Finibanco S.A. SWIFT/BIC code

Finibanco S.A. SWIFT code: FBCOPTPP

If an invoice shows FBCOPTPP or FBCOPTPPXXX, it is the same identifier for Finibanco S.A. in Portugal. Banks worldwide use these codes to route international transfers to the correct institution. You will need it mostly for payments that cross a border and payments in foreign currencies.

We wrote this page to help anyone who sends money to an account at Finibanco S.A. without mistakes. The SWIFT code alone does not identify an individual account holder; that is what the account number or IBAN is for.

Euro (EUR) and conversion costs

Portugal pays in the Euro, with the currency code EUR. When you pay money in a different currency gets converted at some point. You rarely see a separate line for that conversion; it is built into the rate.

Which bank converts the money matters, because each party uses its own rate. Compare what EUR the recipient gets via several services.

The EUR rate fluctuates constantly. For regular payments, a slightly better rate add up over time.

Verifying the SWIFT code of Finibanco S.A.

The most reliable source for the BIC is the recipient’s own bank details. If the code you have differs from FBCOPTPP or FBCOPTPPXXX, do not guess: check with the recipient or with Finibanco S.A. directly.

With a wrong code, the payment may be delayed, be returned or end up costing more. Remember the account number: a mistake there can be harder to correct than a wrong code.

An automatic check by your bank only tells you that the code is valid – not that it belongs to the person you mean to pay. Where available, a name check on the recipient gives extra certainty. When you pay someone new, some people start with a small test amount.

Head office or branch code at Finibanco S.A.?

Our directory lists 2 SWIFT/BIC codes for Finibanco S.A.. Besides the head office code FBCOPTPPXXX, there are codes for regional offices and specialised units.

If nobody asks you for a branch code, go with FBCOPTPPXXX. Only use a branch code when the recipient explicitly asks for it.

If you are not sure, check with the recipient for the exact BIC in their bank details. Branch codes can change when banks reorganise, so do not rely on old paperwork.

FBCOPTPP or FBCOPTPPXXX – which one to use?

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. In this case, that core is FBCOPTPP.

XXX at the end of FBCOPTPPXXX does not stand for a placeholder or an error: it indicates the main office of Finibanco S.A.. Some banking apps ask for 11 characters, and then you simply add XXX behind FBCOPTPP.

Enter the code in one piece, in capitals and without spaces, exactly as shown here. Watch for O versus 0 or the letter I and the digit 1.

Where our SWIFT data comes from

Our SWIFT/BIC directory is compiled from publicly available sources. It can happen that information here is no longer current after a merger or reorganisation. Figures such as the number of codes are from our directory and are not confirmed by Finibanco S.A..

Treat our data as a starting point, rather than as the last word – the bank details from the recipient are leading. GoldexPay is not affiliated with Finibanco S.A.. Found outdated information? Tell us through the contact page and we will look into it.

Watch out for payment fraud

Scammers regularly use payment requests with changed bank details sent from what looks like a familiar address. The fact that FBCOPTPP exists does not mean that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Verify changed bank details via a separate channel. Watch out for time pressure, odd spelling or a sender address that is slightly off. Already paid? Contact your bank without delay and ask them to try to recall the payment and report the fraud.

Recipients can be targeted as well: one known trick is a buyer who pays too much followed by a request to refund the difference abroad. Wait until the money has really arrived.

Do you need FBCOPTPP for a SEPA transfer?

Portugal is part of the Single Euro Payments Area (SEPA), the zone for uniform euro payments. When you send euros from another SEPA country, the IBAN is usually enough.

You will still need FBCOPTPPXXX when sending non-euro payments or money from outside the SEPA area. Some banks and apps still ask for the BIC; in that case, fill in FBCOPTPP or FBCOPTPPXXX.

Instant payments in euros are increasingly supported within SEPA – whether Finibanco S.A. offers them for your account is worth checking. As long as no currency is converted, a SEPA transfer tends to be cheap; costs rise once a conversion is involved.

Getting paid from abroad into a Finibanco S.A. account

If you are waiting for a payment from another country, give the sender everything they need in one go. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the BIC FBCOPTPPXXX and sometimes your address.

It helps to include Finibanco S.A. and its city as well. Double-check the details before you send them, because the sender’s bank usually copies them as is.

Expect that the amount credited is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, Finibanco S.A. may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. Make clear with the sender who pays which costs before the money is sent.

Paying someone abroad from your Finibanco S.A. account

When you send money to another country from Finibanco S.A., the fee you see is rarely all of what you pay. Besides a fixed fee, banks in between can deduct a fee, and if the money changes currency the bank often uses a rate that is less favourable than the actual market rate.

Most of the cost usually sits in the exchange rate, not in the fee: many banks convert at a rate that includes a margin. Check the rate you are offered with the mid-market rate; the gap is what conversion costs you.

For many currency pairs, a specialist provider is less expensive than a traditional bank transfer – mostly thanks to the rate. Next time you send money, take a minute to compare the total cost on GoldexPay. You can always keep your account at Finibanco S.A. as the source of the money.

How long does an international transfer to Finibanco S.A. take?

How quickly a payment reaches Finibanco S.A. depends on a few things: which currency you send, the number of banks in between, daily processing deadlines and time zones. Bank holidays in either country can add a day or more. Compliance checks by one of the banks can also add a delay, even when all details are correct.

When a payment takes longer than expected, ask the sending bank about the status so they can trace it along the chain. Save the payment confirmation until the money has arrived; it contains the details a bank needs to start a trace.

A missing payment has to be investigated from the sending side. Ask the sender for a copy of the payment confirmation including the reference.