Banco Nacional de Angola SWIFT/BIC code

What BNANAOLD means for a payment to Banco Nacional de Angola

BNANAOLD and BNANAOLDXXX are two spellings of the same bank identifier, and both lead to Banco Nacional de Angola in Luanda. A SWIFT code tells the sending bank which institution is meant to get the money. In practice you mostly come across it on invoices from abroad, in your banking app and on the account details of Banco Nacional de Angola customers.

On this page we explain what the code means, when you need it and what else you need for a transfer to or from Banco Nacional de Angola. The SWIFT code alone does not identify an individual account holder; that is what the IBAN or account number is for.

Watch out for payment fraud

Stay wary when someone suddenly asks you to send money to a different account. A real SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Check changed bank details via a different channel like a call to a number from an earlier contract. Urgency and secrecy are warning signs; a genuine business can wait for you to check. If money has already gone to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to send back the difference to another account. Wait until the money has really arrived – ask Banco Nacional de Angola if something looks wrong.

What to give a sender who pays you at Banco Nacional de Angola

When you are waiting for a payment from another country, give the sender a complete set of details. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code BNANAOLDXXX and sometimes your postal address.

It helps to add the bank name and Luanda too, since some forms ask for it. Double-check the details before you share them, because the sender’s bank usually copies them as is.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin comes on top. For business payments, it is common to agree how the fees are split to avoid a shortfall.

Tracking a transfer to or from Banco Nacional de Angola

An international transfer usually takes anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made after the cut-off time or on weekends and holidays usually start a business day later. Occasionally a bank asks about the purpose of a payment.

When a payment takes longer than expected, ask your bank about the tracking status. Save the payment confirmation.

A delayed transfer has to be traced by the sending bank, using the payment confirmation. On the receiving end, it helps to look at your account for a slightly lower amount, since fees may have been deducted.

Banco Nacional de Angola: head office code versus branch codes

We have 3 SWIFT/BIC codes for Banco Nacional de Angola, spread over 1 cities. Next to the head office code BNANAOLDXXX, there are codes for branches, departments or specific services.

If nobody asks you for a branch code, go with BNANAOLDXXX or its short form BNANAOLD. Just use a branch code when the recipient gives you that exact code, for example on an invoice or in their bank details.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Codes are sometimes changed or retired over time, so a code from an old document is not always valid.

Why Banco Nacional de Angola has an 8- and an 11-character code

The structure of a BIC never changes: four characters for the institution, two for the country and a two-character location code, sometimes followed by a branch code. Combined, these eight characters make up BNANAOLD, the code most people search for.

Most banks and apps accept both lengths. If yours asks for eleven characters, use BNANAOLDXXX, otherwise BNANAOLD is fine.

In practice the code is typed in capitals and without spaces. Copying the code beats typing it by hand.

Paying someone abroad from your Banco Nacional de Angola account

The price of a payment abroad has more than one component, and the transfer fee is only the most visible one. Besides the transfer fee, banks in between may deduct a fee, and when currencies are converted, the bank usually uses a rate below the real market rate.

Many banks rarely list their exchange rate markup as a cost. Check their rate with the mid-market rate. The difference is your real conversion cost.

For many routes, a specialist provider turns out to be cheaper than a traditional bank transfer. GoldexPay compares transfer providers next to each other, showing the amount the recipient gets. You can still use your account at Banco Nacional de Angola, while a cheaper service handles the conversion.

Where our SWIFT data comes from

The codes on this page are taken from public sources that we update regularly. Institutions reorganise, close branches and retire codes, and a directory never catches every change immediately. The figures we show reflect our own data and not on information from Banco Nacional de Angola itself.

For any payment of any size, always confirm the BIC with Banco Nacional de Angola or the recipient. GoldexPay is independent of Banco Nacional de Angola; we are a comparison site for money transfers. Found outdated information? Tell us via our contact form.

Is BNANAOLD still correct? How to check

Have the recipient send you the account details directly from a recent statement. If the code you have differs from BNANAOLD or BNANAOLDXXX, stop and ask – contact the recipient or Banco Nacional de Angola.

Mistakes in the SWIFT code are annoying more than disastrous: often the payment comes back, minus fees. Do not forget the account number: a mistake there can be more difficult to correct than a wrong code.

An automatic check in your banking app merely confirms that the IBAN is valid. More and more banks compare the payee name against the account – do not ignore a mismatch warning. A small test payment is a sensible step for large sums, even if it costs an extra fee.