- The State Bank of Pakistan (SBP) has decided to introduce and implement International
Bank Account Number (IBAN) number in Pakistan.
- IBAN is an international standard for structuring account numbers. It is globally
used in transaction processing especially in cross border remittances.
- The IBAN will be operationally used
both for international and domestic financial
transactions post 30th June, 2013.
- Please ensure to advise your IBAN to your Counter Parties abroad for timely remittance
- Use the IBAN Calculator in order to find your IBAN number.
- Use the IBAN Validator to verify your IBAN number.
In compliance with Central Bank Circular ‘PSD Cir Let No 2 of 2012 IBAN Implementation
Guidelines’, we are pleased to inform you that
Standard Chartered Bank has successfully applied
the International Bank Account Number (IBAN) to
all your Standard Chartered Bank accounts.
International Bank Account Number (IBAN) is an
international standard for identifying bank
accounts (excluding credit cards). The main
purpose of IBAN is to facilitate the automatic
processing of money transfers, to improve the
speed and accuracy of your payment
The Central Bank regulation for transactional use of IBAN takes effect on 1st July,
2013, whereby all banks in Pakistan are
required to accept and process payment
instructions with IBAN. Consequently, you will be
required to provide an IBAN for all instructions
for value date on or after 1st July, 2013 when
making payment from or receiving payments to your
All SCB customers are requested to ensure that the IBAN for their
account is communicated to all parties from whom a remittance or funds transfer to your account is expected.
For more information on IBAN:
- If you have any questions or require further information
please call our 24 hour phone banking centre at 111-002-002, visit
www.standardchartered.com.pk or contact your Relationship Manager
Thank you for banking with Standard Chartered Bank (Pakistan) Limited.