NOVO BANCO, SA, PORTO - SWIFT/BIC Code

NOVO BANCO, SA, PORTO - SWIFT Code Information

SWIFT Code / BIC

BESCPTPLOPR

Bank / Institution

NOVO BANCO, SA

Address

RUA JOSE FALCAO 176

City

PORTO

Postcode

4000

Country

Portugal

Connection

Active

BESCPTPLOPR - SWIFT Code Breakdown

SWIFT Code

BESCPTPL or BESCPTPLOPR

Bank Code

BESC - code assigned to NOVO BANCO, SA

Country Code

PT - code belongs to Portugal

Location & Status

PL - represents location, second digit means active code

Branch Code

OPR or not assigned, indicating this is a head office

Head Office

BESCPTPL - primary office of NOVO BANCO, SA, Portugal

What is a SWIFT Code BESCPTPLOPR?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

First 4 characters - bank code (only letters)
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.