The TransBank has started using IBAN account numbers starting from 2025.04.01.
Commercial banks operating throughout Mongolia are switching to the IBAN account numbering system in accordance with international standards. This change aims to increase the security, speed and reliability of transactions.
What is an IBAN account number?
The International Bank Account Number (IBAN) is a 20-character account number that includes key details such as the customer’s bank, country, and bank account number. By using the IBAN number, international transactions and payments can be executed securely.
Account number: MN81 0019 009000012345
- MN – Country code
- 81 – Check digit code
- 0019 – Bank identifier code /BIC/
- 009000012345 – Account number
We are providing instructions to our customers on how to successfully make transactions using IBAN numbers through the Internet banking of the TransBank.