The Bank Identification Number (BIN) 558408 is issued by DEUTSCHER SPARKASSEN- UND GIROVERBAND in GERMANY. This is a MASTERCARD CREDIT card with BUSINESS 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 558408, you can determine: the card network (MASTERCARD), whether it's a credit, debit, or prepaid card (CREDIT), the card level (BUSINESS), the issuing bank (DEUTSCHER SPARKASSEN- UND GIROVERBAND), and the country of issuance (GERMANY). This information is useful for payment processors, merchants, and fraud prevention systems.