If you are sending money to a Barclays account or are an existing customer, you may well have questions about making an international transfer using a Barclays IBAN number.
This article covers everything you need to know about Barclays IBANs.
We will explain, in simple terms, what a Barclays IBAN number is, and how you can use it.
What is a Barclays IBAN Number?
An IBAN, whether issued for your account with Barclays, or any other bank is a shortened name for International Bank Account Number. An IBAN always consists of certain parts: a country code, two check digits, and a bank account number.
Correctly identifying your own or your intended recipient’s IBAN number is of great importance when you need to make an international bank transfer from or to your Barclays bank account.
You can confirm a Barclays IBAN with our IBAN checker.
What Does a Barclays IBAN Look Like?
Seeing an example of a Barclays IBAN number will help you to ascertain that you are identifying the correct account number you need.
Here is an example of how your own unique Barclays IBAN number will look like.
GB29 BARC 2006 0549 6819 58.
‘GB’ represents the country code for the United Kingdom.
‘BARC’ is the letters that identifies Barclays as the bank account holder.
The remaining and unique digits refer to the specific account held by the sender or receiver of funds.
Why is an IBAN needed for an International Money Transfer?
If you are not familiar with transferring money internationally you may wonder exactly why a Barclays IBAN number is necessary.
Using the correct IBAN number ensures your international money transfer will reach your intended recipient with no errors or delays. The IBAN is the key bit of information needed.
The globally recognised and standard format reduces the chances of any errors and eliminates incorrect account details during the transfer process.
What is the difference between an IBAN and a Swift Code?
Many people are unsure as to what the differences are between an IBAN and a Swift Code, which is also known as a BIC code.
The information below goes through how they differ and what they are used for.
IBAN
A unique IBAN number easily identifies an individual bank account and defines the specific country in which that account is held.
Swift Code
Your Swift Code or Bank Identifier Code, identifies the specific bank you wish to send or receive from or to when making international money transactions.
