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BG78MYFN401210E2031285

Bank Name: MYFIN EAD

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IBAN
BG78MYFN401210E2031285Copy
Country CodeBG
Check Digits78
Bank CodeMYFN
Branch Code401210
Account number10E2031285
Bank Name
MYFIN EAD
Branch Code
XXX
Bank Address
TSARIGRADSKO SHOSE BLVD. 111P
City
SOFIA
Province/State
SOFIA
Postal Code/Zip
1784
CountryBULGARIA
SWIFT CodeMYFNBGSFXXX

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FAQ

Which bank does the IBAN BG78MYFN401210E2031285 correspond to?

The IBAN BG78MYFN401210E2031285 belongs to the bank MYFIN EAD, and the bank identity can be further confirmed via the SWIFT/BIC code MYFNBGSFXXX, ensuring accurate fund transfer during international remittances.

What should you pay attention to when making a transfer using the IBAN BG78MYFN401210E2031285?

When using IBAN BG78MYFN401210E2031285 for a transfer, it is recommended to also provide the recipient's SWIFT/BIC code MYFNBGSFXXX, bank name MYFIN EAD, and the complete bank address. Ensuring that all details are correct can effectively avoid the risk of transfer failure, delays, or funds being sent to the wrong account. It is best to use an IBAN validation tool to check the number's validity before making the transfer, reducing unnecessary issues.

How is the check digit in the IBAN BG78MYFN401210E2031285 derived? What is its purpose?

The check digits are the second and third positions in BG78MYFN401210E2031285, and they are used to prevent human input errors. By converting the IBAN into numbers and performing a modulo 97 operation, if the result is 1, the IBAN is valid. This ensures that when making international transfers (such as sending money to MYFIN EAD), the funds are not mistakenly sent to the wrong institution.

Can one IBAN be shared by multiple accounts?

An IBAN number uniquely corresponds to a specific account and cannot be shared by different accounts. Each IBAN encodes unique account information, and if two accounts use the same IBAN, the banking system will be unable to correctly identify the specific receiving account. Therefore, when opening accounts at different banks or branches, even if they belong to the same account holder, different IBANs will be generated.

If I enter the wrong IBAN BG78MYFN401210E2031285, will the transfer still succeed?

If you make a mistake while entering the IBAN BG78MYFN401210E2031285, such as leaving out parts or entering incorrect characters, the bank system typically performs an initial verification based on the check digits. If an error is detected, the transaction will be rejected and the funds returned. However, if the check digits pass and only the account information is incorrect, the funds may be sent to the wrong account. In such a case, you should contact the sending bank MYFIN EAD as soon as possible and provide the correct IBAN along with the corresponding SWIFT/BIC code MYFNBGSFXXX, in an attempt to intercept or recover the funds.
Disclaimer: The data provided on this page is sourced from the Internet and bank official websites and is for reference only. We do not guarantee the accuracy, completeness or timeliness of the data. Users should verify the relevant information and bear the risks of use.