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Brazil IBAN Bifurcation

in Payables, Payments & Cash Management 1 comment

Summary:

Hi Team,
Can someone confirm the Bifurcation of the below Brazil IBAN. According to Bank number/code, Branch number, Account number etc.

According to Oracle documents Bank number should be only 3 characters while when we were validating the IBAN in various sites the bank number/code is having 8 Characters.

IBAN in question: BR2860746948020020000004227C1
Oracle document link:


Content (please ensure you mask any confidential information):

Hi Team,
Can someone confirm the Bifurcation of the below Brazil IBAN. According to Bank number/code, Branch number, Account number etc.

According to Oracle documents Bank number should be only 3 characters while when we were validating the IBAN in various sites the bank number/code is having 8 Characters.

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