The Bank Identification Number (BIN) 534412 is issued by ELAF ISLAMIC BANK in IRAQ. This is a MASTERCARD DEBIT card with STANDARD 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 534412, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (STANDARD), the issuing bank (ELAF ISLAMIC BANK), and the country of issuance (IRAQ). This information is useful for payment processors, merchants, and fraud prevention systems.