International Bank Account Number
In compliance with Central Bank of UAE regulations, we are pleased to inform you that we have successfully applied the International Bank Account Number (IBAN) for all your Noor Islamic Bank accounts. The IBAN will now be used for all inward and outward remittances from and to the UAE and salary payments through WPS.
IBAN is an international standard for identifying bank accounts (excluding credit cards). The main purpose of IBAN is to facilitate the automatic processing of money transfers, to improve the speed and accuracy of your payment transactions.
The Central Bank regulation is effective from 19th November 2011, whereby all banks in UAE are required to accept and process payment instructions with IBAN. Consequently, you will be required to provide an IBAN for all instructions for value date on or after 19th November 2011 when making payment from or receiving payments to your account. Please ensure that the IBAN for your account is communicated to all parties from whom you are expecting a remittance to your account.
In case the IBAN is not used, the processing of both Inward and Outward payment in your account is likely to be rejected or may be delayed with additional processing charges as may be prescribed by Central Bank from time to time.
If you have standing orders for effecting payments from your account to beneficiary accounts held in banks within the UAE other than Noor Islamic Bank, then you will need to amend the same, by providing the IBAN equivalent for the beneficiary account.
All customers have been informed of their respective IBAN in writing. However, you may also generate your IBAN via our online IBAN generator. You can also get further information via the following:
- View Frequently Asked Questions
- Log in to your Noor Internet Banking (after 19th November, 2011)
- Contact your Relationship Manager
- Contact our contact center at 800-6667 (800-NOOR)
Thank you for banking with Noor Islamic Bank