If you are eligible to activate an IBAN with Denizen, you will receive a German IBAN. The format will be DE (country code), a two digit check number, the eight digit bank sort code, and your ten digit account number together without spaces.
You can view your IBAN number in the Denizen app. It can take three business days after approval for your IBAN number to generate.
An IBAN or International Bank Account Number, uniquely identifies your EUR current account in a format agreed on by participating countries to facilitate national and international transactions. Initially used within the SEPA area, IBANs are starting to be implemented in many additional European countries.
Regardless of the country of issue your IBAN, countries within the European Economic Area are required to accept IBANs from any member country. Those who do not accept IBANs from other member states are violating European law ( Regulation No 260/2012, Article 9, February 2016). If you ever experience IBAN discrimination, please contact the appropriate national authority and report the incident. In addition to your contact details and the name of the person/company that did not accept your IBAN, include a brief description of the incident and any documentation of the rejection or communications.