IBAN for Italy

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What is an IBAN Number in Italy?

An IBAN (International Bank Account Number) is a standardized system used by banks worldwide to ensure the accuracy and efficiency of international money transfers. In Italy, the IBAN number is required for cross-border transactions and serves as a unique identifier for a Slovak bank account.

The Italy IBAN consists of 27 characters, which include both letters and numbers. It starts with the country code 'IT'
Iban italy 5464b0e673

IBAN Format

What is the IBAN code format for Italy?

IBAN in Italy consist of 27 characters:
  • 2 letter country code
  • 2 digit check number
  • 1 character national check digit
  • 5 digit bank code
  • 5 digit branch code
  • 12 digit bank account number Example: IT60 X054 2811 1010 0000 0123 456
Iban format italy 183621ef22

Italy IBAN structure

IT60 X054 2811 1010 0000 0123 456
  • 1
    Country Code (2 letters)

    The first two characters of the IBAN represent the country where the bank account is located. For example, 'IT' for Italy.

  • 2
    Check Digits (2 numbers)

    The next two digits are check numbers used for error-checking purposes. For example, '60' in the IBAN for Italy. They help ensure the accuracy of the IBAN during the transaction process.

  • 3
    National Check Digit (1 character)

    In Italy, the next character represents the national check digit, such as 'X', which is used for validation purposes.

  • 4
    Bank Code (5 digits)

    The next 5 digits represent the specific bank code in Italy, such as '05428', uniquely identifying the financial institution.

  • 5
    Branch Code (5 digits)

    The next 5 digits indicate the branch code within the bank. For example, '11101' in the Italian IBAN.

  • 6
    Bank Account Number (12 digits)

    The next 12 digits of the IBAN in Italy represent the individual bank account number within the identified branch, such as '000000123456'.

Do we need IBAN for Italy ?

Yes, you’ll need an IBAN (International Bank Account Number) if you want to send or receive international money transfers while in Italy. A standard bank account number alone won’t be enough for cross-border transactions. The IBAN is essentially your bank account number with additional details to ensure that international transactions are processed securely and smoothly. All banks in Italy will automatically provide an IBAN when you open an account.

IBAN Examples by country

Country name
SEPA
Length
IBAN Examples
BE
Belgium
Yes
16
BE68539007547034
CH
Switzerland
Yes
21
CH9300762011623852957
DE
Germany
Yes
22
DE89370400440532013000
EE
Estonia
Yes
20
EE382200221020145685
ES
Spain
Yes
24
ES9121000418450200051332
FI
Finland
Yes
18
FI2112345600000785
FR
France
Yes
27
FR1420041010050500013M02606
GB
United Kingdom
Yes
22
GB29NWBK60161331926819
HU
Hungary
Yes
28
HU42117730161111101800000000
IE
Ireland
Yes
22
IE29AIBK93115212345678

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