A Note from SettleMINT EFT: Changes to Visa and Mastercard BIN Requirements Coming 2022

Beginning April 2022, CU*BASE BIN processing will be changing to accommodate a mandate that expands BINs from six to eight digits; this change is being mandated due to a growth in electronic payments.

We are currently reviewing our processing procedures to determine what will change on CU*BASE.  To begin, we have created a report for each credit union which lists all of your BINs, up to the 8th digit, that have active/warm status cards in the ATM/debit or credit card portfolio (this could include suspended BINs if cards still exist within them).  This report, named “8 Digit BIN Report” (UT8BINR_B) has been placed in your HOLDxx outq.

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