How do I open a bank account in Portugal?
Most banks in Portugal offer a choice of accounts that meet customer needs and offer a wide range of services.
Banking costs in Portugal are usually slightly higher than in other countries, with monthly costs that are usually around 5-7 euros.
It is possible for non-residents to open a bank account in Portugal. The same documents are required for this case.
Accounts are usually approved on the same day.
If a customer wants a joint account, this is possible. it is important to determine whether a single or joint signature is required to withdraw money when opening a joint account.
These are the documents needed to open an account in Portugal:
• Passport or identity card
• Portuguese tax number
• Completed proof of signature form
• Proof of address (Invoice electricity, ..)
• Residential Número de Contribuinte
For more questions, contact ILBE.BE Via Info@ilbe.be or by telephone: 0032478934121
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