The Bank Identification Number (BIN) 553216 is issued by BUSAN BANK in KOREA, REPUBLIC OF. This is a MASTERCARD CREDIT card with EXECUTIVE CORPORATE 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 553216, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (CREDIT), the card level (EXECUTIVE CORPORATE), the issuing bank (BUSAN BANK), and the country of issuance (KOREA, REPUBLIC OF). This information is useful for payment processors, merchants, and fraud prevention systems.