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BIN Code 40207817 - BANKFIRST, Cameroon
July 27, 2023 - Reading time: 6 minutes
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The BIN Code 40207817 is an Issuer identification number for BANKFIRST from Issuing network VISA. The code is used in Cameroon and can be found on a credit card. The type of 40207817 is debit, and the card level is TRADITIONAL. Below are the details of this BIN or IIN Code
 BIN code 40207817 Information |
|
|---|---|
| BIN / IIN Code | 40207817 |
| Brand | Visa |
| Bank Name | Bankfirst |
| Card length | 16 |
| Web Site | www.bankfirst.com |
| Contact Phone | (308) 728-5886 OR (888) 371-8005 |
| Card Level | TRADITIONAL |
| Card Type | debit |
| Numeric | 120 |
| Country Code | 237 |
| Country Capital | Yaounde |
| ISO 3166 code | CM |
| Country | Cameroon |
| Currecny | Franc (XAF) |
BIN codes, also known as issuer identification numbers (IINs), are the first six to eight digits of a credit or debit card number. They are used to identify the issuing bank or financial institution that issued the card. The first digit of the BIN code identifies the major industry identifier (MII), which indicates the type of card. For example, a 1 in the first digit indicates a credit card, while a 4 indicates a debit card. The next five or seven digits of the BIN code identify the issuing bank or financial institution.
BIN codes are used for a variety of purposes, including:
- Fraud prevention: BIN codes can be used to identify fraudulent transactions. For example, if a merchant receives a transaction from a card with a BIN code that is not assigned to a legitimate bank, the merchant can be alerted to the potential fraud.
- Transaction routing: BIN codes can be used to route transactions to the correct processing network. For example, a transaction with a BIN code that is assigned to Visa will be routed to the Visa processing network.
- Market research: BIN codes can be used to track the usage of different types of cards by different demographics. For example, a merchant can use BIN codes to track the number of credit cards that are used by young adults.
BIN codes are a valuable tool for businesses and organizations that process payments. They can help to prevent fraud, route transactions to the correct processing network, and track the usage of different types of cards.
Here are some examples of BIN codes for different types of cards:
- Visa: 4
- MasterCard: 5
- American Express: 34 or 37
- Discover: 6011 or 65
- JCB: 35
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