IBAN
IBAN in Portugal
25 characters, starting with PT. Structure, example and how to check it.
- Length
- 25 characters
- Country code
- PT
- SEPA area
- Yes
- Example
- PT50 0002 0123 1234 5678 9015 4
Length, check digits and structure are correct. This does not prove that the account exists or belongs to a given person.
Structure of the Portugal IBAN (PT)
| Positions | Length | Type | Meaning |
|---|---|---|---|
| 1–2 | 2 | letters | PT Country code |
| 3–4 | 2 | digits | 50 IBAN check digits |
| 5–8 | 4 | digits | 0002 Bank code |
| 9–12 | 4 | digits | 0123 Branch code |
| 13–23 | 11 | digits | 12345678901 Account number |
| 24–25 | 2 | digits | 54 National check digit |
How to check an IBAN from Portugal
Count the characters: a Portugal IBAN always has 25. Make sure it starts with PT, then paste it in the checker above: it verifies the two check digits with the mod 97 algorithm and the national structure. A single mistyped character is enough to make the check fail.
The IBAN (International Bank Account Number) identifies a bank account in an unambiguous way across borders. It starts with a two-letter country code, followed by two check digits and the national account number, which contains the bank code, often a branch code, and the account itself. Its length depends on the country: 15 characters in Norway, 27 in Italy and France, up to 33 in Russia.
Questions
How long is an IBAN in Portugal?
An IBAN in Portugal has 25 characters, always starting with the country code PT followed by two check digits.
What does an IBAN from Portugal look like?
A valid example is PT50000201231234567890154. The real IBAN of an account is printed on the bank statement and shown in the banking app.
Is Portugal part of SEPA?
Yes. Portugal belongs to the Single Euro Payments Area, so euro transfers to and from the other 35 SEPA countries follow the same rules and timing as domestic ones.
Can I receive euros from Portugal with iSwiss Pay?
Yes. The iSwiss Pay euro account has a Finnish IBAN and receives SEPA transfers from every bank in the area, including Portugal, usually within one working day.
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