IBAN Information for: Pakistan
Find out all you need to know about the IBAN format in PK, including length, structure, and validation rules.
IBAN Information - Pakistan
Overview
The International Bank Account Number (IBAN) for Pakistan (PK) follows specific formatting rules. Here you'll find all the important details about the PK IBAN format.
Key Details
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IBAN Length 24 characters
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Country Prefix PK
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SEPA Member No
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Currency PKR
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Membership Non-Member
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Central Bank State Bank of Pakistan
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Central Bank Website www.sbp.org.pk
Format Information
Domestic Format Information
IBAN Block Structure
PK 36 SCBL 0000001123456702
IBAN Structure Legend
- PK Country Code
- 36 Check Digits
- SCBL Bank Code
- 0000001123456702 Account Number
Structure for Pakistani IBAN
Pakistani IBANs consist of the country code (PK, 2 characters), check digits (2 digits), bank code (4 characters), and account number (16 digits).
The Pakistani IBAN consists of 24 characters. The bank code (4 characters) identifies the specific bank and often corresponds to the first four characters of the BIC/SWIFT code. The account number (16 digits) contains the details of the customer account. Pakistan introduced the IBAN system in 2012 to standardize international payments and improve the efficiency of the national banking system. As Pakistan is not part of the SEPA zone, international transfers may require longer processing times and incur higher fees than transfers within SEPA.
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
Our IBAN Tools
Validate IBAN
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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.
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