Who will be required to use IBANs?
Any individual, company bank or other institution, sending payments to EEA or EAU countries will be expected to quote the IBAN of the beneficiary in the payment instructions. If you are making payments into Europe you should ensure that you receive from your beneficiary their IBAN and quote this in the account number field of your payment instructions to us.
Any individual, company, bank or other institution, sending payments to the above countries in Europe, will be expected to quote the IBAN of the beneficiary in all euro payment instructions. Receivers of payments in the above countries in Europe should supply their IBAN to those making the payment. If you are making euro payments into Europe you should ensure that you receive from your customers their IBAN and quote this in the account number field of your payment instructions to us. The IBAN may be contained on their invoice, or you may request it separately. If you hold an account with Wachovia’s London branch, we will already have assigned an IBAN for each account. If you do not already know it, you may contact us and we will supply the IBAN to you. If you hold accounts with other banks in Europe, you can obtain your IBAN from them, and advise your remitters accordingly. If you are a financial institution with a SWIFT Bank Identifier Code (BIC) anyone remitting to you may simply quo
