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A bank branch can be identified from the bank code. Denmark has 4-digit bank code (called Registreringsnummer, or Reg. nr.). France has a 10 digit code, the first 5 digits contain the clearing identifier of the banking company (Code Banque), followed by the 5-digit branch code (Code Guichet). Both numbers are only used as a combined prefix for ...
A typical British bank statement header (from a fictitious bank), showing the location of the account's IBAN. The International Bank Account Number (IBAN) for example LV30RIKO0000083232646 is an internationally agreed upon system of identifying bank accounts across national borders to facilitate the communication and processing of cross border transactions with a reduced risk of transcription ...
The IBAN was originally developed to facilitate payments within the European Union but the format is flexible enough to be applied globally. It consists of an ISO 3166-1 alpha-2 country code, followed by two check digits that are calculated using a mod-97 technique, and Basic Bank Account Number ( BBAN ) with up to thirty alphanumeric characters.
The first 17 digits of the CLABE are, as mentioned above, the Bank Code, the Branch Office Code and the Account Number. The weight factor of a given digit is: 3 if its position (starting at 0) modulus 3 is 0; 7 if its position modulus 3 is 1; 1 if its position modulus 3 is 2; A 17 digit weight is always "37137137137137137". The method is:
For example, the routing number of a TD Bank branch with the branch number 1795 situated in Scarborough, Ontario, is 000417952: 0 [Start off] 004 [institution number] 1795 [branch number] 2 [because the branch is in Ontario].
The sort code is usually formatted as three pairs of numbers, for example 12-34-56. It identifies both the bank (in the first digit or the first two digits) and the branch where the account is held. [1] Sort codes are encoded into International Bank Account Numbers (IBANs) but are not encoded into Business Identifier Codes (BICs).
The Extended Industry Sorting Code Directory (EISCD) is based upon the ISCD and was introduced to provide reference data to support the UK's Faster Payments service. The EISCD contains all data elements found within the ISCD, with the addition of a new section containing Faster Payments clearing information for each UK bank branch.
Historically, the major banks structured their BSB codes by states. This is largely historic and have only limited significance in electronic banking. For those that still maintain state codes, the state code is the first of the four digit branch field, as follows: 2 - Australian Capital Territory, New South Wales; 3 - Victoria; 4 - Queensland