BIN 558563
RIYAD BANK • SAUDI ARABIA • MASTERCARD
About BIN 558563
BIN 558563 is a MASTERCARD debit card operating on the PREPAID RELOADABLE 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 558563?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 558563 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 558563?
BIN 558563 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 558563 registered?
BIN 558563 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 558563 a credit, debit, or prepaid card?
BIN 558563 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 558563 use?
BIN 558563 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 558563?
The primary currency associated with BIN 558563 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 558563 pass the Luhn check?
Yes — card numbers beginning with BIN 558563 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.
