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The number
The IBAN (International Bank Account Number) stems from
works engaged within the European Committee of Banking Standardization
(CENB) and the International Standard Organization (ISO), to facilitate
the treatment of the international but especially cross-border operations
from the beggining to the end.It allows the principal banker to seize
quickly a number without a break between the operation.
The IBAN was adopted in Europe according to the European
circular AFB n°97/075 and by the Norm ISO n°13616.
The structure is as following : PP
CC NNNN … NN
. PP is equivalent to the country
code ISO 3166 (for Burundi = "BI")
. CC is a verified digit number (see method
of calculation farther)
. NNNN … NN is equivalent to the BBAN used
in the bank.
In BURUNDI, the number IBAN of the account 201-0005272-81
will be "BI24 2010 0052 7281".
The calculation of the digit number
Priliminary stage :
We create an "artificial" IBAN, consisted of the country
code, followed by "00" and by the BBAN with only alphanumeric characters.
Example : from the number "201-0005272-81" to BI00 2010 0052 7281
This calculation has to be made in 3 stages :
Stage 1 :
Indicate the number BBAN followed by the country code and of "00".
Example: for the number "201-0005272-81" to 201000527281 BI 00.
Stage 2 :
Convert letters into digit numbers, according to the table of conversion
below.
Example: 201000527281 1118 00
| A = 10 |
G = 16 |
M = 22 |
S = 28 |
Y = 34 |
| B = 11 |
H = 17 |
N = 23 |
T = 29 |
Z = 35 |
| C = 12 |
I = 18 |
O = 24 |
U = 30 |
|
| D = 13 |
J = 19 |
P = 25 |
V = 31 |
|
| E = 14 |
K = 20 |
Q = 26 |
W = 32 |
|
| F = 15 |
L = 21 |
R = 27 |
X = 33 |
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Stage 3 :
Apply Modulo 97 and deduct the rest of 98, if the result contains
a single digit only , put one "0" in front. Insert the result obtained
in the position 3 of IBAN (just after the country code ).
Example: 98 - 74 = 24 the IBAN of our account will be "BI24 2010 0052
7281"
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