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IBAN Information for: Latvia

Find out all you need to know about the IBAN format in LV, including length, structure, and validation rules.

IBAN Information - Latvia

Overview

The International Bank Account Number (IBAN) for Latvia (LV) follows specific formatting rules. Here you'll find all the important details about the LV IBAN format.

Key Details

  • IBAN Length 21 characters
  • Country Prefix LV
  • SEPA Member Yes
  • Currency EUR
  • Membership EU Member
  • Central Bank Bank of Latvia
  • Central Bank Website www.bank.lv/lat/main/all

Format Information

LV2!n4!a13!c
^LV(\d{2})([A-Z]{4})([A-Za-z0-9]{13})$
LV80BANK0000435195001

Domestic Format Information

4!a13!c
17 characters
BANK 0000 4351 9500 1
BANK0000435195001

IBAN Block Structure

LV 80 BANK 0000435195001

IBAN Structure Legend
  • LV Country Code
  • 80 Check Digits
  • BANK Bank Code
  • 0000435195001 Account Number
Structure for Latvian IBAN

Latvian IBANs consist of the country code (LV), check digits (2 digits), bank code (4 characters), and account number (13 digits).

The Latvian IBAN consists of 21 characters. The 4-character bank code identifies the financial institution in Latvia and can contain both letters and numbers. The account number is 13 digits long. Latvia is part of the SEPA (Single Euro Payments Area) and has adopted the Euro as its currency.

Bank Information

The IBAN contains encoded information about the bank and branch. Below are the positions of these components in the BBAN part.
Positions 0 to 3
Yes
2011-06-20

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.

Important to know: Each country has its own IBAN format and length, but all follow the same basic structure with a country code, check digits, and account number components.
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 FAQs

What is an IBAN? IBAN - Countrylist How to remember your IBAN? How is the IBAN structured? How is the IBAN check digit calculated? BIC - Bank Identifier Code

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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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