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 during transfers, payments, or other financial operations. When initiating a transaction, the sender provides the Kontonummerwert of the intended beneficiary. The banking system then uses this value to locate the specific account and credit or debit it accordingly. Accuracy is paramount, as an incorrect Kontonummerwert can lead to misplaced funds, transaction failures, or even funds being sent to an unintended party, which can be difficult and time-consuming to rectify. Security measures are often in place to protect this sensitive information, as unauthorized access could lead to financial fraud.