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BIN 524016 is issued by Hsbc Bank Bermuda Limited, from Bermuda, on the Mastercard network, as a credit card.
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. For BIN 524016, that institution is Hsbc Bank Bermuda Limited in Bermuda. The card runs on the Mastercard network. Transactions settle in BMD.
Mastercard is a global network whose BINs fall in the 51–55 and 2221–2720 ranges, accepted at merchants worldwide.
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 524016 itself is public metadata — it identifies the issuer, not the cardholder.
Each position in a BIN carries defined meaning under ISO/IEC 7812. Here is how the 6 digits of 524016 break down.
BIN 524016 is registered to Hsbc Bank Bermuda Limited in Bermuda. The issuing institution is recorded in the card networks' BIN registries and confirmed by the live lookup on this page.
BIN 524016 was issued in Bermuda, where card transactions settle in BMD. Country of issuance is set by the issuing institution's registration, not by where the card is used.
BIN 524016 runs on the Mastercard network as a credit card (Mastercard Black). Mastercard is a global network whose BINs fall in the 51–55 and 2221–2720 ranges, accepted at merchants worldwide.
Yes. BIN 524016 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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