BIN 424940
CITIZENS BANK PLC • BANGLADESH • VISA
About BIN 424940
BIN 424940 is a VISA credit card operating on the PLATINUM payment network, issued by CITIZENS BANK PLC in BANGLADESH (BD). 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 424940?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 424940 identifies CITIZENS BANK PLC 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 424940?
BIN 424940 was issued by CITIZENS BANK PLC, a financial institution operating in BANGLADESH.
In which country is BIN 424940 registered?
BIN 424940 is registered in BANGLADESH (country code: BD). The issuing bank, CITIZENS BANK PLC, holds the licence to issue cards under this BIN range in BANGLADESH. Transactions on these cards typically involve BANGLADESH-based banking and settlement infrastructure.
Is BIN 424940 a credit, debit, or prepaid card?
BIN 424940 belongs to the credit 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 424940 use?
BIN 424940 operates on the VISA payment network using the PLATINUM card scheme. This means all transactions made with cards carrying this BIN are routed and processed through VISA's global payment infrastructure.
What currency is associated with BIN 424940?
The primary currency associated with BIN 424940 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in BANGLADESH. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 424940 pass the Luhn check?
Yes — card numbers beginning with BIN 424940 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.
