IBAN
IBAN in Portugal
A Portugal IBAN has 25 characters. See its structure field by field, a valid example, and check or calculate an IBAN.
At a glance
- Length
- 25 characters
- Starts with
- PT
- Example (electronic)
- PT50000201231234567890154
- Example (print)
- PT50 0002 0123 1234 5678 9015 4
- SEPA
- Yes — euro transfers by SEPA
- Bank code
- 4 digits, positions 5–8
Structure, field by field
PT50000201231234567890154
| Positions | Field | Length | Type | Example |
|---|---|---|---|---|
| 1–2 | Country code | 2 | letters | PT |
| 3–4 | Check digits | 2 | digits | 50 |
| 5–8 | Bank code | 4 | digits | 0002 |
| 9–12 | Branch code | 4 | digits | 0123 |
| 13–23 | Account number | 11 | digits | 12345678901 |
| 24–25 | National check digit | 2 | digits | 54 |
Check or calculate a Portugal IBAN
Where to find it
On the account holder’s bank statement, in their online or mobile banking under account details, or on the invoice of a supplier who wants to be paid by transfer. If you only have the bank code and account number, the calculator above builds the IBAN — but confirm the result with the beneficiary.
SWIFT codes for banks in Portugal →Questions
- How many characters is a Portugal IBAN?
- 25, always starting with PT. In print it is written in groups of four: PT50 0002 0123 1234 5678 9015 4.
- Can I pay a Portugal IBAN by SEPA?
- Yes, in euro. Portugal is in the SEPA area, so a euro transfer to this IBAN needs no SWIFT code and usually arrives the same or next business day.
- Does a valid IBAN mean the account exists?
- No. The check digits prove the number is well-formed, which catches almost every typo. Only the beneficiary’s bank can confirm the account is open and in their name.
Paying an IBAN in Portugal?
See the fee and the exchange rate before you confirm, and the day the money should arrive.