BIN 403208
AL-SAQI COMPANY FOR ELECTRONIC PAYMENT SERVICES LTD. • IRAQ • VISA
About BIN 403208
BIN 403208 is a VISA debit card operating on the PREPAID payment network, issued by AL-SAQI COMPANY FOR ELECTRONIC PAYMENT SERVICES LTD. in IRAQ (IQ). 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 403208?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 403208 identifies AL-SAQI COMPANY FOR ELECTRONIC PAYMENT SERVICES 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 403208?
BIN 403208 was issued by AL-SAQI COMPANY FOR ELECTRONIC PAYMENT SERVICES LTD., a financial institution operating in IRAQ.
In which country is BIN 403208 registered?
BIN 403208 is registered in IRAQ (country code: IQ). The issuing bank, AL-SAQI COMPANY FOR ELECTRONIC PAYMENT SERVICES LTD., holds the licence to issue cards under this BIN range in IRAQ. Transactions on these cards typically involve IRAQ-based banking and settlement infrastructure.
Is BIN 403208 a credit, debit, or prepaid card?
BIN 403208 belongs to the debit 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 403208 use?
BIN 403208 operates on the VISA payment network using the PREPAID 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 403208?
The primary currency associated with BIN 403208 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in IRAQ. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 403208 pass the Luhn check?
Yes — card numbers beginning with BIN 403208 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.
