Effective June 7, 2010, Republic of Kazakhstan has made the use of International Bank Account Numbers (IBANs) and Bank Identification Codes (BICs) mandatory. If you are paying a beneficiary in Kazakhstan or initiating a payment from an account in Kazakhstan, you must provide the beneficiary's IBAN and the beneficiary bank's SWIFT BIC in the payment instructions. Failure to provide an IBAN may result in that payment being rejected, delayed or incurring additional charges.
For more payment formatting information, please visit the section titled "Kazakhstan" in J.P. Morgan's Treasury Services' Global Payment Guide 2013-2014.
For complete information concerning the use of the IBAN in the Republic of Kazakhstan, please consult The National Bank of Kazakhstan Web site.
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