Kontonummernwert
Kontonummerwert refers to the specific numerical or alphanumeric sequence assigned to a bank account. This identifier is crucial for all financial transactions involving that account. It uniquely distinguishes one account from all others within a banking system, both domestically and internationally. The structure and length of a Kontonummerwert can vary significantly between countries and even between different financial institutions. For example, in Germany, a Kontonummerwert is typically part of a longer IBAN (International Bank Account Number), which includes country codes and bank identifiers. In other regions, it might be a standalone number.
The primary purpose of the Kontonummerwert is to ensure that funds are directed to the correct recipient