The term IBAN, which stands for International Bank Account Number, plays a crucial role in facilitating international payments to countries within the European Union, the Middle East, and other regions. However, it’s important to note that New Zealand banks, including ANZ, do not utilize the IBAN system.
Iban ANZ Bank
When sending money to an ANZ bank account in New Zealand, an IBAN is not required. Instead, ANZ employs the use of BSB (Bank-State-Branch) and account numbers for payment transactions. It is important to know the specific requirements for your international money transfers, depending on the destination country and its banking practices.