BIN 558703
KHAN BANK LLC • MONGOLIA • MASTERCARD
About BIN 558703
BIN 558703 is a MASTERCARD credit card operating on the CORPORATE payment network, issued by KHAN BANK LLC in MONGOLIA (MN). 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 558703?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 558703 identifies KHAN BANK LLC 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 558703?
BIN 558703 was issued by KHAN BANK LLC, a financial institution operating in MONGOLIA.
In which country is BIN 558703 registered?
BIN 558703 is registered in MONGOLIA (country code: MN). The issuing bank, KHAN BANK LLC, holds the licence to issue cards under this BIN range in MONGOLIA. Transactions on these cards typically involve MONGOLIA-based banking and settlement infrastructure.
Is BIN 558703 a credit, debit, or prepaid card?
BIN 558703 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 558703 use?
BIN 558703 operates on the MASTERCARD payment network using the CORPORATE 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 558703?
The primary currency associated with BIN 558703 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in MONGOLIA. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 558703 pass the Luhn check?
Yes — card numbers beginning with BIN 558703 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.
