IBAN Generator & Validator

IBAN stands for International Bank Account Number. An IBAN is not a new account number, but simply a new format for an existing bank account number that will be recognised internationally.

The main purpose of IBAN is to facilitate the automatic processing of money transfers to improve the speed and accuracy of your payment transactions. The benefit of IBAN to the customer is the assurance of making a payment to the correct account without delay.

Please ensure that the IBAN for your account is communicated to all parties from whom you are expecting a remittance to your account. Should you have standing orders for effecting payments from your account to beneficiary accounts held in banks within Pakistan other than Askari Bank, you will need to amend them by providing the IBAN equivalent for the beneficiary account.

FAQ's

IBAN stands for International Bank Account Number. An IBAN is not a new account number, but simply a new format for an existing bank account number that will be recognized internationally.

The IBAN facilitates the communication and processing of payment transactions. The IBAN is an international standard for identifying bank accounts (excluding credit cards). The main purpose of IBAN is to facilitate the automatic processing of money transfers, to improve the speed and accuracy of your payment transactions.

An IBAN contains information relating to the country, bank and branch of the beneficiary as well as the account number itself.

Based on the above the IBAN for Pakistan will be 24 characters:

Country code identifies the country in which the IBAN was issued and where the IBAN account is held
The check number enables a banking institution to complete an integrity check of the IBAN. It will vary from one IBAN to another
Bank code identifies the IBAN account holder’s bank
The account number identifies the account into which funds should be transferred.

Country Code | Check Digit | Bank Code | Account Number

The first two digits will be the Country Code
The next two digits will be checking digits
The next four digits will be the Bank Code
The last 16 digits will be the customer’s account number

Your Existing Account Number is: 0010110203819 *

Your IBAN Number is: PK69ASCM0000010110203819 *

* The above example is for Askari Bank Limited Account Holders

The main benefit is that IBAN should provide you with quicker processing of your funds transfer. Since banks are required to check the accuracy of the IBAN at the point of initiating a fund transfer, they can only make the funds transfer which carry the correct IBAN.

All bank customers, who receive or make fund transfers through Pakistan, will require an IBAN. If you have multiple bank accounts, you will require an IBAN for each one.

You can start using IBAN for your local and international fund transfers.

The main benefit of IBAN to the customer is the assurance of making a payment to the correct account without delay.

You can retrieve your IBAN from our bank’s website at Generate IBAN and you will see your equivalent ΙΒΑΝ on your bank statement

IBAN can be used for the following local and international payments:

Making a fund transfer (through a bank) to an account at a bank in Pakistan;
Making a payment (through a bank) to an account in a country that has adopted IBAN;
Receiving a fund transfer (through a bank) from an account at a bank in Pakistan;
Receiving a fund transfer (through a bank) from an account in a country that has adopted IBAN; and
Receiving a fund transfer (through a bank) from an account in a country that has not adopted IBAN.

An IBAN can always be distinguished from a normal customer account number by the following:

Two letters at the beginning of the IBAN, which refer to the country code where the account resides; and
The length of the IBAN is 24 characters.

No, your existing account number(s) will continue to be valid. IBAN is not a new account number. It simply represents the existing account number in a recognizable ISO standard format. The adoption of IBAN in Pakistan does not require changing or replacing the existing account numbers.

No, the IBAN must be used for sending and receiving local and international funds transfers.

You will not be able to see your IBAN on Online Banking. However, you will be able to see your IBAN on your statements and balance reports.

Presently, there is no additional charge for using IBAN other than our normal transaction processing fees.

The SBP decided to implement IBAN to increase the efficiency/accuracy of customer payment transactions without any delay.

You can visit the website link “Generate IBAN” and input your valid Askari Bank Pakistan account number to generate your IBAN.

You can visit the website link “Validate IBAN” and input your Askari Bank Pakistan IBAN number for validation.

Banks will not process and will reject such transfers if they do not contain a valid IBAN account number.

IBAN Generator

Please enter 13 digit Account Number: *

(3-digit Branch Code - 10-digit Account Number including check digit)

Disclaimer

This IBAN generator is provided to assist customers generate their IBAN numbers and is based on the correct input of account details. If incorrect details are supplied, the calculator will generate an incorrect IBAN. Customers must ensure the details entered are correct and use this IBAN generator at their own risk. Askari Bank accepts no responsibility or liability arising with respect to any IBAN generated and used where the customer has provided incorrect details.

I have read and accepted the terms outlined in the disclaimer

* If you do not know the check digit of your account, please contact your branch