Free directory of all 71 correspondent bank SWIFT/BIC codes registered in PORTUGAL. Click any bank to view its full record and track an international SWIFT payment routed through it.
Portugal's Banco de Portugal participates in TARGET2 and the country's banks — Millennium BCP, Caixa Geral de Depósitos, Santander Portugal, and Novo Banco — process significant remittance flows from the Portuguese diaspora in France, Switzerland, Luxembourg, and Brazil. Lisbon is a growing fintech hub and a gateway for EUR payments into Lusophone Africa (Angola, Mozambique, Cape Verde).
| RTGS / Settlement System | TARGET2 (Banco de Portugal node) |
|---|---|
| Currency | EUR — Euro |
| Central Bank | Banco de Portugal |
| Typical SWIFT Timing | Same day (SEPA); 1–2 days (international) |
Most international SWIFT wires arrive in Portugal within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Portugal processes large-value interbank settlements through TARGET2. Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is EUR — Euro. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 71