IBAN Information for: Mali
Find out all you need to know about the IBAN format in ML, including length, structure, and validation rules.
IBAN Information - Mali
Overview
The International Bank Account Number (IBAN) for Mali (ML) follows specific formatting rules. Here you'll find all the important details about the ML IBAN format.
Key Details
-
IBAN Length 28 characters
-
Country Prefix ML
-
SEPA Member No
-
Currency XOF
-
Membership Non-Member
-
Central Bank Central Bank of West African States (BCEAO)
-
Central Bank Website www.bceao.int
Format Information
Domestic Format Information
IBAN Block Structure
ML 13 ML016 01201 026001006684 97
IBAN Structure Legend
- ML Country Code
- 13 Check Digits
- ML016 Bank Code
- 01201 Branch Code
- 026001006684 Account Number
- 97 National Check Digits
Structure for Mali IBAN
Mali IBANs consist of the country code (ML), check digits (2 digits), bank code (5 digits), branch code (5 digits), account number (12 digits), and national check digits (2 digits).
The Mali IBAN consists of 28 characters. After the country code (ML) and check digits, follows the bank code (5 digits) which identifies the bank, and the branch code (5 digits) which identifies the specific branch. The account number (12 digits) contains the details of the customer account. The last 2 digits are national check digits used for internal validation. Mali uses the IBAN as part of the international standard for cross-border payments, although the country is not part of the SEPA zone.
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
Validate IBAN
Verify that an IBAN is correctly formatted and valid with our free IBAN validator tool.
Find BIC/SWIFT
Look up the BIC/SWIFT code for a bank using our search tool to complete your international transfer details.
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.
Ready to Get Started?
Use IBANTEST for precise IBAN validation and calculation – reliable and user-friendly.