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Banking in Portugal

Portugal

Banking in Portugal

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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.

Click here to Ask an Expert about Banking in Portugal

Organisations that can assist with Banking

  • > 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.

    More Details Visit Website
  • > 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.

    More Details Visit Website
  • > 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.

    More Details Visit Website

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