BIN 514001
COMMONWEALTH BANK LTD. • BAHAMAS • MASTERCARD
About BIN 514001
BIN 514001 is a MASTERCARD credit card operating on the GOLD payment network, issued by COMMONWEALTH BANK LTD. in BAHAMAS (BS). 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 514001?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 514001 identifies COMMONWEALTH BANK LTD. 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 514001?
BIN 514001 was issued by COMMONWEALTH BANK LTD., a financial institution operating in BAHAMAS.
In which country is BIN 514001 registered?
BIN 514001 is registered in BAHAMAS (country code: BS). The issuing bank, COMMONWEALTH BANK LTD., holds the licence to issue cards under this BIN range in BAHAMAS. Transactions on these cards typically involve BAHAMAS-based banking and settlement infrastructure.
Is BIN 514001 a credit, debit, or prepaid card?
BIN 514001 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 514001 use?
BIN 514001 operates on the MASTERCARD payment network using the GOLD card scheme. This means all transactions made with cards carrying this BIN are routed and processed through MASTERCARD's global payment infrastructure.
What currency is associated with BIN 514001?
The primary currency associated with BIN 514001 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in BAHAMAS. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 514001 pass the Luhn check?
Yes — card numbers beginning with BIN 514001 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.
