The IBAN account identification facility is a globally accepted standard for bank accounts, with the aim to facilitate banking transactions and reduce the time taken especially for foreign and local funds transfer transactions.
IBAN implementation will not only provide your account greater security when you transfer funds locally or internationally, but will also assist banks towards ensuring error free transactions.
Your International Bank Account Number (IBAN) has been generated; you are requested to coordinate with your UBL Branch or UBL Contact Center at 111-825-888 to get your International Bank Account Number (IBAN). You are requested to use it for all your interbank financial transactions (both local & international).
Note: Your existing account number(s) will continue to be valid. IBAN is not a new account number. It simply represents the existing account number in a recognizable ISO standard format. The adoption of IBAN in Pakistan does not require changing or replacing the existing account numbers.