Standard IBAN Format in Portugal

Below is the typical IBAN for Portugal. It contains 25 characters. Read more to find out breakdown details on IBAN in Portugal.

PT 50 0002 0123 12345678901 54

Item Length Example
Country 2a PT
IBAN Checksum 2n 50
Bank Code 4n 0002
Branch Code 4n 0123
Account Number 11n 12345678901
Check Digit 2n 54
Note : a - alphabets (letters only), c - characters (letters & numbers), n - numbers (numbers only)

The downside of international transfers with your bank

When you send or receive an international wire with your bank, you might lose money on a bad exchange rate and pay hidden fees as a result. That’s because the banks still use an old system to exchange money. We recommend you use TransferWise, which is usually much cheaper. With their smart technology:

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Generate & Validate IBAN

Click on "Generate" button below to use IBAN Calculator to generate IBAN or "Validate" button to check IBAN for bank account in Portugal.

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