SWIFT/BIC code SIAOPTP1XXX
SIAOPTP1XXX belongs to Sibs Pagamentos, S.A. in Lisbon, Portugal.
Code details
| SWIFT/BIC code | SIAOPTP1XXX |
|---|---|
| 8-character code | SIAOPTP1 |
| Branch code | XXX |
| Bank | Sibs Pagamentos, S.A. |
| Branch | Head office |
| City | Lisbon |
| Country | Portugal |
How the Sibs Pagamentos, S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SIAO 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 BIC SIAOPTP1XXX?
The code SIAOPTP1XXX belongs to the main office of Sibs Pagamentos, S.A. in Lisbon, Portugal. It is the code to use when a payment to Sibs Pagamentos, S.A. does not need a specific branch.
Is SIAOPTP1 and SIAOPTP1XXX the same code?
Yes. SIAOPTP1 is the short version of SIAOPTP1XXX. XXX simply means head office, so either version routes your payment to Sibs Pagamentos, S.A. in Lisbon.
Do I need SIAOPTP1XXX to send euros to Portugal?
Portugal belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need SIAOPTP1XXX.
How long does a transfer to Sibs Pagamentos, S.A. take in Portugal?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What is the cheapest way to send money to Sibs Pagamentos, S.A. in Portugal?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.
Does Sibs Pagamentos, S.A. use a single SWIFT/BIC code?
Yes, SIAOPTP1XXX is the only SWIFT/BIC code listed for Sibs Pagamentos, S.A. in Portugal, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.