Before the IBAN was established in 1997, it wasn’t unusual for an international bank transfer to end up in the wrong bank account, the wrong bank, or even the wrong country.

Oman will require IBANs for all domestic bank transfers, following earlier implementation for international transfers in ...

It’s official: as of July 1, 2025, Oman has made it mandatory to use IBAN for all local bank transfers. Whether you're sending money within Oman or abroad, you'll now need your beneficiary's IBAN to ...

05 February 2014 Doha, Qatar: Commercial Bank is now applying the International Bank Account Number (IBAN), a global standard protocol for identifying bank accounts.Commercial Bank's adoption of the ...

Manama, Bahrain: Bahraini retail and commercial banking institution, BMI Bank today announced that it had implemented the International Bank Account Number (IBAN) standards to increase the efficiency ...

The IBAN was made mandatory for international transfers on March 31, 2024. According to the Central Bank of Oman, this initiative has significantly improved transaction accuracy, reduced errors ...

Setting up an IBAN only takes a few seconds. You have to tap on the top up button, then on bank transfer. If you select your Euro balance, you can get your new IBAN.