IBAN Information for: Ivory Coast
Find out all you need to know about the IBAN format in CI, including length, structure, and validation rules.
IBAN Information - Ivory Coast
Overview
The International Bank Account Number (IBAN) for Ivory Coast (CI) follows specific formatting rules. Here you'll find all the important details about the CI IBAN format.
Key Details
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IBAN Length 28 characters
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Country Prefix CI
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SEPA Member No
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Currency XOF
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Membership Non-Member
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Central Bank Central Bank of West African States (BCEAO)
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Central Bank Website www.bceao.int
Format Information
Domestic Format Information
IBAN Block Structure
CI 93 CI008 01141 014140230156 25
IBAN Structure Legend
- CI Country Code
- 93 Check Digits
- CI008 Bank Code
- 01141 Branch Code
- 014140230156 Account Number
- 25 Control Characters
Structure for Ivory Coast IBAN
Ivory Coast IBANs consist of the country code (CI), check digits (2 digits), bank code (5 digits), branch code (5 digits), account number (12 digits), and control characters (2 characters).
The Ivory Coast IBAN consists of 28 characters. The bank code (5 digits) identifies the financial institution. The branch code (5 digits) identifies the specific branch of the bank. The account number (12 digits) identifies the individual account within the bank. The final 2 characters are control characters used for additional validation purposes. Ivory Coast has implemented the IBAN system to facilitate international payments and comply with international banking standards in West Africa.
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 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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