BIN 408987
CAIXA GERAL DE DEPOSITOS, S.A. • TIMOR-LESTE • VISA
About BIN 408987
BIN 408987 is a VISA credit card operating on the GOLD payment network, issued by CAIXA GERAL DE DEPOSITOS, S.A. in TIMOR-LESTE (TL). The default settlement currency for this card is Unknown. This is not a prepaid card — it is linked to a standard bank account or credit facility. Card numbers beginning with this BIN pass the Luhn algorithm validation, confirming they are structurally valid card numbers.
Frequently Asked Questions
What is BIN 408987?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 408987 identifies CAIXA GERAL DE DEPOSITOS, S.A. as the issuing institution for cards carrying this prefix. These digits tell payment processors which bank issued the card before the full transaction is initiated.
Which bank issued BIN 408987?
BIN 408987 was issued by CAIXA GERAL DE DEPOSITOS, S.A., a financial institution operating in TIMOR-LESTE. Their official website is http://www.cgd.pt.
In which country is BIN 408987 registered?
BIN 408987 is registered in TIMOR-LESTE (country code: TL). The issuing bank, CAIXA GERAL DE DEPOSITOS, S.A., holds the licence to issue cards under this BIN range in TIMOR-LESTE. Transactions on these cards typically involve TIMOR-LESTE-based banking and settlement infrastructure.
Is BIN 408987 a credit, debit, or prepaid card?
BIN 408987 belongs to the credit card category. This is not a prepaid card, so it is linked to a standard bank account or approved credit facility.
What payment network does BIN 408987 use?
BIN 408987 operates on the VISA payment network using the GOLD card scheme. This means all transactions made with cards carrying this BIN are routed and processed through VISA's global payment infrastructure.
What currency is associated with BIN 408987?
The primary currency associated with BIN 408987 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in TIMOR-LESTE. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 408987 pass the Luhn check?
Yes — card numbers beginning with BIN 408987 pass the Luhn algorithm. The Luhn algorithm is a standard checksum formula used by payment systems to detect miskeyed or structurally invalid card numbers. A passing result confirms the number range is mathematically valid.
