Definition of definition for English Language Learners. : an explanation of the meaning of a word, phrase, etc. : a statement that defines a word, phrase, etc. : a statement that describes what something is.
An IBAN (International Bank Account Number) is an international bank account identifier used to uniquely identify the account of a customer at a financial institution. This is the only permissible account identifier for SEPA payments.
A short definition of SWIFT BIC and IBAN for your reference. IBAN (International Bank Account Number): â¯. An IBAN is a series of alphanumeric characters (up to 34, dependent on country) that uniquely identifies an account held at any bank anywhere in the world. short definition of SWIFT BIC and IBAN for your reference. IBAN (International Bank Account Number): â¯. An IBAN is a series of alphanumeric characters (up to 34, dependent on country) that uniquely identifies an account held at any bank anywhere in the world.