What is IBAN? Bank Details on Invoices

IBAN (International Bank Account Number) is a standardized format for identifying bank accounts internationally. Bulgarian IBANs start with BG and contain 22 characters. On invoices, the IBAN identifies the seller's bank account for payment. auwo invoices extracts IBAN numbers as part of the payment information.

IBAN on Bulgarian Invoices

Bulgarian invoices typically include the seller's IBAN and BIC (bank code) in the payment details section. auwo invoices identifies these fields and includes them in the structured export. This is essential for automated payment processing.

FAQ

Does auwo invoices extract IBAN from invoices?

Yes, when present on the invoice. IBAN and BIC are extracted as part of payment details.

Related Terms

EIK (Bulgarian Company ID)

EIK is the unique identification code for Bulgarian companies. Essential for invoice processing and NAP reporting.

VAT (Value Added Tax)

Understanding VAT on invoices: rates, calculation, and how automated parsing handles VAT extraction.

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