BIN 424370
KURDISTAN INTERNATIONAL ISLAMIC BANK FOR INVESTMENT AND DEVELOPMENT • IRAQ • VISA
About BIN 424370
BIN 424370 is a VISA debit card operating on the SIGNATURE payment network, issued by KURDISTAN INTERNATIONAL ISLAMIC BANK FOR INVESTMENT AND DEVELOPMENT 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 424370?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 424370 identifies KURDISTAN INTERNATIONAL ISLAMIC BANK FOR INVESTMENT AND DEVELOPMENT 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 424370?
BIN 424370 was issued by KURDISTAN INTERNATIONAL ISLAMIC BANK FOR INVESTMENT AND DEVELOPMENT, a financial institution operating in IRAQ.
In which country is BIN 424370 registered?
BIN 424370 is registered in IRAQ (country code: IQ). The issuing bank, KURDISTAN INTERNATIONAL ISLAMIC BANK FOR INVESTMENT AND DEVELOPMENT, 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 424370 a credit, debit, or prepaid card?
BIN 424370 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 424370 use?
BIN 424370 operates on the VISA payment network using the SIGNATURE 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 424370?
The primary currency associated with BIN 424370 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 424370 pass the Luhn check?
Yes — card numbers beginning with BIN 424370 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.
