Cape Verde — SWIFT/BIC Codes & Payment Info

Payment requirements for Cape Verde: Remitter should obtain all required bank information from the Beneficiary, such as SWIFT BIC, account number, and beneficiary bank address. It's important to include the account number, full name (no initials), and address of the ordering customer in the SWIFT MT103 F50 field. Similarly, for the Beneficiary Customer in SWIFT MT103 F59, include the account number, full name (no initials), and address. Ensure the Beneficiary Bank SWIFT BIC, full name, and address are filled in the SWIFT MT103 F57 field. SWIFT BIC should be 8 or 11 characters in the format xxxxCVxx or xxxxCVxxxxx. Additionally, it is recommended to include the purpose of payment in the SWIFT MT103 F70 field. Use of initials can delay receipt of funds by the beneficiary.