LCR Measurement Primer. 2 of 85. Contents. Preface .......................................................................................................................
BIC + IBAN is not available in the United States of America, nor is it likely to be, with the decentralized structure of the US banking system and lack of nationwide banks. Electronic account-to-account transfers are often called wire or ACH transfers in the USA.
IBAN stands for the International Bank Account Number and is used by banks in European countries for international funds transfers. The IBAN is a unique code that identifies a beneficiaryâs bank account. The Spanish IBAN code consists of a country code followed by twenty-two alphanumeric characters. In Spain, IBAN codes start with the letters ES, followed by 2 control digits, 4 digit bank code, a 4 digit branch number, 12 digit account number. Here is an example: ES80 2310 0001 1800 1200 2356.