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IBAN Structure Libya

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

Libya's IBAN has 25 characters in the format LYkk BBBB BBBB BBBB BBBB BBBB B. After the country code LY and the check digits come a 3-digit bank code, a 3-digit branch code and the 15-digit account number. Libya is not a SEPA participant. The currency is the Libyan dinar (LYD). Transfers from the euro area to Libya run over classic SWIFT; a BIC is required, and FX margins and longer settlement times can apply. Payments to Libya are subject to heightened compliance checks at banks — expect additional queries and longer processing times.

Overview

CountryLibya (LY)
IBAN length25 characters
FormatLYkk BBBB BBBB BBBB BBBB BBBB B
Example IBANLY83 0020 4800 0020 1001 2036 1

Visual breakdown

Example IBAN:

LY83002048000020100120361
Country codeCheck digitsBank codeBranch codeAccount number

Character-by-character explanation

SegmentCharactersLengthExplanation
Country codeLY2LY for Libya (ISO 3166-1)
Check digits832Two check digits per MOD-97
Bank code00233-digit bank code
Branch code04833-digit branch code
Account number0000201001203611515-digit account number

Example IBAN for Libya

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

LY83 0020 4800 0020 1001 2036 1

25 characters · Format LYkk BBBB BBBB BBBB BBBB BBBB B

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Frequently asked questions

How many characters does an IBAN in Libya have?
An IBAN in Libya has exactly 25 characters. It consists of the country code LY, two check digits and the national account number (BBAN) with 21 characters.
How is a Libya IBAN structured?
The IBAN in Libya follows the format LYkk BBBB BBBB BBBB BBBB BBBB B. LY is the country code, the following two digits are the check digits, and the remaining characters encode the bank and account details. Example: LY83 0020 4800 0020 1001 2036 1.
What happens if I enter a wrong IBAN for Libya?
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