IBAN stands for "International Bank Account Number". Click here to find out how to download it.

This is an alphanumeric bank code which, in France, is made up of 27 characters. It serves as a unifying system for payments and collections between different countries.

The two initial letters refer to the code of the issuing country, followed by a two-digit control key and the classic account number.

It has been in use since 2014, when the SEPA law came into force. The aim is to regulate all euro transactions that take place within the free trade zone. This zone comprises the 27 EU countries plus Iceland, Switzerland, Norway, Andorra, the Vatican, San Marino, Monaco and Liechtenstein. The aim is to ensure that all euro transactions carried out in this zone are subject to the same criteria and conditions, both nationally and internationally.

In this respect, European regulation no. 260/2012 establishes that all payments in euros, sent and received within the SEPA zone, must be accepted without restrictions or additional charges.

If you would like more information on this subject, or if you've had problems with the IBAN acceptance of your Qonto account, please contact us!