The SWIFT code for BANCO DE PORTUGAL is BGALPTPLFR1
While the main BANCO DE PORTUGAL SWIFT code (ending in XXX) can be used for general transfers, using the branch-specific code BGALPTPLFR1 ensures your funds are routed directly to the LISBON clearing system. This reduces manual processing at the head office and can speed up your transfer by up to 24 hours.
| Bank Name | BANCO DE PORTUGAL |
| Bank Address | AV. DA REPUBLICA 57, FLOOR 7, LISBON, LISBON, 1050-189 |
| City | LISBON |
| Postcode | 1050-189 |
| Country | 🇵🇹 Portugal |
| Bank Code | BGAL |
| Country Code | PT |
| Location Code | PL |
| Branch Code | FR1 |
Other BANCO DE PORTUGAL Branches in LISBON
If you are looking for branches near LISBON, you may also need the SWIFT codes for the locations below.
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Sending money to family or friends shouldn’t be stressful. Understanding the fees and delivery times helps you feel confident about your transfer. At Remitly, we make the process simple, affordable, and secure. You’ll know the total cost and delivery time before completing your transfer. Choose a payment method that suits you, whether it’s a debit or credit card.
Get started nowSending Money to BANCO DE PORTUGAL in LISBON
Follow these three steps to ensure your international wire transfer reaches the correct account at the LISBON branch without delays or hidden intermediary fees.
- Step 1: Collect Recipient Details. You will need the full legal name of the account holder and their IBAN (International Bank Account Number). For Portugal, IBANs typically start with the prefix PT.
- Step 2: Enter the SWIFT/BIC Code. When prompted by your banking app or wire service, enter BGALPTPLFR1. This unique 11-character identifier ensures the funds are routed specifically to the BANCO DE PORTUGAL systems in LISBON.
- Step 3: Confirm the Transfer Method. If you are sending from within Europe, select SEPA for lower fees and faster delivery. For transfers from outside the EU (e.g., USA, India, or Australia), ensure you select SWIFT/International Wire and double-check if your bank requires an intermediary bank for Portugal transactions.
Where can I find my SWIFT/BIC code?
You can find your SWIFT/BIC code in several easy-to-locate places:
- On your bank statements, either printed or online.
- Inside your online banking portal, under account information.
- On your bank’s official website, usually in their international banking or FAQ section.
- By directly contacting your bank’s customer service.
Online resources like SWIFT Codes Finder can be really helpful.
Example of transaction information
- Beneficiary Name: [Recipient Name]
- Bank: [Bank Name]
- SWIFT/BIC Code: [SWIFT Code]
- Bank Address: [Street, City, Country]
- Account Number/IBAN: [Account Number or IBAN]
Frequently Asked Questions
Should I use this specific code or the BANCO DE PORTUGAL head office code?
While the BANCO DE PORTUGAL head office code (ending in XXX) is often accepted, using BGALPTPLFR1 is the best way to ensure your money reaches the LISBON branch directly. By using the branch-specific code, you bypass the central sorting queue at the head office, which can often speed up the processing of your international transfer by a full business day.
Can I receive international payments at the branch in LISBON?
Yes, the office in LISBON is fully equipped to receive international wire transfers via the SWIFT network. To ensure the funds are credited correctly, you must provide the sender with the SWIFT/BIC code BGALPTPLFR1 and your full IBAN associated with your account at this location.
What is the correct address for a wire transfer to LISBON?
When you are asked for the "Beneficiary Bank Address" on a wire transfer form, you should provide the specific physical location in LISBON to ensure a smooth verification process:
BANCO DE PORTUGAL
AV. DA REPUBLICA 57, FLOOR 7, LISBON, LISBON, 1050-189, 1050-189, LISBON, Portugal
How long does it take for money to arrive at this Portugal location?
Typically, an international transfer to the branch in LISBON takes between 1 and 3 business days. To avoid delays, ensure the sender uses the specific code BGALPTPLFR1. Transfers initiated on weekends or during local public holidays in Portugal may take slightly longer to reflect in your account.
What happens if I use the SWIFT code for the wrong branch?
If you accidentally use a code for a different BANCO DE PORTUGAL location instead of the one in LISBON, your money is rarely lost. Instead, the bank will usually perform a "manual repair" to route the funds to the correct account based on your IBAN. However, this manual intervention often incurs a small additional fee and can delay the deposit by 24 to 48 hours.
Is this the same as the IBAN for my account in LISBON?
No. The SWIFT code BGALPTPLFR1 identifies the BANCO DE PORTUGAL branch in LISBON, whereas your IBAN identifies your specific, individual bank account. For a successful international transfer, you must provide both pieces of information to the sender.
SWIFT Codes for main Portugal banks
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