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 International Bank Account Number. It's a standardised way of identifying a bank account. An IBAN is always used along with a Bank Identifier Code (BIC) - a sequence of characters that identify a bank and branch.n IBAN can include your account number and sort code, but also includes extra characters. Never try to create or guess an IBAN. The format differs from country to country. Always ask the person you are paying what their IBAN is. Your own IBAN is shown on your bank statement.