IBAN Structure Mongolia

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

Mongolia's IBAN has 20 characters in the format MNkk BBBB BBBB BBBB BBBB. After the country code MN and the check digits come a 4-digit bank code and the 12-digit account number. Mongolia is not a SEPA participant. The currency is the tögrög (MNT). For international payments, routing details, fees and timing depend on the banks, currency and route; check them in advance with your bank. Mongolia introduced the IBAN comparatively late; today Mongolian banks issue their customers an IBAN.

Structural fields are based on the official SWIFT IBAN Registry. The editorial method and validation boundary are documented on our German editorial page (German).

Overview

CountryMongolia (MN)
IBAN length20 characters
FormatMNkk BBBB BBBB BBBB BBBB

Visual breakdown

Fictitious format example, not payment data:

MN121234123456789123
Country codeCheck digitsBank codeAccount number

Character-by-character explanation

SegmentCharactersLengthExplanation
Country codeMN2MN for Mongolia (ISO 3166-1)
Check digits122Two check digits per MOD-97
Bank code123444-digit bank code
Account number1234567891231212-digit account number

Validate a Mongolia IBAN

Use the free IBAN Checker to verify any Mongolia IBAN — length, country format and the ISO 7064 MOD-97 check digit — entirely in your browser.

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Frequently asked questions

How do I check the length of an IBAN from Mongolia?
Remove spaces and count 20 characters. The first two characters are MN; the remaining positions follow MNkk BBBB BBBB BBBB BBBB. A different length is formally invalid for this country format.
What do the check digits in a Mongolia IBAN mean?
The two check digits are calculated from the complete IBAN using ISO 7064 MOD-97. They help detect format and transcription errors. A passing checksum does not confirm that an account exists or identify its account holder.
What should I do when an IBAN is formally invalid?
Check the country code, character count, letters and digits, and the check digits. Compare the entry with your bank records or ask the bank for the correct IBAN. This checker validates structure and checksum; it does not verify account ownership or payment approval.

IBAN structure for other countries