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Privatbank IBAN and BIC Example
Privatbank IBAN Structure
IBAN Example: UA90 305299 2990004149123456789
| National Country Code ISO 3166 |
IBAN Checksum | BBAN (Basic Bank Account Number) | ||
| Bank Code | Account Number | |||
| UA | 55 | 305299 | 2990004149123456789 | |
Save on international money transfers
When you send or receive an international transfer with your bank, you might lose money on a bad exchange rate and pay hidden fees as a result.
This is because banks hide a fee in the exchange rate, which means that you will spend more on international money transfers than you should.
We recommend you use Wise (formerly TransferWise), which is usually much cheaper. For example, 1000 EUR transfer to USD can cost you as little as 4 EUR with Wise (formerly TransferWise), compared to 28 EUR with a bank.
When you send or receive an international transfer with your bank, you might lose money on a bad exchange rate and pay hidden fees as a result.
This is because banks hide a fee in the exchange rate, which means that you will spend more on international money transfers than you should.
We recommend you use Wise (formerly TransferWise), which is usually much cheaper. For example, 1000 EUR transfer to USD can cost you as little as 4 EUR with Wise (formerly TransferWise), compared to 28 EUR with a bank.
Structure of The Ukraine’s IBAN, International Bank Account Number the following elements:
- Country Code is the two letter ISO code of the country. In this case it is 'UA' for Ukraine.
- Check Digits are the two digits after the country code. They are specially calculated via an algorithm which ensures the correctness of the IBAN and protect against common typos.
- The bank code consists of the first six characters of MFO and unambiguously identifies the issuing institution. The BIC codes are registered by S.W.I.F.T. (as the Registration Authority for ISO 9362). There is possibility of obtain BIC code from sort code checker
- The MFO is a 6 numeric digit number that identifies the Ukraine institution and branch. For the purposes of the BBAN, the MFO is not depicted as three two digit numbers separated by hyphens.
- The account number is an 19 numeric digit number that identifies the individual customer’s clearing account at the UA institution/branch. For account numbers of less than 19 numeric digits, leading zeros must be added The BBAN is presented in all printed forms in sets of four alphabetic characters/numeric digits separated by spaces as follows: AAAA AAYY YYYY YYYY YYYY YYYY Y where A represents the bank code and Y the account number.
Privatbank BIC code example
BIC code example: PBANUA2XXXX
| 4 letters: Institution Code or bank code | 2 letters: ISO 3166-1 country code | 2 letters or digits: location code | 3 letters or digits: branch code - optional |
| PBAN | UA | 2X | XXX |
BIC codes ( also known as SWIFT codes ) are another identifier used in conjunction with the IBAN payments.
The specific structure for the Ukraine is described in the diagram above.
Our bank and branch directory can help you Find any BIC by Bank and Branch Name.