IBAN Information for: Djibouti
Find out all you need to know about the IBAN format in DJ, including length, structure, and validation rules.
IBAN Information - Djibouti
Overview
The International Bank Account Number (IBAN) for Djibouti (DJ) follows specific formatting rules. Here you'll find all the important details about the DJ IBAN format.
Key Details
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IBAN Length 27 characters
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Country Prefix DJ
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SEPA Member No
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Currency DJF
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Membership Non-Member
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Central Bank Central Bank of Djibouti
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Central Bank Website www.banque-centrale.dj
Format Information
Domestic Format Information
IBAN Block Structure
DJ 21 00010 00000 01540001001 86
IBAN Structure Legend
- DJ Country Code
- 21 Check Digits
- 00010 Bank Code
- 00000 Branch Code
- 01540001001 Account Number
- 86 National Check Digits
Structure for Djibouti IBAN
Djibouti IBANs consist of the country code (DJ), check digits (2 digits), bank code (5 digits), branch code (5 digits), account number (11 digits), and national check digits (2 digits).
The Djibouti IBAN consists of 27 characters. The bank code (5 digits) identifies the financial institution, followed by the branch code (5 digits). The account number (11 digits) is typically numeric. The last 2 digits are national check digits used for internal validation. Djibouti adopted the IBAN standard to facilitate international banking transactions.
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 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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