BIN 506196
ARAB GAMBIAN ISLAMIC BANK (AGIB) • GAMBIA • VERVE
About BIN 506196
BIN 506196 is a VERVE debit card operating on the STANDARD payment network, issued by ARAB GAMBIAN ISLAMIC BANK (AGIB) in GAMBIA (GM). The default settlement currency for this card is Unknown. This is not a prepaid card — it is linked to a standard bank account or credit facility. Card numbers beginning with this BIN pass the Luhn algorithm validation, confirming they are structurally valid card numbers.
Frequently Asked Questions
What is BIN 506196?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 506196 identifies ARAB GAMBIAN ISLAMIC BANK (AGIB) as the issuing institution for cards carrying this prefix. These digits tell payment processors which bank issued the card before the full transaction is initiated.
Which bank issued BIN 506196?
BIN 506196 was issued by ARAB GAMBIAN ISLAMIC BANK (AGIB), a financial institution operating in GAMBIA.
In which country is BIN 506196 registered?
BIN 506196 is registered in GAMBIA (country code: GM). The issuing bank, ARAB GAMBIAN ISLAMIC BANK (AGIB), holds the licence to issue cards under this BIN range in GAMBIA. Transactions on these cards typically involve GAMBIA-based banking and settlement infrastructure.
Is BIN 506196 a credit, debit, or prepaid card?
BIN 506196 belongs to the debit card category. This is not a prepaid card, so it is linked to a standard bank account or approved credit facility.
What payment network does BIN 506196 use?
BIN 506196 operates on the VERVE payment network using the STANDARD card scheme. This means all transactions made with cards carrying this BIN are routed and processed through VERVE's global payment infrastructure.
What currency is associated with BIN 506196?
The primary currency associated with BIN 506196 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in GAMBIA. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 506196 pass the Luhn check?
Yes — card numbers beginning with BIN 506196 pass the Luhn algorithm. The Luhn algorithm is a standard checksum formula used by payment systems to detect miskeyed or structurally invalid card numbers. A passing result confirms the number range is mathematically valid.
