Clave interbancaria in english

clave interbancaria in english

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It is an acronym that stands for "Clave Bancaria Estandarizada", which translates to "Standardized Banking Code" in English. The CLABE Number is a unique. The IBAN is a series of alphanumeric characters which uniquely identify an account held at a bank. It can be up to 34 characters long and contains a. It is an digit standardized number that identifies the branch or part of their organization where a bank account is held and the account number itself.
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It is commonly used for electronic fund transfers, bill payments, direct deposits, and other types of financial transactions. In Mexico, banking institutions are identified by a three-digit number assigned by the ABM. A bank can have several Branches in a city, therefore the number of the Branch is included in the next, eleven digit section for the checking account number.