SWIFT/BIC code MIDEPTP1XXX
MIDEPTP1XXX belongs to Midas Securities in Lisbon, Portugal.
Code details
| SWIFT/BIC code | MIDEPTP1XXX |
|---|---|
| 8-character code | MIDEPTP1 |
| Branch code | XXX |
| Bank | Midas Securities |
| Branch | Head office |
| City | Lisbon |
| Country | Portugal |
How the Midas Securities SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MIDE Bank code
- 4 letters that identify the bank.
- PT Country code
- 2 letters for the country (ISO 3166).
- P1 Location code
- 2 characters for the city or region of the head office.
- XXX 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
Which bank is behind SWIFT/BIC code MIDEPTP1XXX?
The code MIDEPTP1XXX belongs to the head office of Midas Securities in Lisbon, Portugal. Use it when you send money to an account at Midas Securities.
What do the letters in MIDEPTP1XXX stand for?
MIDE is the institution code of Midas Securities, PT stands for Portugal, P1 is the location code and XXX means the head office.
What is the best way to send money to Midas Securities in Portugal?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Are MIDEPTP1 and MIDEPTP1XXX the same SWIFT code?
Yes. MIDEPTP1 is the short version of MIDEPTP1XXX. XXX simply refers to the head office, so either version routes your payment to Midas Securities in Lisbon.
How long does it take to send money to Midas Securities?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need MIDEPTP1XXX to send euros to Portugal?
Portugal belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need MIDEPTP1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.