What Is DEAN? The New Account Code that the EU Wants to Implement Alongside the Digital Euro
4 Articles
4 Articles
The European Central Bank has revealed new details about its future digital currency: the accounts will have an IBAN identification number
With the introduction of the digital euro, the Digital Euro Account Number will also provide a unique identifier for each digital account. The DEAN is based on the IBAN in its structure.
After account number and bank code the IBAN came. Soon a new 18-digit account number is to be added for almost everyone. In addition to the IBAN. The reason is probably the biggest money project in the history of the EU. The post Almost every German gets a new account number – in addition to the IBAN first appeared on inside digital.
Preparations for the digital euro are in full swing. With the so-called DEAN, there will also be special account numbers.
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