BIN 506118 — Lookup & Card Details

Check bank, country, card type, and issuer information for BIN 506118.

What is BIN 506118?

BIN 506118 is on the Verve network.

A Bank Identification Number (BIN, or Issuer Identification Number / IIN) is the first 6 to 8 digits of any payment card. It tells the payment network which institution issued the card, what kind of card it is, and where it was issued. The card runs on the Verve network.

Verve is Africa's largest domestic card scheme, issued primarily in Nigeria with BINs in the 506099–506198 and 650002–650027 ranges.

Merchants, fraud teams, ad platforms and developers use BIN data to route transactions, localize checkout, detect chargebacks and decide which card products they accept. BIN 506118 itself is public metadata — it identifies the issuer, not the cardholder.

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BIN 506118, digit by digit

Each position in a BIN carries defined meaning under ISO/IEC 7812. Here is how the 6 digits of 506118 break down.

5Major Industry Identifier — Banking & financial (Mastercard, Maestro)

0Issuer range digit 2 of the 6-digit prefix

6Issuer range digit 3 of the 6-digit prefix

1Issuer range digit 4 of the 6-digit prefix

1Issuer range digit 5 of the 6-digit prefix

8Issuer range digit 6 of the 6-digit prefix

BIN 506118 — frequently asked questions

Which bank issued BIN 506118?

The live registry lookup doesn't currently return a bank name for BIN 506118. The prefix resolves to the Verve network, and issuer details may appear as registries update — newly issued and virtual ranges often lag.

What card network does BIN 506118 run on?

BIN 506118 runs on the Verve network. Verve is Africa's largest domestic card scheme, issued primarily in Nigeria with BINs in the 506099–506198 and 650002–650027 ranges.

Is it legal to look up BIN 506118?

Yes. BIN 506118 is public infrastructure data under the ISO/IEC 7812 standard — it identifies the issuing program, not any cardholder. No personal or account data is involved in a BIN lookup.

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Related BIN ranges

Browse neighboring BINs — useful when pinpointing a card range.

Lower BINs

506108 506109 506110 506111

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