SWIFT/BIC code BESCPTPLOSF
BESCPTPLOSF belongs to Novo Banco, SA in Funchal, Portugal.
Code details
| SWIFT/BIC code | BESCPTPLOSF |
|---|---|
| 8-character code | BESCPTPL |
| Branch code | OSF |
| Bank | Novo Banco, SA |
| Branch | Sucursal Financeira Exterior, Madeira Branch |
| City | Funchal |
| Country | Portugal |
The way the Novo Banco, SA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BESC Bank code
- 4 letters that identify the bank.
- PT Country code
- 2 letters for the country (ISO 3166).
- PL Location code
- 2 characters for the city or region of the head office.
- OSF Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank is behind SWIFT/BIC code BESCPTPLOSF?
BESCPTPLOSF identifies Sucursal Financeira Exterior, Madeira Branch, part of Novo Banco, SA in Funchal, Portugal. Only use it if the account is held at this specific branch.
What does each part of BESCPTPLOSF mean?
BESC is the bank code of Novo Banco, SA, PT stands for Portugal, PL is the code for the city or region and OSF identifies the branch Sucursal Financeira Exterior, Madeira Branch.
Do I need BESCPTPLOSF for a euro transfer to Portugal?
Portugal belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need BESCPTPLOSF.
How long does a transfer to Novo Banco, SA take in Portugal?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What is the best way to send money to Novo Banco, SA in Portugal?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
What happens if I enter BESCPTPLOSF with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check BESCPTPLOSF with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.