BIN 527023
RIYAD BANK • SAUDI ARABIA • MASTERCARD
About BIN 527023
BIN 527023 is a MASTERCARD credit card operating on the STANDARD payment network, issued by RIYAD BANK in SAUDI ARABIA (SA). 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 527023?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 527023 identifies RIYAD BANK 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 527023?
BIN 527023 was issued by RIYAD BANK, a financial institution operating in SAUDI ARABIA. Their official website is http://www.riyadbank.com.
In which country is BIN 527023 registered?
BIN 527023 is registered in SAUDI ARABIA (country code: SA). The issuing bank, RIYAD BANK, holds the licence to issue cards under this BIN range in SAUDI ARABIA. Transactions on these cards typically involve SAUDI ARABIA-based banking and settlement infrastructure.
Is BIN 527023 a credit, debit, or prepaid card?
BIN 527023 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 527023 use?
BIN 527023 operates on the MASTERCARD payment network using the STANDARD 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 527023?
The primary currency associated with BIN 527023 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in SAUDI ARABIA. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 527023 pass the Luhn check?
Yes — card numbers beginning with BIN 527023 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.
