The Bank Identification Number (BIN) 553304 is issued by BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL in MEXICO. This is a MASTERCARD CREDIT card with CORPORATE FLEET 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 553304, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (CREDIT), the card level (CORPORATE FLEET), the issuing bank (BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL), and the country of issuance (MEXICO). This information is useful for payment processors, merchants, and fraud prevention systems.