IBAN Information for: Mauritania
Find out all you need to know about the IBAN format in MR, including length, structure, and validation rules.
IBAN Information - Mauritania
Overview
The International Bank Account Number (IBAN) for Mauritania (MR) follows specific formatting rules. Here you'll find all the important details about the MR IBAN format.
Key Details
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IBAN Length 27 characters
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Country Prefix MR
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SEPA Member No
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Currency MRO
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Membership Non-Member
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Central Bank Central Bank of Mauritania
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Central Bank Website www.bcm.mr
Format Information
Domestic Format Information
IBAN Block Structure
MR 13 00020 00101 00001234567 53
IBAN Structure Legend
- MR Country Code
- 13 Check Digits
- 00020 Bank Code
- 00101 Branch Code
- 00001234567 Account Number
- 53 National Check Digits
Structure for Mauritanian IBAN
Mauritanian IBANs consist of the country code (MR), check digits (2 digits), bank code (5 digits), branch code (5 digits), account number (11 digits), and national check digits (2 digits).
The Mauritanian IBAN consists of 27 characters. The bank code (5 digits) identifies the bank, followed by the branch code (5 digits) which identifies the specific branch. The account number (11 digits) contains the details of the customer account. The last 2 digits are national check digits used for internal validation. Mauritania uses the IBAN according to the international standard ISO 13616 for cross-border payments, although the country is not part of the SEPA zone.
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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