United Arab Emirates (UAE) IBAN Format Structure and Examples

IBAN BIC Codes for International Bank Account Number in United Arab Emirates.

What is IBAN?
IBAN is a unique customer account number which will be mandatory for making or receiving all international/domestic payments in United Arab Emirates.

The IBAN for United Arab Emirates will be 23 digits in length. IBAN is an expanded version of your Basic Bank Account Number used internationally to uniquely identify your account at any financial institution around the world. IBAN structure that includes the existing account number with few other additional information, like the country code, the bank code for the bank account holder and check digits.

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What is the benefit of an IBAN?
The IBAN includes ALL information required for the payment to be successful and other details like bank or branch are not required. As a result of, the chances of payments getting delayed or lost due to incomplete or inaccurate bank details will be eliminated.
The main purpose of IBAN is to facilitate automatic processing of money transfers and to improve the speed and accuracy of your payment transactions. The adoption of IBAN will also improve the accuracy of electronic payments passing through Central Bank payment systems namely: UAEFTS and Wages Protection System (WPS). Service offer International Bank Account Number Validation.

List of countries using IBAN with examples.

When will IBAN be implemented?
Central Bank has mandated IBAN with effect from 19th November 2011 whereby all banks in the UAE are required to accept and process payment instructions with IBAN. Consequently, you will be required to provide an IBAN for all instructions for value date on or after 19th November 2011 when making payment from or receiving payments to your account.


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

Who requires an IBAN?
Bank customers, who receive or make electronic payments in UAE or abroad, will require IBAN. If you have more than one account at your bank, you will require an IBAN for each of your accounts.

Does the existing account numbers become invalid with the introduction of IBAN?

No. Your existing account number will continue to be valid. IBAN is not a new account number. It simply represents the existing account number in an electronically recognizable ISO standard format. The adoption of IBAN in UAE does not require changing or replacing the existing account numbers.