Banking
IBAN
Also known as International Bank Account Number
An IBAN, or International Bank Account Number, is a standardised format identifying a bank account internationally, used across Europe and many other regions. The United States does not use IBANs, relying on routing and account numbers instead.
In plain terms: The international account format used almost everywhere except the US.
Why it matters
A recurring friction for founders billing European clients from a US entity: the client's system expects an IBAN and the US account has none. Multi-currency providers that supply local account details in several regions are the usual workaround.
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