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Blog from the Dominican Republic,
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Caribbean Travel Blog
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IBAN format of bank account numbers announced 
New format of bank account numbers has been announced today in the Dominican Republic. The country banks will have to follow an international IBAN
(International Bank Account Number) standard.
The law of Nov. 18th, 2010 establishes that all banks will have to complete the transition by April 1st, 2011. The foreigners, especially Europeans who live in the Dom Rep, welcome the decision which will make both on-line and traditional money transfers simpler. The IBAN numer will have up to 34 positions under the following structure: New format:
Please note: spaces are not used in on-line transactions
DO VV EEEE NNNN NNNN NNNN NNNN NNNN NNNN NN DO country code VV check digits EEEE BIC (bank identifier by ISO-9362) NNNN ... account number, up to 26 digits (The photo above shows the plastic banknote of 20 pesos introduced back in 2010) 2010-12-27 00:00 |
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2012-04-10 20:12
Please note: sunglasses must be taken off, when entering a Dominican bank. |
| Mashup of News and Pictures Searching Google on... iban dominican republic bank account No news today |
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