Frequent questions about SEPA - C2B Payment File

Transfers are exclusively available for SEPA countries. As Portugal is part of SEPA, it is possible to include domestic and cross-border payments in a single file.

It’s very easy to convert a NIB into an IBAN — just add “PT50” to the beginning of the NIB. For example, the IBAN for the NIB 0033 0000 01234567890 02 is PT50 0033 0000 01234567890 02.

Transfers can only be made in euros.

No. Service levels, value dates, information in PS2 payment files, check files and statements remain the same or are upgraded.

There is no minimum or maximum limit. Yet, if the file is sent through Millennium website, the total amount of transfers on the file will always be subject to the combinations and limits set during the registration.

Yes. The C2B layout allows additional information to be included in each transfer record, such as the invoice number being paid, with a maximum limit of 140 characters.

Right away. If you already have experience uploading PS2 payment files to Millennium website, go to File Management and find the "C2B Payments/Collections" option.

However, if this is the first time you upload a C2B Payment file, contact your usual manager at the Bank to confirm your status. For the next operations, your company can verify the data of each operation as usual.

Yes. Until the business day prior to the date of financial settlement indicated in the file.