BIN 506153
FINANCE TRUST BANK UGANDA • UGANDA • VERVE
About BIN 506153
BIN 506153 is a VERVE debit card operating on the STANDARD payment network, issued by FINANCE TRUST BANK UGANDA in UGANDA (UG). 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 506153?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 506153 identifies FINANCE TRUST BANK UGANDA 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 506153?
BIN 506153 was issued by FINANCE TRUST BANK UGANDA, a financial institution operating in UGANDA.
In which country is BIN 506153 registered?
BIN 506153 is registered in UGANDA (country code: UG). The issuing bank, FINANCE TRUST BANK UGANDA, holds the licence to issue cards under this BIN range in UGANDA. Transactions on these cards typically involve UGANDA-based banking and settlement infrastructure.
Is BIN 506153 a credit, debit, or prepaid card?
BIN 506153 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 506153 use?
BIN 506153 operates on the VERVE payment network using the STANDARD card scheme. This means all transactions made with cards carrying this BIN are routed and processed through VERVE's global payment infrastructure.
What currency is associated with BIN 506153?
The primary currency associated with BIN 506153 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in UGANDA. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 506153 pass the Luhn check?
Yes — card numbers beginning with BIN 506153 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.
