Banco CTT SWIFT Code Guide for International Transfers

This article explains how to use the SWIFT/BIC code CTTVPTPL SIC of BANCO CTT, S.A. for cross-border remittances, emphasizing the importance of ensuring information accuracy. It also provides the bank's address information to assist users in efficiently and securely completing international transfers.
Banco CTT SWIFT Code Guide for International Transfers

When making cross-border payments, have you ever struggled to find the correct bank SWIFT/BIC code? This situation is more common than you might think, especially when dealing with thousands of financial institutions. For those needing to send or receive funds to Portugal's BANCO CTT, S.A., understanding the correct SWIFT code is crucial.

The SWIFT code for BANCO CTT, S.A. is CTTVPTPL SIC . This code isn't just a random combination of letters and numbers—it's the key to ensuring your funds safely reach the correct account. The code breaks down as follows: CTTV represents the bank code, PT the country code, PL identifies the location, and SIC specifies the particular branch.

According to available information, BANCO CTT's headquarters are located in Lisbon, Portugal, with the exact address being Edificio Atrium Saldanha, Praca Duque de Saldanha 1, Floor 3, Lisbon, 1050-094 . When initiating international transfers to this bank, always verify that your transaction includes these precise address details along with the city information.

Why does attention to detail matter when using the CTTVPTPL SIC code? The answer lies in ensuring smooth, error-free delivery of funds to the intended account. SWIFT codes form the backbone of international bank transfer systems, where even minor errors can result in returned payments or processing delays. Such situations may lead to additional fees or temporary freezing of funds.

It's important to note that SWIFT/BIC codes typically consist of 8 to 11 characters following this standardized format: the bank code (CTTV), country code (PT), location code (PL), and optional branch code (SIC). This structure enables financial institutions worldwide to quickly and accurately identify specific banks.

When sending or receiving international payments, always double-check the SWIFT/BIC code. By using the correct code and providing accurate address information, you enhance the efficiency of cross-border transfers, ensuring timely delivery of funds—whether for commercial transactions, personal remittances, or investments.

Understanding and properly using BANCO CTT, S.A.'s SWIFT code CTTVPTPL SIC not only safeguards your funds but also improves your international financial transactions. Remember: accurate information is the cornerstone of successful money transfers.