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LY91025005134694384005027

Bank Name: LIBYAN ISLAMIC BANK COMPANY JSC

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IBAN
LY91025005134694384005027Copy
Country CodeLY
Check Digits91
Bank Code0250
Branch Code051346
Account number4694384005027
Bank Name
LIBYAN ISLAMIC BANK COMPANY JSC
Branch Code
XXX
Bank Address
ABU-MELIANA STREET, NEXT TO AL
City
TRIPOLI
Province/State
TRIPOLI
Postal Code/Zip
CountryLIBYA
SWIFT CodeLYIBLYLTXXX

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FAQ

Which bank does the IBAN LY91025005134694384005027 correspond to?

The IBAN LY91025005134694384005027 belongs to the bank LIBYAN ISLAMIC BANK COMPANY JSC, and the bank identity can be further confirmed via the SWIFT/BIC code LYIBLYLTXXX, ensuring accurate fund transfer during international remittances.

What should you pay attention to when making a transfer using the IBAN LY91025005134694384005027?

When using IBAN LY91025005134694384005027 for a transfer, it is recommended to also provide the recipient's SWIFT/BIC code LYIBLYLTXXX, bank name LIBYAN ISLAMIC BANK COMPANY JSC, 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 LY91025005134694384005027 derived? What is its purpose?

The check digits are the second and third positions in LY91025005134694384005027, 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 LIBYAN ISLAMIC BANK COMPANY JSC), 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 LY91025005134694384005027, will the transfer still succeed?

If you make a mistake while entering the IBAN LY91025005134694384005027, 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 LIBYAN ISLAMIC BANK COMPANY JSC as soon as possible and provide the correct IBAN along with the corresponding SWIFT/BIC code LYIBLYLTXXX, in an attempt to intercept or recover the funds.
DisclaimerThe 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.