IBAN Information for: Bosnia and Herzegovina
Find out all you need to know about the IBAN format in BA, including length, structure, and validation rules.
IBAN Information - Bosnia and Herzegovina
Overview
The International Bank Account Number (IBAN) for Bosnia and Herzegovina (BA) follows specific formatting rules. Here you'll find all the important details about the BA IBAN format.
Key Details
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IBAN Length 20 characters
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Country Prefix BA
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SEPA Member No
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Currency BAM
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Membership Non-Member
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Central Bank Central Bank of Bosnia and Herzegovina
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Central Bank Website www.cbbh.ba
Format Information
Domestic Format Information
IBAN Block Structure
BA 39 129 007 94010284 94
IBAN Structure Legend
- BA Country Code
- 39 Check Digits
- 129 Bank Code
- 007 Branch Code
- 94010284 Account Number
- 94 Control Characters
Structure for Bosnian and Herzegovinian IBAN
Bosnian and Herzegovinian IBANs consist of the country code (BA), check digits (2 digits), bank code (3 digits), branch code (3 digits), account number (8 digits), and 2 control characters at the end.
The Bosnian and Herzegovinian IBAN consists of 20 characters. The bank code (3 digits) identifies the financial institution. The branch code (3 digits) identifies the specific branch of the bank. The account number (8 digits) identifies the individual account within the bank. At the end of the IBAN, there are 2 control characters used for validation. Bosnia and Herzegovina introduced the IBAN system as part of its efforts to integrate into European financial markets.
Bank Information
What is an IBAN?
An International Bank Account Number (IBAN) is a standardized international numbering system developed to identify bank accounts from around the world. It was originally adopted by the European Committee for Banking Standards and later as an international standard.
IBAN Uses
- International wire transfers
- SEPA payments within Europe
- Automated payment processing
Benefits of IBANs
- Reduced errors in international payments
- Faster processing of cross-border transactions
- Standardized format for global banking
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IBAN FAQs
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IBAN Verification
The check digits in an IBAN allow for verification of the entire number, reducing the risk of errors during transcription. This makes international payments more reliable.
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