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If the remainder is 1, the checks digits test is passed and the IBAN might be valid. Online IBAN generation The underlying rules for IBANs is that the account servicing financial institution should issue an IBAN as there are a number of areas where different IBANs could be generated from the same account and branch numbers that would satisfy the generic IBAN validation rules. Non-European banks typically accept IBANs as bank account numbers for accounts in Europe, although they might not treat IBANs differently to the way they treat other foreign bank account numbers. It was originally adopted by the European Committee for Banking Standards (ECBS), and was later adopted as an international standard under ISO 13616:1997 and now as ISO 13616-1:2007.

CountryCityBank NameBranchSWIFT
Sweden Stockholm Vattenfall Power Management Aktiebolag Vattenfall Power Management Aktiebolag VPMASES1XXX
Sweden Goteborg Volvo Treasury Aktiebolag Volvo Treasury Aktiebolag VOTRSEG1XXX
Sweden Stockholm Wassum Vardepappersaktiebolag Wassum Vardepappersaktiebolag WAVASES1XXX
Sweden Stockholm Weavering Capital AB Weavering Capital AB WECPSES1XXX
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