What is ISPB and where can I find the bank's code?

What is ISPB? This is a very common question, especially for customers who need to make bank transfers.

Agency, account number and Pix number This information is already widely known, but what about ISPB? And COMPE? 

If you're one of those customers who has no idea what these acronyms mean, know that your problems end today.

That's because, throughout this material, we'll explain what these items are and much more.

That said, be sure to check out the full content to stay up-to-date on the banking world and understand once and for all what ISPB is!

What is ISPB? 

Have you ever wondered how the banking system is able to be so accurate in carrying out transfers?

It's surreal to think that the system is entirely designed so that money leaves one account and goes to another, even though these accounts aren't even from the same bank.

But why does this happen? Why don't errors occur? How is each bank identified in the central system?

The answer to these questions is quite simple, and it's right there in the central question of our article: What is ISPB? 

The ISPB (Brazilian Payment System Identifier) It's a type of code created to identify banks for making transfers.

Basically, each bank has an ISPB number with up to 8 digits, and this number is responsible for the organization we mentioned above.

It is through this number that the Central Bank's system can identify which bank the money came from and which bank it is going to.

Therefore, this is a resource used to carry out TED and DOC.

It is worth mentioning that the ISPB is systematic information, meaning it only has value for the system's operation.

This means that the customer does not necessarily need to know their bank's ISPB number.

Therefore, to make transfers, the customer only needs to know the COMPE number, which we will see what it is later.

What is ISPB and what are the codes for the main banks?

By now you should have a good understanding of what ISPB is and its purpose within the banking system.

Therefore, we can consider that the ISPB functions as an identifier for each bank within the central banking system.

However, we also understand that the ISPB is not information that customers necessarily need to have.

This is because, when making transfers, it is not necessary to enter the ISPB code, as only the destination bank code is sufficient.

However, even though it's not very common, knowing what ISPB means for major banks can be interesting.

That's because knowing the ISPB allows you to ensure greater security during your transactions, as it lets you be certain you're sending money to the right bank.

Therefore, in order to help you with this issue, we have listed below the ISBP codes of the main Brazilian banks.

Check it out! 

• Caixa Econômica Federal: 360305
• Bank of Brazil: 00000000
• Itaú: 60701190
• Bradesco: 60746948
• Santander: 90400888
• Safra Bank: 58160789
• Nubank: 18236120
• Intemedium (Banco Inter): 416968

So now that you know what ISPB is and what the codes are for the main banks, we can move on to the next topics! 

ISPB x COMPE 

The question of what ISPB is now a thing of the past, as we have already explained it in detail.

But, do you remember we told you there's a code that customers need to know, unlike the ISPB?

This code in question is the COMPE code, which is relevant information for carrying out any type of bank transfer or deposit.

COMPE (Check and Other Paper Clearing System) It was a code created for making deposits via check.

This is because COMPE is a 3-digit code intended to identify the destination bank.

Therefore, we can understand that COMPE and ISPB have practically the same functions.

The difference lies in the ease of using COMPE, since it has fewer digits than ISPB.

It's worth noting that not all banks have a COMPE code, and in that case, the ISPB is the only identifier for the bank in question.

But, when it comes to the most important banks in Brazil, they all have it, so it's easier to use.

But why is it necessary to use COMPE when making transfers?

So, that question makes sense nowadays, since banking systems are more automated.

Therefore, it is now possible to identify a bank simply by entering its name in the correct field.

However, this was not always the case, and COMPE was the most effective method for identifying the bank for deposit or transfer.

To use the COMPSimply enter the 3-digit code in the "Recipient Bank" field.

How do I find the COMPE code for banks? 

As we've seen, COMPE for banks is information that's worth learning.

That's because, if you need to make a transfer or deposit, you will most likely need to include this information.

With that in mind, in this topic we will introduce you to... COMPE of the main banks in Brazil.

So, now that you know what ISPB is, this is the only piece of information you need to master the subject! 

• Caixa Econômica Federal: 104
• Bank of Brazil: 001
• Itaú: 341
• Bradesco: 237
• Santander: 033
• Safra Bank: 422
• Nubank: 260
• Intermedium (Banco Inter): 077

It's worth mentioning that we've included the codes for the main banks here.

But if your bank isn't on the list, it's very easy to find its COMPE (Electronic Payment Processing Code).

To do this, simply go to your bank's website or app and search for the bank's code.

This information usually comes up very easily.

Bank code x branch number  

In the previous topic we talked about COMPE, so you already understand what it is and what its function is.

However, It's important to explain that COMPE is not your agency's code.

That's because it's very common for people to confuse them.

COMPE refers to the general identification of the bank in question, while the branch number identifies a specific bank branch.

In fact, it's common for the account number to appear in the following format: COMPE – Branch – Account Number.

When it comes to bank transfers or deposits, knowing the branch number is even more important than the COMPE number.

This is because the transaction can only be finalized when the specific destination account is known.

And for that, it's important to know which bank branch that account belongs to.

The branch number has 4 digits and varies for each branch.

Digital banks do not have physical branches, and in this case the branch code used should be 0001.

Finally, we now know what ISPB is, and we have also identified COMPE and the agency.

So, finally you can carry out your transactions more securely, and without any doubts! 

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