Starting next year, Costa Rican banks will merge all numbers related to their customers’ accounts into a single 22-digit account number, known as IBAN, the Central Bank of Costa Rica (BCCR) reported.
Now, each bank uses different numbers to identify checking accounts, savings accounts, credit cards, loans and other transactions. However, in January, Costa Rica will join the IBAN (International Bank Account Number) standard for performing all transactions both locally and with banks from abroad.
The change will not involve major changes for banks’

… continue reading article at TICOTIMES.net Click here to go to the source article.