BIN 551987
BOSTON SAFE DEPOSIT AND TRUST COMPANY • HUNGARY • MASTERCARD
About BIN 551987
BIN 551987 is a MASTERCARD credit card operating on the GOLD payment network, issued by BOSTON SAFE DEPOSIT AND TRUST COMPANY 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 551987?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 551987 identifies BOSTON SAFE DEPOSIT AND TRUST COMPANY 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 551987?
BIN 551987 was issued by BOSTON SAFE DEPOSIT AND TRUST COMPANY, a financial institution operating in HUNGARY.
In which country is BIN 551987 registered?
BIN 551987 is registered in HUNGARY (country code: HU). The issuing bank, BOSTON SAFE DEPOSIT AND TRUST COMPANY, 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 551987 a credit, debit, or prepaid card?
BIN 551987 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 551987 use?
BIN 551987 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 551987?
The primary currency associated with BIN 551987 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 551987 pass the Luhn check?
Yes — card numbers beginning with BIN 551987 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.