Validating iban

In particular, the IBAN calculator does not magically make cross-border transfers possible or cheap!

Here you can find details about the various supported countries.To enhance the quality and increase the proportion of cross-border payments processed automatically, a number of international banks and the International Organization for Standardization (ISO) have developed a standard method for identifying account numbers - called IBAN.The IBAN is not another account number, but an internationally acknowledged and recognisable format for validating for instance your account numbers with Nordea.Whenever you enter an account number into a form that is not encrypted, there is a possibility for random people to read these data as they travel over the internet.1.What can happen if someone reads an account number?

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