alot of sponsors seem to want an IBAN for direct transfer. I realise it an international bank number or some such shit.

But when I queried my bank about what it was they said 'i have no idea sir, we only use swift code for international wires'. Thanks useless fucken desk jockey.

So anyone able to help me out here? Also wy is there a need for a swift code and an IBAN???

cheers

International Bank Account Number (IBAN)
The IBAN concept was developed by ECBS and by the International Organization for Standardisation (ISO) and is an internationally agreed standard. It was created as an international bank identifier, used to uniquely identify the account of a customer at a financial institution, to assist error-free cross-border customer payments, and to improve the potential for straight-through processing (STP), with a minimum amount of change within domestic schemes.

Cheers rich. I guess i'll just have to go and regurgitate this to a bank.

I had to ask my bank this once and they told me that it was the same as their ABA Routing number. Basically they had set it all up so there was no need for 2 seperate numbers. To receive a wire from the US or internationally requires no extra info with them.

Two first numbers of your full bank account number:
XX (2 numbers of iban) XXXXXXX (8 numbers is routing number) XXXX-XXXX-XXXX-XXXX-XXXX (20 numbers of your account number)

ahhh now we're onto an acronym that i've heard of :thumbsup

ABA number right that's no problem. Should be a new law - no more fucking acronyms!