You are here

IBAN is mandatory from Sunday in Jordan to process money transfer orders

By Petra - Feb 01,2014 - Last updated at Feb 01,2014

AMMAN — The Central Bank of Jordan (CBJ) on Saturday announced that the use of the International Banking Account Number (IBAN) is mandatory, effective Sunday, February 2, 2014, as part of the information that accompanies all forms of money transfers. Money transfer orders that do not carry an IBAN will not be accepted, the bank said, urging all holders of banking accounts, including individuals and institutions to acquire an IBAN from the banks where they have their accounts to ensure that their banking money transfer transactions are completed without any delays.  

up
138 users have voted.

Opinion

Editorial

Thursday 18 October 2018

Newsletter

Get top stories and blog posts emailed to you each day.