Contact us

0844 481 5887
8:30am - 5pm Monday - Friday

If you would like further information on any of the terms in our glossary or to request a call back with one of our experts, please click on the image below:

Contact an Experian expert

Mandatory BIC and IBAN

In June 2005, the European Payments Council passed a resolution whereby the BIC (Bank Identifier Code) and IBAN (International Bank Account Number) are now the only beneficiary customer account identifier and bank routing designation recognised by banks for all European cross-border credit transfers in Euros.
Please also see Bank Wizard - BIC and IBAN validation and IBAN (International Bank Account Number) - an introduction

  • © 2015 Experian. All rights reserved