IBAN is the abbreviation of the word "International Bank Account Number". The IBAN number is shown on your bank account details. The format varies depending on the country of origin of the bank account. The code starts with a national identification (FR for France, GB for Great Britain) followed by two check digits and a national number.
The bank account details contain information such as the name of the agency that opened the account, the name of the account holder, as well as different codes and keys. This document serves as a documentary proof that the beneficiary is indeed the account holder.
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