The Bank Identification Number (BIN) 554616 is issued by GOLOMT BANK OF MONGOLIA in MONGOLIA. 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 554616, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (STANDARD), the issuing bank (GOLOMT BANK OF MONGOLIA), and the country of issuance (MONGOLIA). This information is useful for payment processors, merchants, and fraud prevention systems.