only smugglers are crying.
without an IBAN no bank can operate an international chain. Basically the smugglers are reluctant to provide source of money transfers to buy a vehicle.
"The IBAN also acts as a method of verifying that transaction inward outwards details are not fake"
what people term over this forum as import / personal import etc etc was nothing but money laundering and smuggling of vehicles using fake passports.
i can assure you nobody followed legal procedure for money transfer and clearance for so called ' SELF IMPORT ' it was money laundering and fake passports. That is why there was no insurance for vehicle upon shipment after auction house sale,.