MPIOPTPLXXX Streamlines International Money Transfers Safely

Published: 08/20/2025
International Remittance SWIFT Code Portuguese Bank
This article provides a detailed overview of the SWIFT/BIC code MPIOPTPLXXX for CAIXA ECONOMICA MONTEPIO GERAL bank, highlighting its significance in international remittances. It emphasizes the necessity of verifying the SWIFT code to ensure the security of funds and the smooth execution of transactions.
MPIOPTPLXXX Streamlines International Money Transfers Safely

In global financial transactions, the correct use of SWIFT codes is essential to ensure fund security and successful delivery to the intended recipient. For those looking to send money internationally to CAIXA ECONOMICA MONTEPIO GERAL, understanding its SWIFT code—MPIOPTPLXXX—is crucial.

The Importance of SWIFT Codes in International Banking

CAIXA ECONOMICA MONTEPIO GERAL, headquartered in Lisbon, Portugal, is a well-established financial institution with a strong reputation. Its SWIFT/BIC code, MPIOPTPLXXX, serves as a critical identifier in international money transfers, connecting senders and recipients across borders. This code, consisting of 8 to 11 characters, precisely identifies the bank, its country, and sometimes even its branch location.

Breaking Down the SWIFT Code MPIOPTPLXXX

To ensure accuracy in transactions, it is important to verify that MPIOPTPLXXX is the correct SWIFT code for the intended recipient. Here’s how the code is structured:

  • First 4 characters (MPIO): Bank code, identifying CAIXA ECONOMICA MONTEPIO GERAL.
  • Next 2 characters (PT): Country code, indicating Portugal.
  • Last 3 characters (PLXXX): Location and branch identifier (XXX may represent the primary office or specific branch).

Ensuring a Smooth Transaction

Mistakes in entering the SWIFT code can lead to delays or failed transactions. When sending funds to CAIXA ECONOMICA MONTEPIO GERAL, always confirm:

  • The recipient’s account details match the SWIFT code.
  • The correct branch is selected if a specific location is required.
  • Additional banking details, such as IBAN, are provided where necessary.

By paying attention to these details, senders can minimize risks and ensure their funds reach the intended destination securely and efficiently.

Conclusion

In international banking, accuracy is paramount. The SWIFT code MPIOPTPLXXX serves as a vital link between financial institutions, enabling seamless cross-border transactions. Verifying this code before initiating a transfer is a simple yet effective way to safeguard funds and maintain smooth financial operations.

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