Israel IBAN Format (IL) — Structure, Length & Example

The Israel IBAN is 23 characters long and follows the ISO 13616 standard adopted by the Bank of Israel. Israel introduced IBANs to facilitate cross-border transfers with European partners, and the format reflects the country's domestic bank and branch numbering system. Israel is not a SEPA country — all international transfers use the SWIFT network, and the BIC code of the Israeli bank is required alongside the IBAN.

Israel IBAN at a Glance

• Country code: IL
• Total length: 23 characters (always)
• Format: ILkk bbb bbb ccccccccccccc
• BBAN length: 19 characters
• Character types: 3-digit bank code + 3-digit branch code + 13-digit account number (all numeric)

Israel IBAN Structure Explained

1. Country Code — IL (2 characters)

The ISO 3166-1 alpha-2 code for Israel. Every Israeli IBAN begins with IL.

2. Check Digits — kk (2 digits)

Two decimal digits calculated using the MOD-97 algorithm defined in ISO 7064. They detect transcription and transposition errors before the payment is transmitted.

3. Bank Code — bbb (3 digits)

A 3-digit numeric code identifying the bank, assigned by the Bank of Israel. Major bank codes include:

• 010 — Bank Leumi
• 011 — Israel Discount Bank
• 012 — Bank Hapoalim
• 020 — Mizrahi-Tefahot Bank
• 031 — First International Bank of Israel (FIBI)

4. Branch Code — bbb (3 digits)

A 3-digit branch identifier assigned by the bank. Israel's domestic payments system uses branch codes extensively as routing identifiers within each bank.

5. Account Number — ccccccccccccc (13 digits)

A 13-digit numeric account number. If the domestic account number is shorter, it is left-padded with zeros to reach 13 digits.

Israel IBAN Example Explained

IL62 0108 0000 0009 9999 999

• Country: IL
• Check digits: 62
• Bank code: 010 (Bank Leumi)
• Branch code: 800
• Account number: 0000099999999

This is an illustrative example. Always validate a real Israeli IBAN with the ibanchecker.cash validator before initiating a payment.

How Israeli IBAN Validation Works

1. Country code check: First two characters must be exactly IL.
2. Length check: Total character count (spaces removed) must be exactly 23.
3. Character type check: All 19 BBAN characters must be decimal digits — no letters appear anywhere in an Israeli IBAN after the country code.
4. MOD-97 check: Move the first four characters to the end, replace each letter with its numeric equivalent (I=18, L=21), then compute the number modulo 97. A valid IBAN produces a remainder of 1.

Use the ibanchecker.cash IBAN validator to validate any Israeli IBAN instantly, including bank code lookup and country confirmation.

Major Israeli Banks and Their IBAN Bank Codes

Israel's banking sector is dominated by five large commercial banks, all of which are members of the Bank of Israel's interbank clearing system:

• Bank Hapoalim (012) — Israel's largest bank by assets, founded in 1921 by the Histadrut labor federation.
• Bank Leumi (010) — Hapoalim's main rival, with a large international presence and a dedicated digital bank brand (Pepper).
• Israel Discount Bank (011) — Third-largest commercial bank, known for its Discount Mortgage Bank subsidiary.
• Mizrahi-Tefahot Bank (020) — Specialist in mortgages; one of Israel's fastest-growing retail banks.
• First International Bank of Israel — FIBI (031) — A smaller commercial bank with a focus on business banking and trade finance.

Israel Is Not a SEPA Country

Israel is not a member of the Single Euro Payments Area. All international transfers to Israeli bank accounts travel via the SWIFT network. Practical consequences:

• Processing times of 1–5 business days (not same-day SEPA)
• Higher transfer fees including correspondent bank charges
• Both the IBAN and the bank's BIC/SWIFT code are required
• Transfers are typically settled in Israeli New Shekel (ILS); currency conversion applies for EUR or USD senders

Look up any Israeli bank's BIC for SWIFT payments using the ibanchecker.cash SWIFT directory.

Common Israeli IBAN Mistakes

Wrong Length

Israeli IBANs are exactly 23 characters. A common error is confusing the Israeli format with other 22-character IBANs (Ireland, UK). Always remove spaces before counting.

Using the Wrong Bank Code

Israel's 3-digit bank codes are entirely numeric. Supplying a letter (for example, a BIC code instead of the IBAN bank code) invalidates the IBAN. The bank code in the IBAN is not the same as the SWIFT/BIC code — it is a shorter domestic identifier.

Spaces in Electronic Submission

Remove all spaces when submitting electronically: IL620108000000099999999.

Validating Israeli IBANs in Bulk

Finance teams processing Israeli supplier payments alongside European SEPA accounts can validate all IBANs together using the ibanchecker.cash bulk checker. Upload a CSV of up to 100 IBANs and receive per-row validation results with bank code identification.

Last updated: June 2026