The Bank Identification Number (BIN) 498588 is issued by BANCO MONEX S.A. INSTITUCION DE BANCA MULTIPLE MONEX GRUPO FINANCIERO in MEXICO. This is a VISA DEBIT card with PREPAID ELECTRON level.
BIN (Bank Identification Number), also known as IIN (Issuer Identification Number), refers to the first 6 digits of a payment card number. These digits identify the card-issuing institution, card type, and other attributes used for routing and fraud prevention.
By looking up BIN 498588, you can determine: the card network (VISA), whether it's a credit, debit, or prepaid card (DEBIT), the card level (PREPAID ELECTRON), the issuing bank (BANCO MONEX S.A. INSTITUCION DE BANCA MULTIPLE MONEX GRUPO FINANCIERO), and the country of issuance (MEXICO). This information is useful for payment processors, merchants, and fraud prevention systems.