Do you need to open a Portuguese bank account ?

We offer the service of individual bank account opening. Thanks to our cooperation with NovoBanco we are able to offer a simplified procedure.

Let us take care of this process for you!

Open account Now

Understandable

All communication with the bank will be handled by our local legal team that is located in Portugal.

Convenient

Simple and fast procedure to save you the time and effort.

Personal

You will have a dedicated account manager, always within easy reach of just a WhatsApp text.

About bank account

TYPE OF ACCOUNT:

  • Prestige NB 360

MONTHLY COST:

  • 8.20 EUR

MINIMUM DEPOSIT:

  • 250 EUR

WHAT IT INCLUDES:

  • Online bank access via Mobile App
  • Debit/Credit cards delivered to your door
  • Personal English speaking Account manager

Required documents

IMPORTANT! Please note that all documents you provide must be either in English or Portuguese.

01
Passport scan

Only allowed format is scanned copies, photos are not accepted.

02
Proof of residence

Can be for example a utility/phone bill, signed rental agreement, scan of a document containing your name and address, etc.

03
Proof of profession

Can be a signed work contract, income statement, company statement.

04
Portuguese NIF

NIF is a portuguese tax identification number that is emitted by the Tax Department. It’s required for most of financial activities in Portugal. If you don’t have it yet, you can get it online in 3 days with our services.

05
Tax number from the country of residence

If you are taxed outside of Portugal, you are required to provide a document containing your tax ID number from this country. Please note that some countries put this number in passports or identification cards. It is up to you to provide all the required information.

Process of account opening online

  • Fill out our online form, upload all the required documentation, pay 300 EUR processing fee.

  • Receive documentation by email, sign it on your device and forward it back to us. We will provide you with all the necessary instructions for you to be sure that you do everything properly.

  • Our legal team will process your documents, certify and deliver to the bank branch.

  • Receive access to online bank and cards at your chosen address.

Cost

  • You are required to pay a 300 EUR processing fee when submitting your application

  • This fee covers all expenses related to the opening procedures, however you are still supposed to deposit a minimum of 250 EUR to your bank account as well as pay the monthly 8.20 EUR bank fee for upkeep of your account.

  • You can find a lot of helpful information in our article about banking in Portugal .