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IBAN Structure Latvia

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

Latvia's IBAN has 21 characters in the format LVkk BBBB CCCC CCCC CCCC C. After the country code LV and the check digits come a 4-letter bank code and the 13-character account number. The letter bank code matches the first four characters of the account-holding bank's BIC. Latvia has been in the euro area since 2014 and is fully SEPA-integrated. Transfers to Latvia therefore need only the IBAN, no BIC, and settle at the ordinary SEPA rate — the same conditions as a domestic payment. No extra foreign fees arise for euro payments.

Overview

CountryLatvia (LV)
IBAN length21 characters
FormatLVkk BBBB CCCC CCCC CCCC C
Example IBANLV80 BANK 0000 4351 9500 1

Visual breakdown

Example IBAN:

LV80BANK0000435195001
Country codeCheck digitsBank codeAccount number

Character-by-character explanation

SegmentCharactersLengthExplanation
Country codeLV2LV for Latvia (ISO 3166-1)
Check digits802Two check digits per MOD-97
Bank codeBANK44-letter bank code
Account number00004351950011313-character alphanumeric account number

Example IBAN for Latvia

The IBAN below illustrates the format for Latvia. It is fictitious and shown for illustration only.

LV80 BANK 0000 4351 9500 1

21 characters · Format LVkk BBBB CCCC CCCC CCCC C

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Frequently asked questions

How many characters does an IBAN in Latvia have?
An IBAN in Latvia has exactly 21 characters. It consists of the country code LV, two check digits and the national account number (BBAN) with 17 characters.
How is a Latvia IBAN structured?
The IBAN in Latvia follows the format LVkk BBBB CCCC CCCC CCCC C. LV is the country code, the following two digits are the check digits, and the remaining characters encode the bank and account details. Example: LV80 BANK 0000 4351 9500 1.
What happens if I enter a wrong IBAN for Latvia?
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