IBAN Information for: Saint Lucia
Find out all you need to know about the IBAN format in LC, including length, structure, and validation rules.
IBAN Information - Saint Lucia
Overview
The International Bank Account Number (IBAN) for Saint Lucia (LC) follows specific formatting rules. Here you'll find all the important details about the LC IBAN format.
Key Details
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IBAN Length 32 characters
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Country Prefix LC
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SEPA Member No
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Currency XCD
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Membership Non-Member
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Central Bank Eastern Caribbean Central Bank
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Central Bank Website www.eccb-centralbank.org
Format Information
Domestic Format Information
IBAN Block Structure
LC 55 HEMM 000100010012001200023015
IBAN Structure Legend
- LC Country Code
- 55 Check Digits
- HEMM Bank Code
- 000100010012001200023015 Account Number
Structure for Saint Lucia IBAN
Saint Lucia IBANs consist of the country code (LC), check digits (2 digits), bank code (4 digits), and account number (24 digits).
The Saint Lucia IBAN consists of 32 characters. After the country code (LC) and check digits, the 4-digit bank code identifies the financial institution. The remaining 24 characters are allocated for the account number.
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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