International Bank Account Number (IBAN)
The International Bank Account Number (IBAN) is an international standard for identifying bank accounts across national borders in a way that would minimise the risk of propagating transcription errors.
Related Terms
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Web Services
Web service is part of a SOAP architecture and is defined as "a software system designed to support interoperable machine-to-machine communication”.
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Red Flag
A potentially suspicious or money laundering situation raises a Red Flag or warning signal.