Added IBAN verification for Pakistani bank account using preg_match which intially checks for the pattern that is 'PK(2 check digits)(bank abbreviation--4 characters)(16 digits account number)' After that followed the steps:
- Move the two alphabetic character country code and check digit pair from the front of the IBAN to back
- Convert all alphabetic characters to numeric digits according to the standard character Conversion Table – ‘Annexure A’
- Take modulus 97 of the number obtained in the above step, if this remainder is 1, then the IBAN is valid