BIN 521023
AL-TABADUL FOR ELECTRONIC AND FINANCIAL TECHNOLOGIES • IRAQ • MASTERCARD
About BIN 521023
BIN 521023 is a MASTERCARD debit card operating on the PREPAID RELOADABLE payment network, issued by AL-TABADUL FOR ELECTRONIC AND FINANCIAL TECHNOLOGIES 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 521023?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 521023 identifies AL-TABADUL FOR ELECTRONIC AND FINANCIAL TECHNOLOGIES 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 521023?
BIN 521023 was issued by AL-TABADUL FOR ELECTRONIC AND FINANCIAL TECHNOLOGIES, a financial institution operating in IRAQ.
In which country is BIN 521023 registered?
BIN 521023 is registered in IRAQ (country code: IQ). The issuing bank, AL-TABADUL FOR ELECTRONIC AND FINANCIAL TECHNOLOGIES, 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 521023 a credit, debit, or prepaid card?
BIN 521023 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 521023 use?
BIN 521023 operates on the MASTERCARD payment network using the PREPAID RELOADABLE 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 521023?
The primary currency associated with BIN 521023 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 521023 pass the Luhn check?
Yes — card numbers beginning with BIN 521023 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.
