The Bank Identification Number (BIN) 516623 is issued by NOVATUM TECH LIMITED in UNITED KINGDOM. This is a MASTERCARD DEBIT card with WORLD ELITE 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 516623, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (WORLD ELITE), the issuing bank (NOVATUM TECH LIMITED), and the country of issuance (UNITED KINGDOM). This information is useful for payment processors, merchants, and fraud prevention systems.