PT
SEPA Member
Portugal IBAN Format
25-character IBAN · EUR Euro · SEPA zone
A Portugal IBAN is 25 characters long and always begins with the country code PT, followed by two check digits. The next 4 characters are the Bank Code. This is followed by the Branch Code (4 characters). The remaining 11 characters identify the individual account number. The Portugal IBAN uses the EUR (Euro) and is a <strong>SEPA member</strong>, meaning euro transfers from other SEPA countries are fast and low-cost.
Length
25
characters
Country Code
PT
ISO 3166-1
Currency
EUR
Euro
SEPA
Yes
SEPA member
Example IBAN
PT50 0002 0123 1234 5678 9015 4
PT
Country
50
Check Digits
0002
Bank Code
0123
Branch Code
12345678901
Account Number
54
National Check Digits
IBAN Structure
| Position | Length | Field | Type |
|---|---|---|---|
| 1–2 | 2 | Country Code | a |
| 3–4 | 2 | Check Digits | n |
| 5–8 | 4 | Bank Code | n |
| 9–12 | 4 | Branch Code | n |
| 13–23 | 11 | Account Number | n |
| 24–25 | 2 | National Check Digits | n |
n = numeric only (0–9)
a = alphabetic only (A–Z)
c = alphanumeric (0–9, A–Z)
Major Banks in Portugal
| Bank Name | Bank Code | BIC / SWIFT |
|---|---|---|
| Banco BPI | 0010 | BPIPPTPL |
| Caixa Geral de Depósitos | 0002 | CGDIPTPL |
| Millennium BCP | 0033 | BCOMPTPL |
| Santander Portugal | 0018 | BCOMPTPL |
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Quick Facts
- IBAN Length
- 25 chars
- Country Code
- PT
- Currency
- EUR
- SEPA
- Yes
- BBAN Format
- 21n