Portugal
Banking in Portugal
Portugal Business Experts
Recent forum posts
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Starting a new business in India
I run a UK business and my fellow Director is an Indian National (I am a British citizen).We now want to launch our company in India and I am struggling to make any progress with the Indian High Commission. Can anyone help me with the process. I have twice visited the commission in London and wasted hours of time due to their complete lack of organisation.I will appreciate any help to make
Total Posts: 9 Last post by Mohammed020
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starting a business
Hi There!I was looking to bring in a skincare range from America to sell in UK, what legal procedures do I need to abide by? ie. licensinglaws, testing etc
Total Posts: 6 Last post by Jpm
Banking in Portugal
For a list of banks, please click on the 'Banking in Portugal' tab located above.
Cash machines are available throughout the country. There are a large number of commercial banks, including familiar international banks, in Portugal. Interest rates will differ according to individual policy.
To open a bank account in Portugal, you will be required to provide the following documentation:
- Passport
- Proof of address (bill, etc)
- Proof of property ownership or rental
- Taxation number
- Proof of income
There may be a minimum deposit to open an account (250 Euros for example).
Many foreign businesspeople living in Portugal have at least two accounts, a foreign account for international and large transactions, and a local account with a Portuguese bank for day-to-day business and living expenses.
Organisations that can assist with Banking
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> ACOQ CONSULTING
Business Information is presently a key word that will strongly affects your future . Our Service intends to provide information for management necessary to Create, Maintain and Develop businesses.
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> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.
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> Sovereign Group
Sovereign offers a range of advisory and support services to assist companies of all sizes to establish successful business operations in foreign markets.