since 05.08.2019 year new accounts to clients of PRAVEX BANK will open according to the international Bank account number IBAN in accordance with the requirements of the standard ISO 13616.
In the period 05.08.2019 to 31.10.2019 customers in the documents on the transfer of funds in national or foreign currency can fill in the details “Bank Code” and “Account” in any variations, that is, to fill in a few details (the account number of the payer/recipient and the Bank code of the payer/recipient), and the account number of the payer/recipient according to the standard IBAN.
the Current customer account numbers 05.08.2019 to 31.10.2019 Bank is free to change in accordance with the requirements of the standard IBAN while maintaining the current numbers of analytical accounting. Account numbers (for sole traders and legal persons) in the format (IBAN) will be sent to the DFS 01.11.2019.
Starting with 01.11.2019 application IBAN will become mandatory for all Bank customers in the implementation of money transfers both in national and foreign currencies, including cross-border transfers. That is, all transfers are carried out by only using the IBAN.
the Changes apply only to the Bank account number. All payment cards issued by the Bank to the customer's account remain in effect.
Conclusion new contracts or renewal of customer accounts is not necessary.
More about IBAN