IBAN Information for: Réunion
Find out all you need to know about the IBAN format in RE, including length, structure, and validation rules.
IBAN Information - Réunion
Overview
The International Bank Account Number (IBAN) for Réunion (RE) follows specific formatting rules. Here you'll find all the important details about the RE IBAN format.
Key Details
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IBAN Length 27 characters
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Country Prefix RE
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SEPA Member Yes
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Currency EUR
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Membership EU Member
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Central Bank Bank of France (Banque de France)
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Central Bank Website www.banque-france.fr
Format Information
Domestic Format Information
IBAN Block Structure
FR 76 30006 00001 12345678901 89
IBAN Structure Legend
- FR Country Code
- 76 Check Digits
- 30006 Bank Code
- 00001 Branch Code
- 12345678901 Account Number
- 89 National Key
Structure for Reunion IBAN
The IBAN for Reunion (French overseas department) consists of the country code (FR, 2 characters), check digits (2 digits), bank code (5 characters), branch code (5 digits), account number (11 digits), and national key (2 digits). It has a total of 27 characters.
Reunion as a French overseas department uses the French IBAN standard. Although Reunion is geographically located in the Indian Ocean near Madagascar, it is an integral part of the European Union and belongs to the SEPA (Single Euro Payments Area) zone. Therefore, euro transfers to and from Reunion can be made under the same conditions as within mainland France. The IBAN follows the format of the French IBAN with a total length of 27 characters.
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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