Understanding IBAN and CVC/CVV Codes Understanding IBAN and CVC/CVV Codes

Understanding IBAN and CVC/CVV Codes

    IBAN stands for International Bank Account Number. It is a standardized international format used to identify your personal bank account for international transactions.

    Example IBANs:

    • Latvia (LV): LV80 BANK 0000 4351 9500 1

    • Lithuania (LT): LT80 3250 0000 4351 9500 1

    • Estonia (EE) EE471000001020145685

    Your IBAN typically includes:

    • Country code (e.g., LV or LT)

    • Two check digits

    • Your specific bank and account number

    You can find your IBAN in your online banking profile or on your bank statement.


    What is a CVC / CVV Code?

    The CVC (Card Verification Code) or CVV (Card Verification Value) is a 3-digit security number printed on the back of your credit or debit card.

    Where to find it:

    • Typically located on the signature strip on the reverse side of the card.

    • Used to verify that the card is in your possession during online transactions.

    Note: Never share your CVC/CVV code publicly or with untrusted parties.

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