IBAN Information for: Wallis and Futuna
Find out all you need to know about the IBAN format in WF, including length, structure, and validation rules.
IBAN Information - Wallis and Futuna
Overview
The International Bank Account Number (IBAN) for Wallis and Futuna (WF) follows specific formatting rules. Here you'll find all the important details about the WF IBAN format.
Key Details
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IBAN Length 27 characters
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Country Prefix WF
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SEPA Member No
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Currency XPF
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Membership Other Member
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Central Bank Overseas Issuing Institute (Institut d'émission d'Outre-Mer)
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Central Bank Website www.ieom.fr
Format Information
Domestic Format Information
IBAN Block Structure
WF 62 30003 00050 01234567891 54
IBAN Structure Legend
- WF Country Code
- 62 Check Digits
- 30003 Bank Code
- 00050 Branch Code
- 01234567891 Account Number
- 54 National Code
Structure for Wallis and Futuna IBAN
Wallis and Futuna IBANs consist of the country code (WF, 2 characters), check digits (2 digits), bank code (5 characters), branch code (5 digits), account number (11 digits), and national code (2 digits). In total, the Wallis and Futuna IBAN comprises 27 characters.
The Wallis and Futuna IBAN consists of 27 characters in total. Wallis and Futuna is a French overseas territory in the South Pacific that uses the CFP Franc (XPF) as its official currency. The banking system in Wallis and Futuna follows the French system and is under the supervision of the Banque de France. Due to its affiliation with France, the IBAN structure follows a similar pattern to the French IBAN but has been adapted to the specific requirements of the territory. The bank code identifies the bank, while the branch code specifies the particular bank branch, and the account number contains the customer account details. The national code at the end serves to identify the territory within the French overseas system. Although Wallis and Futuna is not directly part of SEPA, the IBAN facilitates international transfers through the French banking system.
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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