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What is an IBAN and is it required for international transfers?

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What is an IBAN and is it required for international transfers?

The International Bank Account Number (IBAN) is an international standard of identifying bank accounts. These numbers are used when making or receiving international payments.

The IBAN varies by country/institution, and does not replace your account number. Only the institution servicing an account can provide the correct IBAN of that account and it must be obtained from the beneficiary of the wire. An IBAN is required for beneficiary accounts in Europe and other countries around the world.

If you need to send a wire, please contact the Member Support Center at 800-356-0067.

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