IBAN Generator
- An IBAN is not a new account number.
- Your listed account numbers will not change.
- An IBAN includes additional letters and numbers next to your account number to make it unique on an international level.
Receiving Transfers:
In the case of receiving transfers to your account, whether from within the Palestine or not, you must always provide your private IBAN to the remitter.
Sending Transfers:
- To send transfers from your account, you must request that the beneficiary provide you with his/her private IBAN, if available.
- If you use any electronic payment channel, it is recommended that you use the IBAN Checker to confirm the accuracy of the beneficiary’s IBAN when issuing a money transfer.
It is preferable to use money transfer rather than cheques for the following reasons:
- Speed
- Confidence
- Security
- Protection against forgery