IBAN Converter

The IBAN has been introduced to standardize the identification of bank accounts. It is essential to understand the following points regarding IBAN:

• The IBAN is not a new account number but provides a unique number internationally, for each customer account, which allows the sending bank to validate the accuracy of beneficiary’s account number. Accordingly, any Electronic Payment containing a validated IBAN could be credited faster to the beneficiary’s account without any manual intervention. The adoption of IBAN does not require changing the existing account numbers. Instead, the IBAN will include the existing account numbers in a standardized format, which could be validated by banks using a standard methodology.
• Existing account numbers will be replaced with additional prefix and calculated checksum characters will appear in front of existing bank account numbers.
• The original bank account number, plus the additional characters, will be known as the IBAN.
• Implementing the IBAN system will help improve the quality of information exchanged between banks both within in the country and internationally.
• Its reliability and accuracy will reduce error and delays. The main benefit is that IBAN provides you with quicker processing of your funds transfer. Since banks are required to check the accuracy of the IBAN at the point of initiating a fund transfer, it can only make the funds transfer which carry the correct IBAN

• The existing account number will be converted to the IBAN number (which will contain the existing number) and it will show on all bank statements and on channels such as Internet banking, Mobile Banking,…
• To make a transfer to an account of another person or company, you will need to obtain their new IBAN number to be able to perform such a transfer
• If you need to receive funds from another person or company, you will need to communicate to the other party your new IBAN number

No. Your existing account number will continue to remain the same, however there will be new prefixes or suffixes introduced to your existing account number in order to convert it into International Bank Account Number (IBAN) format. With this change your IBAN number will be globally unique.

• Fund transfer within the country, i.e. domestic transfer, book transfer within QNB accounts in the country
• Fund transfer to an account in a country that has adopted IBAN
• Receiving a fund transfer from an account in the country
• Receiving a fund transfer from an account in a country that has adopted IBAN
• Receiving a fund transfer from an account in a country that has NOT adopted IBAN

You can check your new IBAN on your e-Statement and Internet Banking. Also you can generate your IBAN using the IBAN convertor tool available on our website (qnb.com/IBAN)

You can also obtain information by contacting your branch or contacting QNB Customer Care Centre on toll free number Tel +968 24725555.
 
The below is an example of how the new IBAN account number will look like:
Current Bank Account Number : xxxx xxxxxx xxx
New IBAN Account Number OMxx032xxx xxxx xxxxxx xxx
 Whereas:

• OM indicates the country code
• xx indicates the check number
• 032 indicates the bank code
• xxx xxxx xxxxxx xxx indicates the Core Customer Account Number

QNB is unable to provide IBAN for accounts held with other banks and advises you to approach the respective bank for assistance.

Yes. You should request that your remitter make fund transfers to your IBAN account number.

If both the debit and credit accounts are with QNB, it is un necessary to apply IBAN for the transfer.

Yes. Please ensure that you provide a valid IBAN at the time of initiating the payment instruction to ensure that your beneficiary gets the credit on time.

If you are sending funds to a country where IBAN is not implemented then you are not required to quote the IBAN number of the beneficiary. Additionally, it is the responsibility of the beneficiary to communicate their IBAN to you.