BIN meaning in Accounts and Finance ?

Answer:

What is Bank Identification Number mean?

A payment card number, primary account number (PAN), or simply a card number, is the card identifier found on payment cards, such as credit cards and debit cards, as well as stored-value cards, gift cards and other similar cards. In some situations the card number is referred to as a bank card number. The card number is primarily a card identifier and does not directly identify the bank account number/s to which the card is/are linked by the issuing entity. The card number prefix identifies the issuer of the card, and the digits that follow are used by the issuing entity to identify the cardholder as a customer and which is then associated by the issuing entity with the customer's designated bank accounts. In the case of stored-value type cards, the association with a particular customer is only made if the prepaid card is reloadable. Card numbers are allocated in accordance with ISO/IEC 7812. The card number is usually prominently embossed on the front of a payment card, and is encoded on the magnetic stripe and chip, but may be imprinted on the back of the card.

The payment card number differs from the Business Identifier Code (BIC/ISO 9362, a normalized code—also known as Business Identifier Code, Bank International Code or SWIFT code). It also differs from Universal Payment Identification Code, another identifier for a bank account in the United States.

reference

Full Form	Category
Berkeley Information Network	Academic & Science
Baylor Information Network	Academic & Science
Bank Identification Number	Accounts and Finance
Bamiyan	Airport Code
Borrower Identification Number	Banking
Bank Identification Numbers	Business
Sames Corporation	Business
Buy It Now	Business
Briles Investigative Network	Business
Business Identification Number	Business
Building Identification Number	Business
Progressive Waste Solutions, LTD.	Business
Brain Injury Network	Community
Buffer Index Number	Computing
Billion Instructions	Computing
Binemon	Cryptocurrency
Binary File	File Type
Sgi Powerflip	File Type
Box Innovation Network	General
Barangay Intelligence Network	General
Benefit Identification Number	General
Badan Intelijen Negara	General
Bidder Identification Number	Governmental
binary	Information Technology
Berklee International Network	International
Bank Industri Negara	International
Bis In Noctis (Twice A Night)	Medical
Bini	Regional
Binary Is A Name	Softwares
Business and Information Network	Space Science