IBAN - The International Bank Account Number

Effective 1st January 2011 incoming and outgoing transfers from Al Rajhi Bank will require an International Bank Account Number-IBAN. The new internationally recognized bank account format guarantees faster, error-free fund transfers.

  • What is an International Banking Account Number (IBAN)?
    What is an International Banking Account Number (IBAN)?
    IBAN is a new account structure that includes the existing account number with additional information to its left, indicating the country code, the bank code for the bank account holder, check digits and additional leading zeros.
    Why is IBAN required?
    IBAN will make your account internationally recognizable and will facilitate the communication and processing of cross-border transactions. It will make your local and international transfers easier, faster and safer.
    How do I obtain my IBAN?
    If you are an Al Rajhi Bank customer all you need to do is access the website on www.alrajhibank.com.kw and log on to your Mubasher Online Account or call our customer service on 24954333 ( then press 2 ).
    You are also welcome to visit our branch and we will be delighted to assist you in obtaining your IBAN information.
    Will IBAN be required in all my local and international transfer?
    IBAN will be requested on all transfers between banks operating in the State of Kuwait. It will also be required on all transfers received from banks outside the State of Kuwait to all banks operating in the State of Kuwait.
    International transfers from the banks in the State of Kuwait to banks outside the State of Kuwait will only be required if those countries are applying the IBAN system. Currently, it will only be applied to payments made to Lebanon, KSA and Europe.
    Where do I input the IBAN information of the beneficiary I am making a payment to?
    The IBAN details of the beneficiary must be quoted on your transfer request either through Mubasher Online Banking or the branch i.e. it should be entered in the beneficiary account number or IBAN field when entering beneficiary details.
    What will happen if I do not insert the IBAN information of the beneficiary I am making payment to?
    The payment made may be rejected, delayed or incur extra charges if IBAN information is not provided. You should be aware that the beneficiary's bank can reject your payment if you don’t use an IBAN.