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IBAN Information for: Monaco

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

IBAN Information - Monaco

Overview

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

Key Details

  • IBAN Length 27 characters
  • Country Prefix MC
  • SEPA Member Yes
  • Currency EUR
  • Membership Other Member

Format Information

MC2!n5!n5!n11!c2!n
^MC(\d{2})(\d{5})(\d{5})([A-Za-z0-9]{11})(\d{2})$
MC5811222000010123456789030

Domestic Format Information

5!n5!n11!c2!n
23 characters
0011111000h
11222 00001 01234567890 30

IBAN Block Structure

MC 58 11222 00001 01234567890 30

IBAN Structure Legend
  • MC Country Code
  • 58 Check Digits
  • 11222 Bank Code
  • 00001 Branch Code
  • 01234567890 Account Number
  • 30 National Check Digits
Structure for Monaco IBAN

Monaco IBANs consist of the country code (MC), check digits (2 digits), bank code (5 digits), branch code (5 digits), account number (11 digits), and national check digits (2 digits). It follows the French IBAN structure.

The Monaco IBAN consists of 27 characters and follows the same format as the French IBAN. The bank code (5 digits) identifies the bank, followed by the branch code (5 digits). The account number (11 characters) may be alphanumeric. The last 2 digits are national check digits used for internal validation.

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 4
Positions 5 to 9
Positions 21 to 22
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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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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