Banking in Portugal
Portugal Business Experts
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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:
- 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
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.
Sovereign offers a range of advisory and support services to assist companies of all sizes to establish successful business operations in foreign markets.
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.