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: IBAN stands for International Bank Account Number is a global standard for account numbers that uniquely identify a customer's bank. It is simply a distinctive account number that will be generated for each account you have with Masraf Al Rayan.: IBAN stands for International Bank Account Number is a global standard for account numbers that uniquely identify a customer's bank. It is simply a distinctive account number that will be generated for each account you have with Masraf Al Rayan.