Payments Instrument

Payments Instrument

Banco Central de Timor Leste carvalho@goweb.pt
O Banco Central de Timor-Leste tem por objectivo principal alcançar e manter a estabilidade interna dos preços. • Banco Central de Timor-Leste • O Banco Central de Timor-Leste tem por objectivo principal alcançar e manter a estabilidade interna dos preços.

Timor-Leste IBAN

IBAN, or International Bank Account Number, is an internationally agreed system of bank account numbering across national borders.
The adoption of IBANs in Timor-Leste will align the nation with about 80 other countries that have adopted the same standard.
One advantage of the standard numbering system is that IBAN numbers can be verified internationally irrespective of the format of the national bank account numbers.
The Central Bank of Timor-Leste’s programme to modernize the national payment system has started with a project to introduce an Automated Transfer System known as R-TiMOR. R-TiMOR will process payments between banks either in real time (RTGS) or in batch (clearinghouse) mode.
All R-TiMOR transactions will use IBANs as the common account identification system.
The adoption of IBAN will not change the internal bank account numbering system of commercial banks in Timor-Leste.
The use of IBANs is mandatory from 12 January 2015 for all interbank payments except the clearing of cheques.
All customers of banks in Timor-Leste are required to use IBANs to pay or receive interbank transfers from 8 December 2014.
The IBAN for your bank account is available from your bank. Arrangements are being made for the conversion of bank account numbers held in government databases (vendors, pensioners, veterans, and so on) to the IBAN format.
 

IBAN Structure

 

The IBAN for Timor-Leste is twenty-three (23) characters in length, constructed according to the following pattern:

 

Digits 1-4 (4 digits) Always “TL38”

 

Digits 5-7 (3 digits) Bank number Digits

 

Digits 8-21 (14 digits) Bank Account number Digits

 

Digits 22-23 (2 digits) National check digit

 

 

Bank Number

 

Bank numbers are different from the bank and branch numbering scheme published by BCTL in 2009. The new bank numbers are as follows:

 

001 Central Bank of Timor-Leste

 

002 Caixa Geral de Depositos

 

003 ANZ Banking Group Ltd

 

004 Banco Nacional de Comércio de Timor-Leste

 

005 PT. Bank Mandiri (Persero) Tbk, Dili

 

006 PT. Bank Rakyat Indonesia (Persero) Tbk

 

 

Bank Account Number

 

Bank account numbers are those used by commercial banks, without spaces, dots or other symbols.

 

National Check Digit The National Check Digit is calculated according to the method set out in BCTL Circular Letter 7/2014.

 

IBAN Examples The IBAN is presented as a single string of twenty-three characters when used electronically, and presented in five groups of four digits, followed by a group of three digits, when used in written form.

 

For example: TL380080012345678910157 (electronic form) / TL38 0080 0123 4567 8910 157 (written or printed form)

 

 

Reference Documents

 

Circular Letter No 7/2014 on the implementing International Bank Account Numbers in Timor-Leste

 

SWIFT IBAN Registry

 

Timor-Leste IBAN Calculator

 


For further information

Contact your bank to obtain the IBAN number for your account, or Banco Central de Timor-Leste
email: office.governor@bancocentral.tl, phone# +670 3313718 for general information.

 

Standard  Settlement Industry

These Standard  Settlement Instructions are to be used for all transactions.
Please follow carefully the Instructions is applicable to ensure correct payment/delivery for transfer to BCTL in United States Dollar.

Federal Reserve Bank of New York

 

Bank

The Federal Reserve Bank of New York

Address

33 Liberty Street, New York, NY 10045

Swift Code

FRNYUS33

Beneficiary

Central Bank of Timor-Leste

Swift Code

BCTLTLDI

Account Number/ABA

021080740

*Payments to the CFET account (Ministry of Finance) must mention beneficiary account 2-3711 in the detail
*Payments to the account Infrastructure Fund 23731
*Payments to the account Human Capital Development Fund 23733

Bank Routing Numbers

 

 

Institution

Swift BIC

IBAN

Banco Central de Timor-Leste

BCTLTLDIXXX

001

Caixa Geral de Depósitos

CGDITLDIXXX

002

ANZ Banking Group

ANZBTLDIXXX

003

Banco Nacional de Comercio de Timor-Leste

BNCTTLDDXXX

004

PT. Bank Mandiri (Persero) Tbk, Dili

-

005

PT. Bank Rakyat Indonesia (Persero) Tbk 

-

006


                                                                                                                                                   

                                                                                                                                                              Updated, 23 March 2017

Back on top
BANCO CENTRAL DE TIMOR LESTE © 2025