IBAN
IBAN in Mongolia
20 characters, starting with MN. Structure, example and how to check it.
- Length
- 20 characters
- Country code
- MN
- SEPA area
- No
- Example
- MN12 1234 1234 5678 9123
Length, check digits and structure are correct. This does not prove that the account exists or belongs to a given person.
Structure of the Mongolia IBAN (MN)
| Positions | Length | Type | Meaning |
|---|---|---|---|
| 1–2 | 2 | letters | MN Country code |
| 3–4 | 2 | digits | 12 IBAN check digits |
| 5–8 | 4 | digits | 1234 Bank code |
| 9–20 | 12 | digits | 123456789123 Account number |
How to check an IBAN from Mongolia
Count the characters: a Mongolia IBAN always has 20. Make sure it starts with MN, then paste it in the checker above: it verifies the two check digits with the mod 97 algorithm and the national structure. A single mistyped character is enough to make the check fail.
The IBAN (International Bank Account Number) identifies a bank account in an unambiguous way across borders. It starts with a two-letter country code, followed by two check digits and the national account number, which contains the bank code, often a branch code, and the account itself. Its length depends on the country: 15 characters in Norway, 27 in Italy and France, up to 33 in Russia.
Questions
How long is an IBAN in Mongolia?
An IBAN in Mongolia has 20 characters, always starting with the country code MN followed by two check digits.
What does an IBAN from Mongolia look like?
A valid example is MN121234123456789123. The real IBAN of an account is printed on the bank statement and shown in the banking app.
Is Mongolia part of SEPA?
No. Mongolia is outside the Single Euro Payments Area: transfers in euros go through the SWIFT network, with correspondent banks and longer timing.
Can I receive euros from Mongolia with iSwiss Pay?
Yes. The iSwiss Pay euro account has a Finnish IBAN and receives SEPA transfers from every bank in the area, including Mongolia, usually within one working day.
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