How to open a bank account in Portugal?

If you want to open a Portuguese bank account, you need a NIF. You can easily get the phone number of NIF through the agent in Portugal. This representative can be a financial representative who applies on your behalf or a lawyer. In Portugal, you must obtain this number for any government activity, business operation, investment or handling any legal affairs.

Obtaining a NIF number and then opening a bank account are two steps that potential applicants for the Portuguese golden visa program usually take.

Two. Documents required to open an account in Portugal

Although some Portuguese banks allow you to open an account online, most banks require you to go to the local branch in person. However, this process is simple and the required documents are easy to collect. Although this may depend on the bank you choose, in general, the documents you need are as follows:

Identification certificate; Proof of address (for example, utility bills or letters received in the last three months with your visible name and address on them); Portugal NIF number; Proof of income/employment (for example, recent payroll or employment letter); If you don't have a job, you can still open an account as long as you have a certificate of registration in CentrodeEmprego or a work contract guarantee. Portuguese phone number used to activate SMS; In addition, deposit _250-300 cash (generally need a new account).

3. How to open a bank account in Portugal

After obtaining the above necessary documents, the next step is to choose the bank that suits you best. Once you have decided on a bank, the next step is to choose the type of account you want to open. You can also have a popular online account recently. Digital banks and online accounts usually serve these people. Those who stay in Portugal are foreigners, frequent business travelers or digital vagrants. Remember, you can open a Portuguese bank account even if you are not a local resident.

Fourth, the purpose of opening an account in Portugal.

Like any other bank in the world, Portuguese banks provide various services for personal accounts and corporate accounts. Some services include: audit; Loans and overdrafts; Mortgage loan; Savings and investment; Insurance; Digital banking and online banking; Mobile banking; Commercial banking business; Foreign affairs service; Trade services. /zd/ym