What is IBAN?
IBAN stands for International Bank Account Number. This is an internationally agreed standard (SEPA) of account number, which has been designed to assist with cross-border payments made within the EU. Your IBAN consists of your account number and a new code.
Example IBAN: IE85AIBK91234512345678
What is BIC?
BIC stands for Bank Identifier Code. The BIC code replaces your traditional sort code and when used in conjunction with an IBAN it identifies your specific bank. Example BIC: AIBKIE2DXXX
Where can I find my IBAN and BIC?
Your IBAN and BIC can be found on your bank account or obtained directly from your bank. Also, you can retrieve your IBAN and BIC by using an online IBAN calculator.