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What is an IBAN?

What is an IBAN? Here are some definitions.

Noun
  1. (banking) Initialism of International Bank Account Number.
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Examples
It is therefore important that you provide us with your account number in writing in IBAN format.
The changeover to the IBAN will require that corporates change the account numbers of all their clients.
The SPC decided in March 2004 to initiate a project furthering and expanding the use of the IBAN within the Swiss payment traffic.
Thanks to the check digit, the IBAN can already be verified at the payment's originating source.
In euroSIC the payment is credited to the recipient bank on the basis of the IID in the IBAN and automatically transferred to it.
It is therefore appropriate that payment service providers provide payment service users with the IBAN and the BIC for the account in question.

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