# Libya (LY) IBAN & Bank Routing Validator
> Instant sub-1ms ISO 13616 MOD-97 checksum validation, BBAN decomposition, and bank routing extraction for Libya (LY) bank accounts.

- **Canonical URL:** https://stanzaapi.com/tools/iban-validator/country/libya-ly
- **Governing Standard:** ISO 13616 / ISO 7064 MOD-97-10 (SWIFT & ISO 13616 IBAN Registry)
- **Latency:** <1ms Edge
- **Privacy:** In-memory execution only (zero data stored or logged)

## Technical Overview & Governing Rules
In Libya, the International Bank Account Number (IBAN) has a fixed length of 25 alphanumeric characters starting with the two-letter ISO 3166-1 alpha-2 country code 'LY', followed by two MOD-97 check digits.

The National Basic Bank Account Number (BBAN) follows the official pattern: 21n. The national bank code is located at BBAN character offset [0:3]. The branch identifier is at offset [3:6].

National IBAN transfers in Libya (LY) are settled in LYD.

Validation computes the ISO 7064 Modulo-97-10 checksum by transposing the first 4 characters to the end, converting letters to numeric digits (A=10, ..., Z=35), and calculating arithmetic integer modulo 97 (must equal 1).

## Specification Matrix
| Attribute | Value | Description |
| --- | --- | --- |
| Country Code | LY | ISO 3166-1 alpha-2 |
| Total IBAN Length | 25 characters | Fixed standard length |
| BBAN Format | 21n | National structure (n=numeric, a=alpha, c=alphanumeric) |
| SEPA Zone | No | SEPA compliance status |
| Currency (ISO 4217) | LYD | National settlement currency |
| Bank Code Position | BBAN Offset 0 (3 chars) | National clearing code |
| Branch Code Position | BBAN Offset 3 (3 chars) | Branch identification |

## Standard JSON Response Model
```json
{
  "valid": true,
  "iban": "LY00...",
  "countryCode": "LY",
  "countryName": "Libya",
  "length": 25,
  "bban": "21n",
  "sepa": false,
  "checksumValid": true,
  "bankCode": "XXXX"
}
```

## Frequently Asked Questions & Edge Cases
### Q: How many characters is an IBAN in Libya?
**A:** An official IBAN in Libya (LY) is exactly 25 characters in length. Any shorter or longer value fails ISO 13616 validation.

### Q: Is Libya part of the SEPA payment network?
**A:** Libya is not a SEPA participant and relies on SWIFT/BIC wire routing.

### Q: What currency are Libya IBAN transfers settled in?
**A:** IBAN transfers for Libya (LY) settle in LYD, the national settlement currency. Cross-border SEPA transfers to Libya may still be denominated in EUR where both banks support the scheme.

### Q: How is the MOD-97 check digit calculated for LY IBANs?
**A:** The first 4 characters are moved to the end, letters are converted to numbers (A=10 to Z=35), and the resulting number is evaluated with modulo 97 arithmetic. A valid IBAN yields a remainder of exactly 1.