Banco de Negocios Internacional SWIFT/BIC code

What BNICAOLU means for a payment to Banco de Negocios Internacional

BNICAOLU and BNICAOLUXXX are two spellings of the same SWIFT/BIC code, and both lead to Banco de Negocios Internacional in Luanda. A BIC has a single purpose: it makes sure that an international payment reaches the right bank. In daily life you usually come across it on invoices from abroad, in your banking app and on the account details that Banco de Negocios Internacional provides.

We wrote this page to help people who pays into an account at Banco de Negocios Internacional without mistakes. The SWIFT code alone cannot identify an individual account holder; for that you need the account number or IBAN .

Watch out for payment fraud

Be wary when someone unexpectedly asks you to send money to a different account or a bank in another country. A valid SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify new bank details via a different channel like a call to a number from an earlier contract, not by replying to the message. Pressure or requests to keep it quiet tend to be red flags. Already paid? Contact your bank without delay and ask them to try to recall the payment and report the fraud.

Scams also work the other way. Someone sends more than agreed and wants you to return the extra via a different route. Do not act before the money has really arrived.

About this information

The details here are taken from publicly available data which we refresh regularly. It can happen that a code on this page is no longer current. Counts and locations come from our own dataset and may differ from what Banco de Negocios Internacional publishes.

See the information here as a helpful check, and let the details from the recipient or Banco de Negocios Internacional have the final say. GoldexPay is an independent comparison site for money transfers and not affiliated with Banco de Negocios Internacional. Spotted an error? Tell us through the contact page and we will look into it.

When will the money arrive at Banco de Negocios Internacional?

A SWIFT payment typically needs one to a few business days. Transfers sent after the cut-off time or on a weekend or public holiday often go out a business day later. Sometimes a bank wants to know what the payment is for before releasing it.

Many banks are connected to SWIFT gpi. Every payment gets a unique reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt until the recipient confirms.

If a payment has not arrived within the expected time, the sender needs to start with the bank that sent it rather than Banco de Negocios Internacional. Ask the sender for a copy of the payment confirmation including the reference; that often settles the question quickly.

Getting paid from abroad into a Banco de Negocios Internacional account

For a transfer from abroad into your account at Banco de Negocios Internacional, the sender needs not just the BIC. In practice that means: your name as registered with Banco de Negocios Internacional, your IBAN or account number, the BIC BNICAOLUXXX (or BNICAOLU) and usually your address.

You can include the bank name and its city as well, since some forms ask for it. A mistake in your account number can be more trouble than it looks, so copy the details from your online banking.

An incoming payment does not always arrive in full. Intermediary banks may deduct a fee, and if the currency changes, an exchange rate margin applies. On invoices, you can agree who bears the costs, so that nobody is left short.

Verifying the SWIFT code of Banco de Negocios Internacional

Ask the recipient to copy the account details straight from a recent statement. When the code you were given differs from BNICAOLU or BNICAOLUXXX, do not guess: check with the recipient or with Banco de Negocios Internacional directly.

Mistakes in the SWIFT code tend to be costly rather than disastrous: often the payment comes back, minus fees. Do not forget the IBAN: a mistake there is harder to correct than a wrong code.

Many banking apps check the format of IBANs. More and more banks compare the name with the account before you confirm; take any warning seriously. Sending a small amount first can be worth it for a large first payment, even if it costs an extra fee.

Banco de Negocios Internacional: head office code versus branch codes

Having 2 codes in 1 cities, Banco de Negocios Internacional is one of the banks that use individual codes for parts of the organisation and departments. The main code is BNICAOLUXXX.

If nobody asks you for a branch code, go with BNICAOLUXXX. If you have been given a branch code, use it as it is rather than replacing it with the head office code.

If you are not sure, check with the recipient for the exact BIC in their bank details. Codes for branches are more prone to be retired than BNICAOLUXXX.

Why Banco de Negocios Internacional has an 8- and an 11-character code

The structure of every SWIFT code never changes: four characters for the institution, a two-letter country code and a two-character location code, sometimes followed by a branch code. Combined, these eight characters form BNICAOLU – the version you usually see online.

Most banks and apps work with either length. If a form requires eleven characters, use BNICAOLUXXX.

Leave out spaces, dots when you type BNICAOLU; the code is always written in one block. Pasting the code is safer than typing it by hand, because one wrong letter changes the bank.

Sending money abroad from Banco de Negocios Internacional

What you pay for a payment abroad has several parts – not just the fee on your screen. You pay the transfer fee, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup if the currency changes.

Banks rarely list the margin on the rate separately, but you pay it all the same. A simple test: put the bank’s rate next to the mid-market rate and look at the difference.

Specialist money transfer services often offer rates closer to the mid-market rate. GoldexPay lists these services side by side, showing what actually arrives for the same amount sent. You can still use your account at Banco de Negocios Internacional as the source of the money.