Caixa Económica do Porto

    Address  4000-252, Portugal, Porto, R. Formosa, 325 - 1º
Bank Identifiers 
    MFI ID  PT57
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

Caixa Económica do Porto is located at Portugal, Porto. 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 (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.

Bank BIC Code  CAEP
Country Code  PT (Portugal)
Location Code  P1
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 (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.


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 Caixa Económica do Porto 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

Related Information on Portugal

Economy and Banking Sector of Portugal

List of Banks in Portugal

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