What is IBAN?

One of the requirements of the SEPA system is the use of an IBAN (International Bank Account Number) account. An IBAN account is an international bank account number standard. It consists of the country code (e.g. in Lithuania – LT), 2 control digits, the institution code, and the 11-character account number itself. IBAN accounts are issued to licensed financial institutions authorized to make payments. For example, in Lithuania, they are issued by the Bank of Lithuania.

Note: An IBAN account number is not the same as a debit/credit card number. This is an additional number with information that helps foreign banks recognize your account and make payments.

Where can I find my IBAN number?

You can find it by logging in to online banking.