An account number is a unique set of numbers typically between 8 and 12 digits assigned to a customer’s account. Using the number, the customer can be identified and given access to transact using the respective account.
When you want to make a credit transfer or authorise a direct debit, you’ll need to provide the account number of the beneficiary to enable the transfer. When sending money through an online money transfer provider directly to the recipient’s bank, you’ll be asked to provide their account number.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com