Get to know your bank account
You’ve finally opened your bank account, you deposited money into it, you’re getting your finances in order, and you’re learning and mastering how to track your overall finances in a way that suits you best.
One day, someone asks you for your IBAN number and you suddenly feel like you’ve hit a brick wall, with yet another banking term. Well, what are these banking terms and how can you find them?
Don’t worry, this is actually easier than you think. We’ll go through them together so you can master the banking basics and very soon, this will all be second nature to you.
What is a bank account and IBAN number?
IBAN stands for International Bank Account Number. Your bank account comes with its own IBAN and account number that helps identify you. Generally speaking, each account you open, whether it’s a current, savings, or salary account, comes with its own special identification number. This is an international system used by banks to help them ensure that they are processing, transferring, and making payments correctly.
Your Jordanian IBAN begins with a two letter country code, followed by a mix of 28 letters and digits. For example, your Jordanian bank account/IBAN would start with Jordan’s country code, JO and the remaining digits are your account number.
However, every bank worldwide has a different number of digits when it comes to an IBAN number. In Jordan, it’s usually 30 digits
How to find your bank account number/IBAN?
You can find your account number on your mobile banking app. As a Bank al Etihad customer, you can simply open your app, tap on the account you want from the home screen, and then tap on account information.
You also have an option to share these details safely with beneficiaries by copying the details or sharing them instantly from the app to any social platform of your choice (WhatsApp, text message, and email).
What are the numbers on your debit and credit card?
Tُhe 16-digit number on the front of your card is the card’s unique number. The first six digits on your card are the Issuer Identification Number (IIN). This identifies the institution that issued the card (an example here is Visa or MasterCard). The remaining digits are issued by your bank.
When you shop online, you’ll be asked to provide your bank card numbers along with your CVV that is found at the back of your card. The CVV is a three or four-digit security number that helps protect you from any fraud, theft, or unauthorized transactions. No one can use your card or make any transactions on your behalf without this number.
How to protect your card details?
You may or may not have been asked before to share your card details with a close friend or family member, either over the phone or by sharing a picture through a social media platform. While this is faster and more convenient for you to do, the obvious tip here is to NEVER share your details online.
The internet is full of fraudsters and hackers looking for ways to access your details or steal your identity. The only way to protect yourself is to avoid these situations at all times.
Tips when sharing your bank details
You’re usually asked to provide your IBAN and SWIFT code with your beneficiaries, if you’re expecting to receive an international money transfer to your account in Jordan. This is to ensure that you receive your money both safely and quickly.
While banks always ensure that your money is safe and that payments don’t get into the wrong hands through IBAN and SWIFT codes, you should always make sure you’re not sharing your bank details (such as your personal details, passwords, address, and birthday) with whoever you’re working with. Many scammers and fraudsters go so far as to gain your trust in order to get these extra details, so make sure not to fall for their tricks.
If you ever feel you’ve fallen victim to fraudsters, freeze your cards through the app and call your bank as soon as possible.
