The SWIFT/BIC code BNIFPTPLFUN is associated with BANIF – BANCO INTERNACIONAL DO FUNCHAL, S.A. in FUNCHAL, Portugal. It helps identify the financial institution when processing certain international payments and wire transfers.
The final three characters, FUN, identify a specific branch. Confirm that this branch matches the recipient account before sending money.
A SWIFT/BIC code identifies the bank, but it does not replace the recipient name, account number, IBAN where applicable, or any additional information requested by the sending bank.