Glossary

Local IBAN

An IBAN whose country code matches the customer's market (DE for Germany, FR for France) - the practical answer to IBAN discrimination.

SEPA law says any EEA IBAN must be accepted, but employers, landlords and billers still reject "foreign" codes daily - IBAN discrimination. The fix is a provider that can issue IBANs with the local country code in each of your markets.

Few directories track this; Fintechnologica records the exact country codes each IBAN sponsor can issue and lets you filter by them - one of the four data points this catalogue was built around.

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Related terms

IBAN sponsor · A2A (account-to-account) payments

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