BIN code 370705 is issued by AMEX
IIN / BIN: 370705
Bank Issuer Information: AMEX
Brand (Financial Service), Type and Card Sub Brand: Amex
Payment System: Amex
Information about Credit/Debit and Prepaid cards starting from BIN number 370705 by Amex
What is a BIN 370705 Visa PREPAID Number?
The first six 370705 digits of a card is known as BIN Number. BIN stands for Bank Identification Number. It’s a 6 digit code which identifies the financial institution, like AMEX that issued the Card to the card holder. BIN can be used to identify issuing financial institution of a Credit Card, Debit Card, Prepaid Card and rewards Card. It also referred as IIN 370705 number (Issuer Identification Number).
Amex with BIN/IIN 370705 Credit & Debit Card Number Format
As per ISO/IEC 7812, the length of Credit & Debit Card number can be upto 19 digits.
P – Major industry Identifier
Q – Issuing Financial Institution identifier
R – Account Identifier up to 12 digits
S – Checksum to validate Card Number.
Where PQQQQQ combined are known as BIN number or IIN code.
Uses of BIN 370705 Visa PREPAID Number
It is commonly used by merchants to identify the card type and issuing bank of the Credit Card.
It also helps in preventing Fraud. In case the Billing Address and the issuing country of the card is different, it may be a fraudulent transaction. With BIN search they can easily identify such transactions.