IBAN Information for: Ukraine
Find out all you need to know about the IBAN format in UA, including length, structure, and validation rules.
IBAN Information - Ukraine
Overview
The International Bank Account Number (IBAN) for Ukraine (UA) follows specific formatting rules. Here you'll find all the important details about the UA IBAN format.
Key Details
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IBAN Length 29 characters
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Country Prefix UA
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SEPA Member No
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Currency UAH
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Membership Non-Member
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Central Bank National Bank of Ukraine
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Central Bank Website www.bank.gov.ua
Format Information
Domestic Format Information
IBAN Block Structure
UA 21 322313 0000026007233566001
IBAN Structure Legend
- UA Country Code
- 21 Check Digits
- 322313 Bank Code
- 0000026007233566001 Account Number
Structure for Ukraine IBAN
Ukraine IBANs consist of the country code (UA, 2 characters), check digits (2 digits), bank code (6 characters), and account number (19 digits). In total, the Ukraine IBAN comprises 29 characters.
The Ukraine IBAN consists of 29 characters in total. Ukraine uses the Hryvnia (UAH) as its currency. The Ukrainian banking system has undergone significant reforms in recent years and includes both national and international banks. The central bank is the National Bank of Ukraine (NBU). Ukraine introduced the IBAN system in 2016 to standardize and improve the efficiency of domestic and international payments. The bank code identifies the bank in the Ukrainian banking system, and the account number contains the specific customer account details. The introduction of the IBAN system was an important step in bringing the Ukrainian financial system closer to European standards.
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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