Virgin Islander IBAN Format & IBAN Structure Example

IBAN Checker | IBAN Calculator | IBAN Country List | IBAN FAQ

The Virgin Islands IBAN format consists of a two-letter country code, two check digits and a Basic Bank Account Number (BBAN). The BBAN includes information about the domestic bank and account number. Below you'll find examples for Virgin Islander IBAN numbers, format, structure, bank account breakdown, and the Virgin Islands IBAN technical specification.

IBAN example in Virgin Islands

Standard IBANVG96VPVG0000012345678901
IBAN print formatVG96 VPVG 0000 0123 4567 8901
Country codeVG
Checksum digits96
Bank codeVPVG
Account number0000012345678901
Already have an IBAN code?Check IBAN

IBAN structure in Virgin Islands

A Virgin Islander IBAN consists of 24 alpha-numeric characters:

  • 2 letter country code
  • 2 digit checksum number
  • 4 characters from the bank's SWIFT / BIC or bank identification number
  • 16 digit code for the bank account number

Virgin Islander IBAN codes contain all the country, bank, and account details required to send or receive money internationally.

Virgin Islander banks assign IBAN codes to each individual account to make sure that international transfers are processed correctly.

IBAN codes are used throughout Europe, and also accepted in some areas of the Middle East, North Africa and the Caribbean.

Cheaper and faster IBAN payments with Wise

When you send or receive an international wire with your bank, you might lose money on a bad exchange rate, which is like a hidden fee. That’s because the banks still use an old system to exchange money. We recommend you use Wise, which is usually much cheaper. Wise’s smart technology:

  • Gives you a great exchange rate and a low, upfront fee every time.
  • Moves your money as fast as the banks, and often faster – some currencies go through in minutes.
  • Protects and safeguards your money with advanced security measures & 24/7 available support.
  • Hold and send to 40+ currencies, spend in 150+ countries.
  • Whether you're getting paid by businesses or clients abroad, or simply receiving money from friends or family, with the Wise Multi-currency Account you can get instant international bank details to receive money in 8+ currencies with local account details.
  • Excellent star rating with more than 250,000 reviews on TrustPilot.
Receive Money
Send Money

Virgin Islander IBAN Technical Specification

Data ElementDescription - Pattern - Example
Name of countryVirgin Islands
IBAN prefix country code (ISO 3166)VG
Country code includes other countries/territoriesN/A
SEPA countryNo
SEPA country also includesN/A
Domestic account number example00000 12 345 678 901
BBAN
BBAN structure4!a16!n
BBAN length20
Bank identifier position within the BBAN1-4
BBAN exampleVPVG0000012345678901
IBAN
IBAN structureVG2!n4!a16!n
IBAN length24
Effective dateApr-12
IBAN electronic format exampleVG96VPVG0000012345678901
IBAN print format exampleVG96 VPVG 0000 0123 4567 8901
Contact Details
OrganisationVP Bank House
Street Address156 Mainstreet
City / PostcodeVG1110 Road Town Tortola
Central Bank Websitehttps://www.bvifsc.vg/
Updates
Last update dateJun-14

IBAN specification conventions

Character representations:
  • n - Digits (numeric characters 0 to 9 only)
  • a - Upper case letters (alphabetic characters A-Z only)
  • c - Upper and lower case alphanumeric characters (A-Z, a-z and 0-9)
  • e - Blank space
Length indications:
  • nn! - Fixed length
  • nn - Maximum length
Wise Send Money

Send money abroad with no hidden fees

Wise is the cheaper, faster and easier way to get the best possible exchange rate. Join over 16 million people who save when they send money with Wise.

Start saving with Wise

ISO 13616-compliant national Virgin Islander IBAN breakdown

IBAN (print format)VG96 VPVG 0000 0123 4567 8901
IBAN (electronic format)VG96VPVG0000012345678901
ISO Country CodeVG (Virgin Islands)
IBAN CheckSum Digits96
IBAN Length24
BBANVPVG0000012345678901
BBAN Length20
Bank IdentifierVPVG
Account Number0000012345678901
SEPA MemberNo
CurrencyUSD ([D])
Organization NameVP Bank House

Terms and definitions

IBAN: stands for International Bank Account Number: The expanded version of the basic bank account number (BBAN), intended for use internationally. The IBAN uniquely identifies an individual account, at a specific financial institution, in a particular country and generally has a lenght of up to 34 alphanumeric characters. It is the ISO 13616 international standard for numbering bank accounts.

IBAN Structure: The IBAN structure is defined in ISO 13616-1 and consists of a two-letter ISO 3166-1 country code, followed by two check digits and up to thirty alphanumeric characters for a BBAN (Basic Bank Account Number) which has a fixed length per country and, included within it, a bank identifier with a fixed position and a fixed length per country. The check digits are calculated based on the scheme defined in ISO/IEC 7064 (MOD97-10).

Bank identifier: The identifier that uniquely identifies the financial institution and, when appropriate, the branch of that financial institution servicing an account. The branch identifier format is shown specifically, where present.

BBAN: basic bank account number: The identifier that uniquely identifies an individual account, at a specific financial institution, in a particular country. The BBAN includes a bank identifier of the financial institution servicing that account.

Checksum: The check digits enable validation of the bank account number at source to confirm its integrity before submitting a transaction.

Print format: The IBAN print format adds one space after every four characters whereas the electronic format contains no spaces.