How many numbers does the CBU have?
The Single Banking Code (CBU), also called the Single Banking Code or Unified Banking Code, is the system that was chosen in the Argentine Republic to identify a specific bank account . Through this code, the account holder can carry out money transfers between different accounts and adhere to the payment of tax and services by automatic debit. If you have doubts about this system or you have the doubt of: how many numbers does the CBU have?, keep reading this article to easily solve it.
About the CBU (Single Banking Code)
In the first place, it is very important to understand that the CBU identifies an account and not a person, that is why a company or person that has a savings account and a current account has as many CBUs as accounts. That is, each CBU will identify a particular account.
It is key to be clear about this because many people when they go to deposit, they carry the name of the beneficiary, the account, the bank and not the CBU. And you should know that without CBU the corresponding transaction can not be made, unless it is deposited in the same bank where the beneficiary's account is located. Likewise, it is fundamental to know that the CBU can not be modified in any case, and that is a key that the banks transmit to their clients.
Characteristics of the CBU
The unique banking code consists of 22 digits, from which it follows:
- First, we can differentiate 2 blocks, one of 8 digits and another of 13.
The first block consists of:
- Entity number (name of the bank).
- Branch number.
- Digit that verifies the first 7 digits and is generated with an algorithm.
On the other hand, the second block consists of:
- Account number.
- Digit that verifies the 12 digits of the account number.
So you know, the CBU has exactly 22 numbers.
