The Bank Identification Number (BIN) 516116 is issued by COMMERCIAL BANK RENAISSANCE CREDIT (LIMITED LIABILITY COMPANY) in RUSSIAN FEDERATION. This is a MASTERCARD CREDIT card with NEW WORLD 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 516116, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (CREDIT), the card level (NEW WORLD), the issuing bank (COMMERCIAL BANK RENAISSANCE CREDIT (LIMITED LIABILITY COMPANY)), and the country of issuance (RUSSIAN FEDERATION). This information is useful for payment processors, merchants, and fraud prevention systems.