SWIFT / BIC Code
BGALPTTG
Banco de Portugal
BGALPTTG is the BIC (SWIFT code) of Banco de Portugal, based in Lisboa. Its IBANs are 25 characters long. The bank receives SEPA Instant transfers and answers Verification of Payee name checks.
Check an IBAN from Banco de Portugal
Paste an IBAN from Portugal to check its check digits and see which bank it belongs to.
BIC Breakdown
BGAL: institution identifier (4 letters)
PT: country code per ISO 3166-1
TG: location code (city / timezone)
Bank Details
Payments it can receive
Banco de Portugal's participation in the European payment schemes, from the EPC register of participants.
Verification of Payee lets the payer's bank compare the name typed on a euro transfer with the account holder's name. This page shows whether the bank takes part; ibanchecker.cash does not check names.
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IBAN format for 🇵🇹 Portugal
Portugal IBANs are 25 characters long.
Frequently Asked Questions
What is the SWIFT code for Banco de Portugal?
BGALPTTG. Written with the head-office branch code it is BGALPTTGXXX; both forms reach the same bank. A euro transfer within SEPA needs only the IBAN.
What does BGALPTTG mean?
"BGAL" identifies Banco de Portugal, "PT" is the country code for Portugal, "TG" is the location code.
How long are Banco de Portugal IBANs?
25 characters, like every IBAN from Portugal: the country code PT, two check digits, the bank code (4 digits), the branch code (4 digits), the account number (11 digits) and the check (2 digits).
Can I send an instant transfer to Banco de Portugal?
Yes. The European Payments Council lists Banco de Portugal in SEPA Instant Credit Transfer since 2 December 2024, so an instant euro transfer from a participating bank reaches its accounts in seconds.
Does Banco de Portugal confirm the payee's name?
Yes. It answers Verification of Payee requests (since 5 October 2025), so the payer's bank can compare the name entered with the account holder's name before a euro transfer is sent.