IBAN in Costa Rica

To make an IBAN, banks combine local account details into one string of characters. This means you can calculate an IBAN using these account details.

What is the IBAN format in Costa Rica ?

An IBAN (International Bank Account Number) is an internationally-agreed code made up of up to 34 letters and numbers that helps banks make sure that international transfers are processed correctly.

Each set of characters represents a different detail for your bank account. You can see the breakdown of this IBAN below.

What is the IBAN code in Costa Rica?

IBAN in Costa Rica consists of 22 characters:

  • 2 letter country code
  • 2 digit check number
  • 1 digit code for reserved character
  • 3 characters from the bank's bank code
  • 14 digit code for the bank account number

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IBAN example in Costa Rica CR05015202001026284066
IBAN in print format CR05 0152 0200 1026 2840 66
Country code CR
Check digits 05
Reserved character 0
Bank code 152
Bank account number 02001026284066

Do you need an IBAN in Costa Rica?

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Costa Rica, then just a standard bank account number isn’t enough. If you want your money to arrive quickly and safely, you’ll usually need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly.

IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

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Compare prices for sending money abroad

Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.

Wise never hides fees in the exchange rate. We give you the mid-market rate. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself.

Sending 1,000.00 GBP withRecipient gets(Total after fees)Transfer feeExchange rate(1 GBP CRC)
WiseCheapest605,830.21 CRCSave up to 11,681.48 CRC18.87 GBP617.482
Western Union594,148.73 CRC- 11,681.48 CRC2.49 GBP595.632

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