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LY95007055055010382098012

Bank Name: NORTH AFRICA BANK

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IBAN
LY95007055055010382098012Copy
Country CodeLY
Check Digits95
Bank Code0070
Branch Code550550
Account number5010382098012
Bank Name
NORTH AFRICA BANK
Branch Code
XXX
Bank Address
KHALED IBN-ELWALID ST AL-DAHARAH
City
TRIPOLI
Province/State
TRIPOLI
Postal Code/Zip
CountryLIBYA
SWIFT CodeNABLLYLXXXX

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FAQ

Which bank does the IBAN LY95007055055010382098012 correspond to?

The IBAN LY95007055055010382098012 belongs to the bank NORTH AFRICA BANK, and the bank identity can be further confirmed via the SWIFT/BIC code NABLLYLXXXX, ensuring accurate fund transfer during international remittances.

What should you pay attention to when making a transfer using the IBAN LY95007055055010382098012?

When using IBAN LY95007055055010382098012 for a transfer, it is recommended to also provide the recipient's SWIFT/BIC code NABLLYLXXXX, bank name NORTH AFRICA BANK, 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 LY95007055055010382098012 derived? What is its purpose?

The check digits are the second and third positions in LY95007055055010382098012, 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 NORTH AFRICA BANK), 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 LY95007055055010382098012, will the transfer still succeed?

If you make a mistake while entering the IBAN LY95007055055010382098012, 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 NORTH AFRICA BANK as soon as possible and provide the correct IBAN along with the corresponding SWIFT/BIC code NABLLYLXXXX, 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.