Portuguese IBAN Format & IBAN Structure Example

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The Portugal IBAN format consists of a two-letter country code, two check digits and a Basic Bank Account Number (BBAN). The BBAN includes information about the domestic bank and account number. Below you'll find examples for Portuguese IBAN numbers, format, structure, bank account breakdown, and the Portugal IBAN technical specification.

IBAN example in Portugal

Standard IBANPT50000201231234567890154
IBAN print formatPT50 0002 0123 1234 5678 9015 4
Country codePT
Checksum digits50
Bank code0002
Branch code0123
Account number12345678901
National check digit54
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IBAN structure in Portugal

A Portuguese IBAN consists of 25 alpha-numeric characters:

  • 2 letter country code
  • 2 digit checksum number
  • 4 characters from the bank's SWIFT / BIC or bank identification number
  • 4 digit code for the bank branch
  • 11 digit code for the bank account number
  • 2 digit code for national code

Portuguese IBAN codes contain all the country, bank, and account details required to send or receive money internationally.

Portuguese banks assign IBAN codes to each individual account to make sure that international transfers are processed correctly.

IBAN codes are used throughout Europe, and also accepted in some areas of the Middle East, North Africa and the Caribbean.

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Portuguese IBAN Technical Specification

Data ElementDescription - Pattern - Example
Name of countryPortugal
IBAN prefix country code (ISO 3166)PT
Country code includes other countries/territoriesN/A
SEPA countryYes
SEPA country also includesAzores, Madeira
Domestic account number example0002.0123.12345678901.54
BBAN
BBAN structure4!n4!n11!n2!n
BBAN length21
Bank identifier position within the BBAN1-4
BBAN example000201231234567890154
IBAN
IBAN structurePT2!n4!n4!n11!n2!n
IBAN length25
Effective dateApr-07
IBAN electronic format examplePT50000201231234567890154
IBAN print format examplePT50 0002 0123 1234 5678 9015 4
Contact Details
OrganisationSIBS Forward Payment Solutions
Street AddressRua Soeiro Pereira Gomes, Lote 1
City / Postcode1649-031 Lisboa
Department (generic) Emailwebmaster@sibs.pt
Department Tel+ 351 217813000
Central Bank Websitehttps://www.bportugal.pt/
Updates
Last update dateJan-14

IBAN specification conventions

Character representations:
  • n - Digits (numeric characters 0 to 9 only)
  • a - Upper case letters (alphabetic characters A-Z only)
  • c - Upper and lower case alphanumeric characters (A-Z, a-z and 0-9)
  • e - Blank space
Length indications:
  • nn! - Fixed length
  • nn - Maximum length
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ISO 13616-compliant national Portuguese IBAN breakdown

IBAN (print format)PT50 0002 0123 1234 5678 9015 4
IBAN (electronic format)PT50000201231234567890154
ISO Country CodePT (Portugal)
IBAN CheckSum Digits50
IBAN Length25
BBAN000201231234567890154
BBAN Length21
Bank Identifier0002
Account Number1234567890154
SEPA MemberYes
SEPA country also includes: Azores, Madeira
CurrencyEUR (Euro)
Organization NameSIBS Forward Payment Solutions

Terms and definitions

IBAN: stands for International Bank Account Number: The expanded version of the basic bank account number (BBAN), intended for use internationally. The IBAN uniquely identifies an individual account, at a specific financial institution, in a particular country and generally has a lenght of up to 34 alphanumeric characters. It is the ISO 13616 international standard for numbering bank accounts.

IBAN Structure: The IBAN structure is defined in ISO 13616-1 and consists of a two-letter ISO 3166-1 country code, followed by two check digits and up to thirty alphanumeric characters for a BBAN (Basic Bank Account Number) which has a fixed length per country and, included within it, a bank identifier with a fixed position and a fixed length per country. The check digits are calculated based on the scheme defined in ISO/IEC 7064 (MOD97-10).

Bank identifier: The identifier that uniquely identifies the financial institution and, when appropriate, the branch of that financial institution servicing an account. The branch identifier format is shown specifically, where present.

BBAN: basic bank account number: The identifier that uniquely identifies an individual account, at a specific financial institution, in a particular country. The BBAN includes a bank identifier of the financial institution servicing that account.

Checksum: The check digits enable validation of the bank account number at source to confirm its integrity before submitting a transaction.

Print format: The IBAN print format adds one space after every four characters whereas the electronic format contains no spaces.