Brief history of IBANs and current Fintech challenges

  1. I have been pondering that this would be easy solved if there would be a ‘EU’ country code in IBAN just like the top level country code in the internet domains. This could be a simple routing system that would allow another ‘ultimate beneficiary’ behind that number with another IBAN, but at least it would allow to avoid the discrimination, making it mandatory for all employers and social systems to support EU XX AAAA BBBB CCCC DDDD

Comments are closed.

Sliding Sidebar