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ISO 7064

ISO 7064 specifies mathematical check character systems used for security and verification across financial transactions, governing algorithm models like Modulus 97-10. It defines the checksum arithmetic utilized to validate IBANs and other identifiers prior to routing.

Aliases: ISO 7064 standard

Related terms

IBAN (International Bank Account Number)

An International Bank Account Number (IBAN) is an internationally agreed system of identifying bank accounts across nati...

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Modulus 97 Checksum

Modulus 97 is the algebraic algorithm defined by ISO 7064 MOD-97-10 used to check the mathematical validity of bank acco...

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