Does BANCO BAI EUROPA, SA accept SEPA Instant?

BANCO BAI EUROPA, SA (BAIPPTPLXXX, LISBON, Portugal) has been registered for SEPA Instant since 7 October 2024 according to the EPC register.

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Registered for SEPA Instant

Listed in the EPC SCT Inst register. Registration does not guarantee every transfer will be accepted.

Institution
BANCO BAI EUROPA, SA
BIC / SWIFT
BAIPPTPLXXX
City
LISBON
Country
Portugal

SEPA scheme participation

SchemeStatusReadiness date
SEPA Credit Transfer (SCT)Registered28 January 2008
SEPA Instant (SCT Inst)Registered7 October 2024
SEPA Direct Debit CoreRegistered3 October 2016

Portugal is in the euro area. Under Regulation (EU) 2024/886, its banks must be able to receive instant euro transfers since 9 January 2025 and send them since 9 October 2025. Payment and e-money institutions have until 9 April 2027.

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Frequently asked questions

Does BANCO BAI EUROPA, SA accept SEPA Instant transfers?

It has been listed in the EPC SCT Inst register since 7 October 2024.

What is the BIC code of BANCO BAI EUROPA, SA?

BAIPPTPLXXX.