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IBAN for ISLE of MAN

Hello , I wanted to ask you about the IBAN used for Isle of man.

bank key to be used is IM and country key used for IBAN is GB.

Is this possible?As I know from 2006 IM country code should be used.

Also 2 check digits, that come right after the country code...how they are generated or where they are taken from?

Then I know follows 4 digits of SWIFT code

What to do when vendor requires to have bank key IM and country code GB?

Thanks a lot for letting me know

h

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