How to calculate the Openbank IBAN

He WERE GOING (International Bank Account Number) is a bank account number used for international transactions. Each country has its own format WERE GOING and it is important to calculate it correctly to avoid transfer errors. In this post, we will explain how to calculate the Openbank IBAN in Spain.

What is the IBAN and what is it used for?

He WERE GOING is an alphanumeric code that uniquely identifies a bank account in any country in the world. The goal of WERE GOING is to facilitate international transfers, since it allows the precise identification of the bank and the destination account of the transfer. In this way, errors and delays in transactions are avoided.

In Spain, the IBAN consists of 24 characters and is composed as follows:

• The first two characters correspond to the country code (ES for Spain).
• The next two correspond to control digit.
• The next four correspond to bank code (Openbank in our case).
• The next four correspond to branch code.
• The last ten correspond to the number of Bank account.

Calculate IBAN through the Openbank website

The easiest method to find your Openbank IBAN is by accessing the entity's website. To do this, follow the steps below:

1. Access the Openbank website and enter your access data.
2. Go to the "Accounts" section.
3. Select the account for which you need to know the IBAN.
4. In the account details section, you will find the IBAN.

Calculate IBAN manually

If you do not have access to the Openbank website or you simply prefer to calculate the IBAN manually, you can do so by following these steps:

1. Verify the full bank account number (20 digits).
2. Add the first two characters "ES" corresponding to the country code.
3. Adds the two check digits calculated according to the MOD 97-10 calculation algorithm. You can use an online tool to calculate them automatically.
4. Add the Openbank bank code (0073).
5. Add the branch code (XXXX, where XXXX are four digits that identify the branch).
6. Add the ten digits corresponding to the bank account number.

Remember that the full bank account number, including the check digits, must be a 24-character number. If your account number is less than 20 digits, you will need to fill in the missing characters with leading zeros.

Calculate IBAN automatically with calculator

You can also calculate your IBAN with your account number. It includes several parts:

1. The entity number: It is a number that identifies the bank or savings bank where the account is located. In some countries, this number is called a bank code or branch code.
2. The office number: It is a number that identifies the specific bank office where the account is located. In some countries, this number is called a branch code or agency code.
3. Check Digits (DC): They are two digits that are used to verify the validity of the account number. Check digits are calculated using a specific algorithm and can help detect errors when entering the account number.
4. The account number: It is a number that identifies the specific bank account. In some countries, this number is called a bank account number or bank identification number.

Each country has a specific IBAN format, so the length and content of the account number may vary by country.

Calculate IBAN Contact Openbank customer service

If you do not have access to a bank statement or you are not sure how to calculate the IBAN of your Openbank account, you can contact the entity's customer service for additional help.

In short, calculating the Openbank IBAN is easy and there are several ways to do it. You can access the entity's website to find out quickly and easily or if you prefer, calculate it yourself.

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