£500 fixed fee · No hidden costs
Open Your Portuguese
Bank Account
Fast & Remotely
A secure, fully remote, and straightforward process to open your account quickly with one of Portugal’s most trusted banks.
- No travel to Portugal required
- Accounts typically opened within 2–4 weeks
- Dedicated support: max 24-hour response time
- 100% money-back guarantee
- Receive your NIF within 2–5 days
- Dedicated support
- 100% money-back guarantee
Why You Need a Portuguese Bank Account
Opening a Portuguese bank account is one of the first and most important steps when preparing to move to Portugal. We make it simple to open your account remotely, so your relocation can begin smoothly.
Everyday Payments
Access Multibanco and MB WAY, Portugal’s most widely used payment systems for purchases and transfers.
Property & Utilities
Often required when renting or purchasing property, setting up utilities, and signing service contracts.
Visa & Residency
For many Portuguese visas, a funded PT bank account is required as part of the visa application process.
How the Process Works
We manage the entire process remotely, with our trusted Portuguese lawyer coordinating directly with the bank to ensure your account is opened securely and efficiently.
1
Complete the application form
Submit our bank account opening form to begin the process. We’ll contact you within 24 hours with next steps, a payment link, and the exact documents required for your application.
2
Send your documents securely
Provide the required documents through our encrypted communication system. Our Portuguese lawyer will notarise and verify them before submitting everything to the bank.
3
Sign and return bank contracts
Once the bank completes its compliance checks, it will issue your account contracts. We will send these to you with a guidance document explaining exactly which pages need to be printed, signed, and returned.
4
Access your Portuguese bank account
Once the account has been opened, you will receive communication directly from the bank with simple instructions on how to set up your online banking.
£500 • No hidden costs
What's included in our bank account opening service?
Everything included in our bank account service is outlined here. Throughout the process, you will have a single dedicated point of contact, with clear guidance at every step and a maximum response time of 24 hours.
- Document review by our lawyer before submission
- All associated notarisation and legal costs
- Communication with the bank on your behalf
- Debit and credit cards delivered worldwide
- Visa-compliant Portuguese bank account
£500 • No hidden costs
What's included in our bank account service?
- Document review by our lawyer before submission
- All associated notarisation and legal costs
- Communication with the bank on your behalf
- Debit and credit cards delivered worldwide
- Visa-compliant Portuguese bank account
- Single point of contact (max 24h response time)
Frequently Asked
Questions
What documents will I need?
The exact documents required may vary depending on your personal circumstances and visa type. At the beginning of the process, we will provide you with a tailored document checklist.
In most cases, the following documents are required:
- Proof of identity (such as your passport)
- Proof of address
- Your Portuguese NIF document
- Your tax identification number from your home country
- Proof of income – determined by the visa that you are applying for
- Proof of your visa appointment
- A bank statement showing sufficient funds for your visa application
How long does it take to open my account?
The whole process typically takes around 2–4 weeks.
Do I need to travel to Portugal to open it?
No. The entire process is handled remotely, so there is no need to travel to Portugal at any stage of the bank account opening process.
Which nationalities can open an account?
We are able to assist clients from most nationalities worldwide. The majority of our clients come from the United States, United Kingdom, Canada, Australia, the UAE, and South Africa.
Do my documents need to be translated?
The bank accepts documents in English, Portuguese, French, Spanish, or Italian.
If your documents are issued in another language, a certified translation into either English or Portuguese will be required.
How does your pricing work?
We operate on a fixed-price model, so you know the exact cost of the service upfront. There are no hourly charges, hidden fees, or unexpected extras.
The fee for opening your Portuguese bank account remotely is £500.
Within 24 hours of submitting your request, we will review your details, confirm your eligibility, and send you a secure payment link by email. Once payment is received, we will begin the bank account opening process.
Will I receive a debit or credit card?
Yes. Once your account has been opened, you will be able to request a debit or credit card directly through the bank’s online banking platform.
What's the bank's compliance review?
All Portuguese banks are required to carry out a compliance review before opening a new account. During this process, the bank’s compliance department verifies key details such as your identity, source of funds, and supporting documentation to ensure the application meets regulatory requirements.
In some cases, the bank may request additional documents if further clarification is needed. If this happens, we will guide you through exactly what is required.
Can I manage my account online?
Yes. Once your account has been opened, the bank will send you one code by SMS and another by email, which you will use to set up your account through the bank’s mobile app or website.
Is a minimum deposit required?
Yes. After your account has been opened, you will need to transfer €250 to activate your it.
Still have questions?
If you have any questions about obtaining your NIF, feel free to get in touch. We respond to all enquiries within 24 hours.