On my NatWest bank statement I have noticed the following codes (I have two accounts).
BIC NWBK GB 2L IBAN GB26 NWBK sort code account number
and
BIC NWBK GB 2L IBAN GB20 NWBK sort code account number
Obviously NWBK is NatWest and GB is obvious too, but what is BIC, IBAN, GB
20/26 and 2LAnd why is there a difference in the GB numbers when both of my accounts are at the same branch?
Can anyone decipher what all this means? Thanks.
IBAN : International Bank Account Number
BIC : Bank Identification Code
From experience, IBAN is *very* useful for payments to/from EU countries.
Sertav
BIC = Bank Identifier Code IBAN = International Bank Account Number
20/26 = These 2 digits in the IBAN are check digits. They're different because the account numbers are differents. 2L = no idea Further details from the European Committee for Banking StandardsBeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.