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IBAN Structure British Virgin Islands

Last reviewed: · Source: ISO 13616 / SWIFT IBAN Registry

The British Virgin Islands' IBAN has 24 characters in the format VGkk BBBB CCCC CCCC CCCC CCCC. After the country code VG and the check digits come a 4-letter bank code and the 16-digit account number. The British Virgin Islands are not a SEPA participant. The official currency is the US dollar (USD). Transfers from the euro area run over classic SWIFT — a BIC is required, and despite the dollar currency, FX margins on euro amounts and longer settlement times can apply. The 4-letter bank code matches the first four characters of the account-holding bank's BIC.

Overview

CountryBritish Virgin Islands (VG)
IBAN length24 characters
FormatVGkk BBBB CCCC CCCC CCCC CCCC
Example IBANVG96 VPVG 0000 0123 4567 8901

Visual breakdown

Example IBAN:

VG96VPVG0000012345678901
Country codeCheck digitsBank codeAccount number

Character-by-character explanation

SegmentCharactersLengthExplanation
Country codeVG2VG for the British Virgin Islands (ISO 3166-1)
Check digits962Two check digits per MOD-97
Bank codeVPVG44-letter bank code
Account number00000123456789011616-digit account number

Example IBAN for British Virgin Islands

The IBAN below illustrates the format for British Virgin Islands. It is fictitious and shown for illustration only.

VG96 VPVG 0000 0123 4567 8901

24 characters · Format VGkk BBBB CCCC CCCC CCCC CCCC

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Frequently asked questions

How many characters does an IBAN in British Virgin Islands have?
An IBAN in British Virgin Islands has exactly 24 characters. It consists of the country code VG, two check digits and the national account number (BBAN) with 20 characters.
How is a British Virgin Islands IBAN structured?
The IBAN in British Virgin Islands follows the format VGkk BBBB CCCC CCCC CCCC CCCC. VG is the country code, the following two digits are the check digits, and the remaining characters encode the bank and account details. Example: VG96 VPVG 0000 0123 4567 8901.
What happens if I enter a wrong IBAN for British Virgin Islands?
Thanks to the built-in check digits (MOD-97, ISO 7064), most typos in an IBAN are detected automatically. The bank rejects a malformed IBAN and the transfer is not executed. Always check an IBAN carefully against your records before you send a payment.

IBAN structure for other countries

Germany

22 characters · DEkk BBBB BBBB CCCC CCCC CC

Austria

20 characters · ATkk BBBB BCCC CCCC CCCC

Switzerland

21 characters · CHkk BBBB BCCC CCCC CCCC C

Liechtenstein

21 characters · LIkk BBBB BCCC CCCC CCCC C

France

27 characters · FRkk BBBB BGGG GGCC CCCC CCCC CKK

Spain

24 characters · ESkk BBBB GGGG KKCC CCCC CCCC

Italy

27 characters · ITkk XBBB BBGG GGGC CCCC CCCC CCC

Portugal

25 characters · PTkk BBBB SSSS CCCC CCCC CCCK K