IBAN for Millennium BCP
Millennium BCP is a major bank in Portugal. IBANs at Millennium BCP are 25 characters long with SWIFT/BIC code BCOMPTPL. Portugal's largest private bank. Bank code 0033.
Millennium BCP
Portugal · EUR
How to Pay Millennium BCP in Portugal via Bitwage
Portugal is in the SEPA zone. Bitwage routes payments to Millennium BCP accounts via SEPA instant transfer — typically settling in under 10 seconds, with fees far below a SWIFT wire.
Add Your Contractor
In Bitwage's contractor payments dashboard, add your Portugal contractor. Enter their Millennium BCP IBAN (25 characters) and SWIFT code BCOMPTPL.
Fund Your Bitwage Balance
Deposit USD into your Bitwage Balance. No need to pre-convert to local currency — Bitwage handles FX at a locked rate.
Execute the Payment
Bitwage converts your USD to EUR and routes via SEPA. Your contractor's Millennium BCP account is credited — typically same day.
Compliance & OFAC Screening
Bitwage screens every payment against OFAC sanctions lists before execution. International payments to Portugal may require standard EU AML checks and contractor W-8BEN documentation. Bitwage handles this automatically for all Portugal payments.
Key Terms & Resources
Other Banks in Portugal
Also paying contractors at other Portugal banks?
Millennium BCP IBAN FAQ
Common questions about Millennium BCP IBAN format, SWIFT code, and paying Portugal contractors.
Millennium BCP IBANs are 25 characters long and start with PT. A typical example is PT50 0033 0000 4569 8030 0020 5. Portugal's largest private bank. Bank code 0033. For international payments you will also need the SWIFT/BIC code BCOMPTPL.
The SWIFT/BIC code for Millennium BCP is <strong>BCOMPTPL</strong>. This identifies Millennium BCP on the global SWIFT international wire transfer network. For SEPA transfers within the EU/EEA, the IBAN alone is sufficient — the SWIFT code is only required for non-SEPA international wires.
Add your contractor's Millennium BCP IBAN to Bitwage's {{link:products/contractor-payments}} platform. Since Portugal is in the SEPA bank transfer zone, Bitwage routes the payment via SEPA instant — typically settling in seconds at near-zero cost. No SWIFT wire fee.
Yes. With {{link:products/masspay}} you can include any number of Portugal contractors — including multiple Millennium BCP accounts — in a single CSV payment run. Bitwage validates each IBAN, locks the FX rate lock, and routes all payments simultaneously.
Related Resources
Pay Millennium BCP in Portugal
Without the SWIFT Fee
Skip the $25–50 wire fee. Bitwage routes via SEPA instant — faster and cheaper for every contractor payment.