The Bank Identification Number (BIN) 553004 is issued by IRAQ ELECTRONIC GATE FOR FINANCIAL SERVICES CO LTD in IRAQ. This is a MASTERCARD DEBIT card with COMMERCIAL 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 553004, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (COMMERCIAL), the issuing bank (IRAQ ELECTRONIC GATE FOR FINANCIAL SERVICES CO LTD), and the country of issuance (IRAQ). This information is useful for payment processors, merchants, and fraud prevention systems.