Banco BIC Português, SA

Registration Name  Banco BIC Português, SA
Location  Portugal, Lisboa

Bank Identifiers 
    BIC (SWIFT)  BPNPPTPL
    MFI ID  PT79
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

Banco BIC Português, SA is located at Portugal, Lisboa. It is one of 151 credit institutions operating in Portugal.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

BIC  BPNPPTPL
Bank BIC Code  BPNP
Country Code  PT (Portugal)
Location Code  PL
Branch Code  -

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  PT79

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Portugal are obliged to participate in Portuguese deposit guarantee scheme.

In the case of Banco BIC Português, SA failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Covered Accounts  any type of deposit, certificates of deposit
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information: Deposit Guarantee Scheme in Portugal

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  Yes
Exempt from MRR by ECB  No

Contact Information


Primary Address  1050-020, Lisboa, Avenida António Augusto de Aguiar, 132

Related Information on Portugal

Economy and Banking Sector of Portugal

List of Banks in Portugal