BIN 416294
LANDSBANKINN HF • ICELAND • VISA
About BIN 416294
BIN 416294 is a VISA debit card operating on the BUSINESS payment network, issued by LANDSBANKINN HF in ICELAND (IS). 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 416294?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 416294 identifies LANDSBANKINN HF 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 416294?
BIN 416294 was issued by LANDSBANKINN HF, a financial institution operating in ICELAND.
In which country is BIN 416294 registered?
BIN 416294 is registered in ICELAND (country code: IS). The issuing bank, LANDSBANKINN HF, holds the licence to issue cards under this BIN range in ICELAND. Transactions on these cards typically involve ICELAND-based banking and settlement infrastructure.
Is BIN 416294 a credit, debit, or prepaid card?
BIN 416294 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 416294 use?
BIN 416294 operates on the VISA payment network using the BUSINESS 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 416294?
The primary currency associated with BIN 416294 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in ICELAND. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 416294 pass the Luhn check?
Yes — card numbers beginning with BIN 416294 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.
