The Bank Identification Number (BIN) 516419 is issued by BANCO NACIONAL DE FOMENTO in PARAGUAY. This is a MASTERCARD DEBIT card with PLATINUM 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 516419, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (PLATINUM), the issuing bank (BANCO NACIONAL DE FOMENTO), and the country of issuance (PARAGUAY). This information is useful for payment processors, merchants, and fraud prevention systems.