Bank Identification Number (“BIN”) or Issuer identification number (“IIN”) is the first six digits of a bank card number or payment cards number and it is part of ISO/IEC 7812.

November 16, 2025 - A bank identification number (BIN) identifies card issuers, aiding in transaction approval and fraud detection, essential for smooth, secure card payments.

October 28, 2025 - Cardholders should be cautious of BIN scamming, a tactic fraudsters use to steal credit card information. Bank Identification Numbers (BINs) are the first few digits on a payment card. They are crucial in identifying the issuing bank and ensuring ...

These digits, known as the BIN or Issuer Identification Number (IIN), are a unique identifier for the financial institution that issued the card.

bank i - dent - i - fi - ca - tion num - ber noun The bank identification number (BIN) is the initial set of six (6) to eight (8) digits that appear on a payment card, such as a credit card, debit card, or prepaid card. The BIN identifies the card network associated with the payment card, such ...

Bank Identification Numbers (BINs) comprise the first 6 to 11 digits of a payment card number. These digits identify the issuing bank or financial institution, along with a range of other attributes. BIN data are essential for verifying card validity, preventing fraudulent activity, and optimizing ...

The first 6 or 8 digits of a payment card number (credit cards, debit cards, etc.) are known as the Issuer Identification Numbers (IIN), previously known as Bank Identification Number (BIN).

The first 6 digits of a credit card number are known as the Issuer Identification Number (IIN), previously known as bank identification number (BIN). These identify the institution that issued the card to the card holder. Online merchants use bin list to help validate credit card transactions.

The long number on the front of a payment card isn’t just a random sequence, and the first six to eight digits are perhaps the most important of all. Known as the BIN, these digits give merchants essential information, like the card issuer and type, helping them process payments faster and fight fraud.

Shared vs. Dedicated BINs ... A Bank Identification Number is a proprietary sequence of numbers used on payment cards to signal to other participants in the payment system which bank has issued a card.

November 27, 2025 - Payment card numbers are composed of 8 to 19 digits, The leading six or eight digits are the issuer identification number (IIN) sometimes referred to as the bank identification number (BIN). The remaining numbers, except the last digit, are the individual account identification number.

NOTE: The phrase ‘bank identification number’ was originally coined because most payment cards were issued by banks. But these days, an increasing number of payment cards are being issued by non-bank entities.

A bank identification number (BIN) is a 4 – 8 digit number on a payment card that identifies the issuing bank or institution. It’s a useful tool for merchants to prevent fraud. Keep reading to learn more.

January 16, 2025 - A Card Issuing BIN is the aforementioned first six to eight digits of a credit card that identifies the grouping of cards issued by the bank. This article is focused exclusively on the Card Issuing BIN. A Bank Identification Number (BIN) provides ...

The Issuer identification number (IIN), Bank Identification Number (BIN) also known as the credit card bin number are different names ofthe same thing. It is a unique numeric identifier that is used to identify general characteristics about bank cards in the payments industry.

Broker Identification Number (BIN) DTCC’s Insurance & Retirement Services (I&RS) offers a suite of streamlined processing · and compliancedriven solutions for carriers and their distribution partners through a secure, centralized infrastructure. OVERVIEW · As an In-Force Transaction (IFT), ...

A BIC is a code of eight to eleven ... global business transaction. By contrast, a BIN identifies specific institutions involved in the distribution and use of payment cards....

The bank identification number is a numbering system developed by the American National Standards Institute and the International Organization for Standardization (ISO) to identify institutions that issue bank cards.

October 23, 2025 - The bank identification number is the first six to eight digits of the primary account number (PAN). This tells merchants where the card was issued. Additionally, it can reveal a few other important details.

July 31, 2025 - As mentioned earlier, the BIN is the first six digits of a debit or credit card number, and it plays a crucial role in the payment processing industry. In most payment systems, the BIN is the first piece of data processed during a transaction.