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UAE and Egypt

What IBAN and virtual IBAN are, and how payouts use them

An IBAN, the international bank account number, puts a country code, check digits and the domestic account into one string. Payouts to the UAE and Egypt are addressed this way.

UAE and Egypt

AED · EGP

Account format

How a payment moves

  1. You One API request
  2. IBAN and VIBAN IBAN or virtual IBAN
  3. Recipient Bank account in the UAE or Egypt
On DVBridge Payouts Live

Paying into it with DVBridge

  • Payouts · UAE Live
    What you send
    IBAN or virtual IBAN (AE…, 23 characters)
    Recipient name
    Required
    Delivery
    Within hours on a weekday
  • Payouts · Egypt Live
    What you send
    IBAN (EG…, 29 characters)
    Recipient name
    Required
    Delivery
    Under 5 minutes

Amount limits are configured for your account and returned by the API.

Why the format checks itself

The two check digits after the country code are calculated from the rest of the number, so a mistyped character is caught when the payout is created, before any money moves.

What you send

The IBAN, or in the UAE a virtual IBAN, and the recipient’s name. No separate bank code: the bank is inside the number.

Questions and answers

  • What is a virtual IBAN?

    An IBAN a bank issues that routes to an underlying account, often used to tell incoming payments apart. In the UAE it is addressed exactly like an IBAN.

  • How long is it?

    Twenty-three characters in the UAE, starting AE; twenty-nine in Egypt, starting EG.

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