IBAN Information for: Greenland
Find out all you need to know about the IBAN format in GL, including length, structure, and validation rules.
IBAN Information - Greenland
Overview
The International Bank Account Number (IBAN) for Greenland (GL) follows specific formatting rules. Here you'll find all the important details about the GL IBAN format.
Key Details
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IBAN Length 18 characters
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Country Prefix GL
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SEPA Member No
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Currency DKK
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Membership Non-Member
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Central Bank National Bank of Denmark (Danmarks Nationalbank)
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Central Bank Website www.nationalbanken.dk
Format Information
Domestic Format Information
IBAN Block Structure
GL 89 6471 000100020 6
IBAN Structure Legend
- GL Country Code
- 89 Check Digits
- 6471 Bank Code
- 000100020 Account Number
- 6 Control Digit
Structure for Greenland IBAN
Greenland IBANs consist of the country code (GL), check digits (2 digits), bank code (4 digits), account number (9 digits), and a control digit (1 digit).
The Greenland IBAN consists of 18 characters. It follows the Danish banking system structure, as Greenland is an autonomous territory within the Kingdom of Denmark. The bank code (4 digits) identifies the bank, followed by a 9-digit account number and a final control digit for verification.
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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