BIN 512416
SAGICOR BANK JAMAICA, LTD. • JAMAICA • MASTERCARD
About BIN 512416
BIN 512416 is a MASTERCARD credit card operating on the GOLD payment network, issued by SAGICOR BANK JAMAICA, LTD. in JAMAICA (JM). 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 512416?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 512416 identifies SAGICOR BANK JAMAICA, 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 512416?
BIN 512416 was issued by SAGICOR BANK JAMAICA, LTD., a financial institution operating in JAMAICA.
In which country is BIN 512416 registered?
BIN 512416 is registered in JAMAICA (country code: JM). The issuing bank, SAGICOR BANK JAMAICA, LTD., holds the licence to issue cards under this BIN range in JAMAICA. Transactions on these cards typically involve JAMAICA-based banking and settlement infrastructure.
Is BIN 512416 a credit, debit, or prepaid card?
BIN 512416 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 512416 use?
BIN 512416 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 512416?
The primary currency associated with BIN 512416 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in JAMAICA. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 512416 pass the Luhn check?
Yes — card numbers beginning with BIN 512416 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.
