IBAN in Cyprus

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 Cyprus ?

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 Cyprus?

IBAN in Cyprus consists of 28 characters:

2 letter country code
2 digit check number
3 characters from the bank's bank code
5 digit code for the bank branch
16 digit code for the bank account number

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IBAN example in Cyprus	CY17002001280000001200527600
IBAN in print format	CY17 0020 0128 0000 0012 0052 7600
Country code	CY
Check digits	17
Bank code	002
Branch code	00128
Bank account number	0000001200527600

Do you need an IBAN in Cyprus?

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Cyprus, 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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