IBAN Information for: Equatorial Guinea

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

IBAN Information - Equatorial Guinea

Overview

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

Key Details

IBAN Length 27 characters
Country Prefix GQ
SEPA Member No
Currency XAF
Membership Non-Member
Central Bank Bank of Central African States
Central Bank Website www.beac.int

Format Information

SWIFT Format

GQ2!n5!n5!n11!n2!n

Regex Format

^GQ(\d{2})(\d{5})(\d{5})(\d{11})(\d{2})$

Example IBAN

GQ7050002001003715228190196

Domestic Format Information

BBAN Format

5!n5!n11!n2!n

BBAN Length

23 characters

Domestic Example

37152281901 96

BBAN Example

50002001003715228190196

IBAN Block Structure

GQ 70 5000 2001 00 37152281901 96

IBAN Structure Legend

GQ Country Code
70 Check Digits
5000 Bank Code
2001 Branch Code

00 Account Type
37152281901 Account Number
96 National Check Digits

Structure for Equatorial Guinea IBAN

Equatorial Guinea IBANs consist of the country code (GQ), check digits (2 digits), bank code (4 digits), branch code (4 digits), account type (2 digits), account number (11 digits), and national check digits (2 digits).

The Equatorial Guinea IBAN consists of 27 characters. It follows the structure of the Central African Economic and Monetary Community (CEMAC). The bank code (4 digits) identifies the bank, the branch code (4 digits) identifies the branch, followed by the account type (2 digits), an 11-digit account number, and 2 national check digits.

Bank Information

The IBAN contains encoded information about the bank and branch. Below are the positions of these components in the BBAN part.

Bank ID Position

Positions 0 to 4

Branch ID Position

Positions 5 to 9

Checksum Position

Positions 21 to 23

SWIFT Official

Registry Edition

2017-08-03

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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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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