IBAN Information for: Estonia
Find out all you need to know about the IBAN format in EE, including length, structure, and validation rules.
IBAN Information - Estonia
Overview
The International Bank Account Number (IBAN) for Estonia (EE) follows specific formatting rules. Here you'll find all the important details about the EE IBAN format.
Key Details
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IBAN Length 20 characters
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Country Prefix EE
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SEPA Member Yes
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Currency EUR
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Membership EU Member
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Central Bank Bank of Estonia
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Central Bank Website www.eestipank.ee
Format Information
Domestic Format Information
IBAN Block Structure
EE 47 10 00 00102014568 5
IBAN Structure Legend
- EE Country Code
- 47 Check Digits
- 10 Bank Code
- 00 Branch Code
- 00102014568 Account Number
- 5 National Code
Structure for Estonian IBAN
Estonian IBANs consist of the country code (EE), check digits (2 digits), bank code (2 characters), branch code (2 digits), account number (11 digits), and national code (1 digit).
The Estonian IBAN consists of 20 characters. The bank code (2 characters) identifies the bank, followed by the branch code (2 digits) identifying the specific branch. The account number (11 digits) represents the customer's account, and the national code (1 digit) completes the IBAN. Estonia is a member of the Single Euro Payments Area (SEPA) and uses the Euro as its currency.
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
Did You Know?
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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