Notice on Euroclear Bank’s Transition to IBAN Usage

20 November 2025

JSC Central Securities Depository hereby informs you of upcoming changes to the processing of payments for Euroclear Bank accounts.

According to Newsletter 2022-N-058 — “Input IBAN in your money transfer instructions”, published by Euroclear Bank, starting from 1 December 2025, account identification for all money transfers will be carried out exclusively using the International Bank Account Number (IBAN). The existing five-digit Cash Account and BBAN numbers will no longer be used.

The Central Securities Depository recommends that participants update their account details in advance in accordance with Euroclear Bank’s requirements and inform their counterparties of the need to use IBAN in payment instructions.