Portigon AG SWIFT/BIC code

SWIFT/BIC code of Portigon AG

PORTDEDD and PORTDEDDXXX are two ways of writing the same SWIFT/BIC code, and both lead to Portigon AG in Duesseldorf. A SWIFT code tells the banks handling a payment exactly which bank should receive the money. You will need it mostly for payments that cross a border.

We wrote this page to help anyone who sends money to an account at Portigon AG without mistakes. The BIC identifies an institution, never a specific account; the IBAN or account number does that.

Is PORTDEDD still correct? How to check

Have the recipient copy the account details straight from a recent statement. Compare that code with PORTDEDD here.

An incorrect BIC may lead to a delay, a returned payment or extra fees along the way. Remember the IBAN: an error there can be harder to undo than a wrong BIC.

A validity check by your bank merely tells you that the code is valid, not that it is the right account. More and more banks check the payee name with the account; take any warning seriously. A small test payment is worth it for a large first payment despite the extra fee.

Head office or branch code at Portigon AG?

With 2 codes, Portigon AG belongs to the banks that register individual codes for parts of the organisation. The main code remains PORTDEDDXXX.

If nobody asks you for a branch code, go with PORTDEDDXXX. When you receive a branch code, use it as it is rather than swapping it with the head office code.

The safest route is to copy the code straight from the recipient’s statement. Branch codes are more likely to change than the head office code.

Incoming international payments to Portigon AG

If you are waiting for a payment from another country, send the payer everything they need in one go. Give them the account holder’s name, the IBAN or account number, the BIC PORTDEDDXXX and your address.

The sender’s bank might request the bank address of Portigon AG. A mistake in the IBAN can be more trouble than it looks.

The amount you receive can be lower than what was sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin applies. On invoices, you can state who bears the costs, so that nobody is left short.

SEPA payments and the Portigon AG BIC

Germany is part of the SEPA area. For a regular euro transfer within SEPA, you normally only need the IBAN; many banks no longer ask for the BIC.

You still need PORTDEDDXXX when sending non-euro payments or transfers from countries outside SEPA. If your banking app has a field for the BIC anyway, entering PORTDEDD is fine.

SEPA transfers usually arrive by the next business day; instant payments are faster if both banks offer them. Provided no currency is converted, the transfer is cheap.

How long does an international transfer to Portigon AG take?

A SWIFT payment usually needs one to a few business days, depending on the currency, the route and the banks involved. Transfers sent late in the day or just before weekends and holidays often go out the next business day. Sometimes a bank asks what the payment is for before releasing it.

When a payment takes longer than expected, ask your bank about the status and the transaction reference; with that reference banks can see where the payment is. Keep the payment confirmation until the money has arrived.

Only the sending bank can start an official trace or a recall; the receiving side usually has nothing to trace yet. Ask the sender for a copy of the payment confirmation – it helps your own bank look for the money.

Paying someone abroad from your Portigon AG account

If you transfer money abroad through Portigon AG, the fee you see is only part of what you pay. You pay the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate.

The markup on the rate tends to be the biggest cost. A simple test: put the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services frequently use rates closer to the mid-market rate and lower fees. GoldexPay compares these services next to each other, showing the amount the recipient gets. Using a transfer service does not require leaving Portigon AG.

About this information

Our SWIFT/BIC directory is based on publicly available sources and we update it periodically. Institutions merge, close branches and change codes. Counts and locations come from our own dataset.

Use this page as a starting point, not as the final word. GoldexPay has no connection to Portigon AG. Spotted outdated information? Tell us via our contact form and we will look into it.

The Euro and what conversion costs you

Germany uses the Euro. When you pay money in a different currency it gets converted at some point. You rarely see a separate charge for the conversion; it is built into the rate.

Where the conversion happens has an effect on the final amount, since every bank sets its own rate. In many cases it is cheaper if you send EUR directly through a provider with a good rate, so that the receiving bank does not need to convert again.

Exchange rates move all the time. With bigger transfers, a seemingly small difference in the rate adds up quickly.

8 or 11 characters: PORTDEDD versus PORTDEDDXXX

A SWIFT code is built from fixed blocks: characters one to four identify the bank, characters five and six give the country and characters seven and eight mark the location. For Portigon AG, the 8-character core is PORTDEDD.

Many banks and apps accept either length. If yours requires eleven characters, enter PORTDEDDXXX; if it wants eight, use PORTDEDD.

Do not add spaces, dots when you type PORTDEDD. A wrong letter can send the money to another bank, so check it twice.

Scams that use SWIFT codes

One of the most common tricks works like this: you receive a message saying that a supplier has a new bank account and that the next payment should go there. The fact that PORTDEDD exists is no guarantee that a request mentioning it is genuine; criminals use the codes of real banks too.

Always verify a change of bank details by phone, using a number you already had. Pressure and secrecy are red flags – a real supplier can wait a day. If a payment has already gone to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Scams can also work the other way: someone sends too much and asks you to return the difference to a new account. A payment confirmation from the sender proves nothing – check your own account.