The Bank Identification Number (BIN) 557707 is issued by MAGYAR CETELEM BANK RT. in HUNGARY. This is a MASTERCARD DEBIT card with ELECTRON 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 557707, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (DEBIT), the card level (ELECTRON), the issuing bank (MAGYAR CETELEM BANK RT.), and the country of issuance (HUNGARY). This information is useful for payment processors, merchants, and fraud prevention systems.