IBAN Information for: Brazil
Find out all you need to know about the IBAN format in BR, including length, structure, and validation rules.
IBAN Information - Brazil
Overview
The International Bank Account Number (IBAN) for Brazil (BR) follows specific formatting rules. Here you'll find all the important details about the BR IBAN format.
Key Details
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IBAN Length 29 characters
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Country Prefix BR
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SEPA Member No
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Currency BRL
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Membership Non-Member
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Central Bank Central Bank of Brazil
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Central Bank Website www.bcb.gov.br
Format Information
Domestic Format Information
IBAN Block Structure
BR 97 00360305 00001 0009795493 P1
IBAN Structure Legend
- BR Country Code
- 97 Check Digits
- 00360305 Bank Code
- 00001 Branch Code
- 0009795493 Account Number
- P1 Account Type and Control
Structure for Brazilian IBAN
Brazilian IBANs consist of the country code (BR), check digits (2 digits), bank code (8 digits), branch code (5 digits), account number (10 digits), and account type with control characters (2 characters) at the end.
The Brazilian IBAN consists of 29 characters. The bank code (8 digits) identifies the financial institution. The branch code (5 digits) identifies the specific branch of the bank. The account number (10 digits) identifies the individual account within the bank. The last 2 characters indicate the account type and serve as additional control characters. Brazil has adopted the IBAN system to standardize international payments and facilitate integration into global 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
Our IBAN Tools
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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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