Central Bank of Bahrain
  

International Banking Account Number

IBAN is the internationally accepted ISO (the International Organization for Standardization) 13616-1:2007 compliant International Bank Account Number (IBAN) format for bank customer account numbers in the Kingdom of Bahrain. IBAN will: uniquely identify a bank customer account; and promote faster and more reliable electronic customer fund transfers.

ISO IBAN Standard for the Kingdom of Bahrain

The Central Bank of Bahrain issued the IBAN Standard for the Kingdom of Bahrain in February, 2011. The IBAN for the Kingdom of Bahrain consists of 22 alphanumeric characters:

Example of an IBAN: BH29 BMAG 1299 1234 56BH 00

Country Code
(2 Alpha characters)

Check Digit
(2 Numeric characters)

Bank Identifier
(4Alpha characters), first 4 letters of the bank’s SWIFT code “BIC”

Core Bank Account Number
(14 Numeric or Alphanumeric characters)

BH

29

BMAG

1299123456BH00

The IBAN format for the Kingdom of Bahrain has been registered at SWIFT, which acts as the registration authority for IBAN formats. The IBAN registry is available at the SWIFT website:

http://www.swift.com/dsp/resources/documents/IBAN_Registry.pdf

IBAN Implementation

Retail banks will start issuing IBANs to customers from 1st September, 2011. Banks and customers are required to use IBAN in making the following payments from 31st January, 2012:

  1. Domestic electronic payments to and from customer accounts of banks in the Kingdom of Bahrain;
  2. Cross-border outgoing electronic payments from customer accounts of banks in the Kingdom of Bahrain to customer accounts of banks/financial institutions in countries that have adopted IBAN (and made its usage mandatory); and
  3. Cross-border incoming electronic payments to customer accounts of banks in the Kingdom of Bahrain from customer accounts of banks/financial institutions in countries that have adopted IBAN as well as countries that have not adopted IBAN.

Banks will indicate the IBAN of the customer and SWIFT Code (BIC) of the bank in the header of the customer’s bank account statement(s).
Implementation of International Bank Account Number (IBAN) is an initiative of the Bahrain Economic Vision 2030 to improve the efficiency of electronic payments and further strengthen Bahrain’s status as the regional financial centre.

IBAN Standard Document

" ISO International Bank Account Number (IBAN) Standard for the Kingdom of Bahrain " document provides: the format of the IBAN for the Kingdom of Bahrain; scope, generation and usage of the IBAN; parties authorized to generate and issue IBAN; and the methodology for generation and validation of the IBAN.

IBAN Standard Document                                       Download download pdf Download download word document

 

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