The Bank Identification Number (BIN) 506122 is issued by GLOBUS BANK LIMITED (NIGERIA) in NIGERIA. This is a VERVE Unknown card with VERVE CARD 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 506122, you can determine: the card network (VERVE), whether it's a credit, debit, or prepaid card (Unknown), the card level (VERVE CARD), the issuing bank (GLOBUS BANK LIMITED (NIGERIA)), and the country of issuance (NIGERIA). This information is useful for payment processors, merchants, and fraud prevention systems.