This module will not be further enhanced. Support is limited to defect fixing only.

Introduction to Account Infrastructure

IBAN is International Bank Account number, which is unique identifier for bank accounts to identify the account number at internationally. Every country has different length and format of IBAN.

In Italy, it is a practice of generating the Control Internal Number (CIN) in IBAN at the 5th position using an algorithm. CIN is an alpha character, which will be added in front of the 22 characters.

Below is the IBAN structure for Italy. The total number of characters is 27:

• 1-2 represents the Country Code.
• 3-4 represents the Check Digit.
• 5 represents the Control Internal Number(CIN).
• 6-10 represents the Bank Code (ABI Code).
• 11-15 represents the Branch Code.
• 16-27 represents the Account Number.

There is an existing functionality in Temenos Transact to configure the structure of IBAN in the IN.IBAN.STRUCTURE application. To this application a new routine needs to be attached to calculate CIN using the algorithm provided.

The IBAN CIN calculation functionality calculates and generates the IBAN number, including the 5th position in IBAN for Italy(CIN) using a specific algorithm.