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IBAN Information for: Israel

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

IBAN Information - Israel

Overview

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

Key Details

  • IBAN Length 23 characters
  • Country Prefix IL
  • SEPA Member No
  • Currency ILS
  • Membership Non-Member
  • Central Bank Bank of Israel
  • Central Bank Website www.bankisrael.org.il

Format Information

IL2!n3!n3!n13!n
^IL(\d{2})(\d{3})(\d{3})(\d{13})$
IL620108000000099999999

Domestic Format Information

3!n3!n13!n
19 characters
10-800-99999999
010800000099999999

IBAN Block Structure

IL 62 010 800 0000099999999

IBAN Structure Legend
  • IL Country Code
  • 62 Check Digits
  • 010 Bank Code
  • 800 Branch Code
  • 0000099999999 Account Number
Structure for Israeli IBAN

Israeli IBANs consist of the country code (IL), check digits (2 digits), bank code (3 digits), branch code (3 digits), and account number (13 digits).

The Israeli IBAN consists of 23 characters. The bank code (3 digits) identifies the bank, followed by the branch code (3 digits) which identifies the specific branch of the bank. The account number (13 digits) identifies the individual account within the bank. Israel is not a SEPA member but has adopted the IBAN system for international transfers. The national currency is the Israeli Shekel (ILS).

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 2
Positions 3 to 5
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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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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