BIN 550355
RAIFFEISEN BANK LTD. • HUNGARY • MASTERCARD
About BIN 550355
BIN 550355 is a MASTERCARD credit card operating on the PLATINUM payment network, issued by RAIFFEISEN BANK LTD. in HUNGARY (HU). 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 550355?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 550355 identifies RAIFFEISEN 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 550355?
BIN 550355 was issued by RAIFFEISEN BANK LTD., a financial institution operating in HUNGARY.
In which country is BIN 550355 registered?
BIN 550355 is registered in HUNGARY (country code: HU). The issuing bank, RAIFFEISEN BANK LTD., holds the licence to issue cards under this BIN range in HUNGARY. Transactions on these cards typically involve HUNGARY-based banking and settlement infrastructure.
Is BIN 550355 a credit, debit, or prepaid card?
BIN 550355 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 550355 use?
BIN 550355 operates on the MASTERCARD payment network using the PLATINUM 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 550355?
The primary currency associated with BIN 550355 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in HUNGARY. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 550355 pass the Luhn check?
Yes — card numbers beginning with BIN 550355 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.
