SWIFT Code BPNCCVC1 — BPN CABO VERDE IFI, PRAIA

About SWIFT Code BPNCCVC1 — BPN CABO VERDE IFI, PRAIA

SWIFT code BPNCCVC1 is the official 8-character head-office BIC (Bank Identifier Code) for BPN CABO VERDE IFI in PRAIA, Cape Verde. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BPN CABO VERDE IFI for all outward international remittances from PRAIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BPNCCVC1

The code BPNCCVC1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BPNCCVC1

Receiving International Wire Transfers

To receive money from abroad at your BPN CABO VERDE IFI account in PRAIA, share SWIFT code BPNCCVC1 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BPN CABO VERDE IFI, PRAIA must provide SWIFT code BPNCCVC1. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BPN CABO VERDE IFI in PRAIA rely on SWIFT code BPNCCVC1 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BPN CABO VERDE IFI →

For cheque clearing or NACH mandates, use the MICR code for BPN CABO VERDE IFI →

For TDS challan deposits, find the BSR code for BPN CABO VERDE IFI →

How SWIFT Code BPNCCVC1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BPNCCVC1 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BPN CABO VERDE IFI.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BPN CABO VERDE IFI receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BPNCCVC1

• Spaces or lowercase letters — Always enter BPNCCVC1 uppercase with no spaces.
• Using the wrong city — This code is for PRAIA only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Cape Verde.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BPNCCVC1 directly with BPN CABO VERDE IFI's PRAIA branch or via the SWIFT BIC Directory.