Multibanco

Multibanco
Operating areaPortugal
Members27
ATMs11,440
Founded1985; 40 years ago (1985)
OwnerSociedade Interbancária de Serviços S.A.

Multibanco is a Portuguese interbank network. It is the largest interbank network in Portugal owned and operated by SIBS (Sociedade Interbancária de Serviços S.A.), that links the ATMs of 27 banks in Portugal, totaling 12,700 machines as of December 2014.[1] The bank members of Multibanco control the SIBS. Multibanco is a fully integrated interbank network. One of the most notable characteristics of Multibanco is the wide range of services that can be utilised through its machines.[2]

Multibanco in itself does not only encompass ATMs. It has a fully-fledged EFTPOS network called Multibanco Automatic Payment, and is also a provider of mobile phone and Internet banking services through the TeleMultibanco and MBNet services respectively. It is also the provider of the Via Verde automated toll payment service.

  1. ^ Cite error: The named reference 2015report was invoked but never defined (see the help page).
  2. ^ "Multibanco português é dos mais avançados do mundo" (in Portuguese). Sociedade Interbancaria de Serviços S.A., citing Portuguese newspaper Semanário Económico in its 2006-10-27 edition. "A qualidade do sistema português de máquinas Automated Teller Machine (ATM) é reconhecida em qualquer ponto do globo, não só pela modernidade dos equipamentos como pela enorme quantidade de funcionalidades disponíveis." (The quality of the Portuguese system is recognized anywhere in the globe, not only for the modernity of its equipment, but also for the enormous amount of functionalities available.). Archived from the original on September 27, 2007. Retrieved 2006-12-19.

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