International Bank Account Number (IBAN) is an international standard for identifying bank accounts (excluding credit cards).

It is the ISO 13616 international standard for bank account numbers.

The IBAN facilitates the communication and processing of payment transactions.

The main purpose of IBAN is to facilitate the automatic processing of money transfers, to improve the speed and accuracy of your payment transactions.

As per circular no 4305/2011, the UAE Central Bank is introducing the IBAN in the UAE with effect from 19 November 2011.

Based on the above the IBAN for the UAE will be 23 characters. The diagram below shows the various components of the UAE IBAN.



The IBAN has two main components, the header and the Basic Bank Account Number (BBAN).


Header – 4 Characters

Country Code (Two Characters) – The country code for UAE is "AE".

Check Digits (Two characters) - System generated.

BBAN – 19 Characters

Bank Code (Three Characters) - Standard Chartered Bank UAE institution identifier is "044".

Zeros (Three Characters) – Preceding zeros to keep the length of BBAN constant.

Currency code (Two Characters) – Numeric characters representing the ISO currency codes in Standard Chartered Banking System.

Account number (11 Characters) – Your 11-digit account number with Standard Chartered UAE