International money transfers to Portugal's Bankinter can be challenging, especially when dealing with SWIFT codes. An incorrect code may lead to delayed or returned transfers. This guide provides essential information about Bankinter Portugal's SWIFT/BIC code to ensure smooth cross-border transactions.
Understanding SWIFT/BIC Codes
Before examining Bankinter Portugal's specific code, it's important to understand what SWIFT/BIC codes represent. The SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, also known as BIC (Bank Identifier Code), serves as a bank's international identification. This 8-11 character alphanumeric code identifies banks and their branches, ensuring funds reach the correct destination.
Bankinter Portugal's SWIFT/BIC Code: BKBKPTPLMCA
The primary SWIFT/BIC code for Bankinter Portugal is BKBKPTPLMCA . This code functions as the bank's official identifier in international financial transactions.
- Bank Name: BANKINTER SA-SUCURSAL EM PORTUGAL
- SWIFT Code: BKBKPTPLMCA
- Bank Address: PRACA MARQUES DE POMBAL 13, FLOOR 2
- City: LISBON
- Country: PORTUGAL
When to Use BKBKPTPLMCA
The SWIFT code BKBKPTPLMCA should be used in these situations:
- When transferring funds internationally to a Bankinter Portugal account
- When the recipient hasn't provided a specific branch SWIFT code
- When Bankinter Portugal processes payments through its headquarters
- When using the bank's default primary SWIFT code
Verification Is Crucial
While BKBKPTPLMCA serves as Bankinter Portugal's primary SWIFT code, verification remains essential:
- Confirm all details with the recipient before initiating transfers
- Contact Bankinter Portugal directly for official confirmation
Additional Considerations for International Transfers
Beyond the SWIFT code, these factors affect successful international transfers:
- Ensure recipient name and address match bank records exactly
- Verify account numbers carefully
- Select the correct currency to avoid conversion fees
- Understand potential intermediary bank charges
- Provide accurate transfer purpose descriptions when required
Finding SWIFT Codes
Several methods exist for locating SWIFT codes:
- Online SWIFT code search tools
- Official bank websites
- Bank customer service representatives
Case Study: A Successful Transfer Experience
A father transferring funds to his daughter studying in Portugal used Bankinter Portugal's SWIFT code BKBKPTPLMCA along with verified account details. The accurate information ensured the timely arrival of funds without complications.
International banking transactions become straightforward when using correct SWIFT codes and verified banking details. Bankinter Portugal's primary SWIFT/BIC code BKBKPTPLMCA facilitates efficient cross-border transfers when used with proper verification procedures.