BIN 550647
HUNGARIAN FOREIGN TRADE BANK, LTD. • HUNGARY • MASTERCARD
About BIN 550647
BIN 550647 is a MASTERCARD credit card operating on the Unknown payment network, issued by HUNGARIAN FOREIGN TRADE 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 550647?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 550647 identifies HUNGARIAN FOREIGN TRADE 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 550647?
BIN 550647 was issued by HUNGARIAN FOREIGN TRADE BANK, LTD., a financial institution operating in HUNGARY. You may reach them by phone at +3612690922. Their official website is http://www.mkb.hu.
In which country is BIN 550647 registered?
BIN 550647 is registered in HUNGARY (country code: HU). The issuing bank, HUNGARIAN FOREIGN TRADE 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 550647 a credit, debit, or prepaid card?
BIN 550647 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 550647 use?
BIN 550647 operates on the MASTERCARD payment network using the Unknown 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 550647?
The primary currency associated with BIN 550647 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 550647 pass the Luhn check?
Yes — card numbers beginning with BIN 550647 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.
