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#1000234 - 07/21/08 02:28 PM Credit Card Bin Number
illinoisbank Offline
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Joined: Jul 2008
Posts: 9
We are currently in the process of obtaining a license to become a bank in Illinois and need to know how to obtain a BIN number. I was told that we need to purchase a BIN number so we can issue debit cards. Any help on who I contact for this would be greatly appreciated.

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Operations Compliance
#1000397 - 07/21/08 03:53 PM Re: Credit Card Bin Number illinoisbank
Dan Persfull Online
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Dan Persfull
Joined: Aug 2002
Posts: 46,957
Bloomington, IN
Contact either MasterCard or Visa. Depending which debit product you intend to issue. You should be able to find the contact information on their Web sites.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#1000460 - 07/21/08 04:14 PM Re: Credit Card Bin Number Dan Persfull
illinoisbank Offline
New Poster
Joined: Jul 2008
Posts: 9
Thank you. I had looked on their site but didn't see the info. Possibly I just overlooked it.

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#1000509 - 07/21/08 04:35 PM Re: Credit Card Bin Number illinoisbank
Dan Persfull Online
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 46,957
Bloomington, IN
I haven't been on their site for a long time but start here:

MC

St. Louis
OPERATIONS CENTER
2200 MasterCard Blvd
O’Fallon, MO 63368+7263 U.S.A
Telephone: 636.722.6100


I didn't find any such listing on Visa's Web site.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#1003107 - 07/23/08 08:24 PM Re: Credit Card Bin Number Dan Persfull
ItNeverEnds CRCM Offline
Platinum Poster
Joined: Oct 2006
Posts: 992
Looking for my sanity
Your EFT processor should be able to help you with this. Especially for a new bank - you might not go directly through Visa due to costs (you might go through ICBA or another group). Once you contract with your EFT processor, they will be able to get all the agreements for you and help you through the process.
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"The reason I talk to myself is because I'm the only one whose answers I accept."
- George Carlin

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