Opening a bank account for an individual in Portugal
The life of a modern person can’t be imagined without a bank card. Paying for public transport, services and goods is much more convenient using contactless payment methods. Receipt of various types of income in Portugal is also carried out exclusively by cashless transfer. Opening a bank account in Portugal will be the way out of the situation for every individual.
The First Legal Portugal company provides support services for opening a bank account of an individual for non-residents in Portugal. We cooperate with banks that will offer you the most favorable conditions and tariffs.
In most cases, opening a bank account is carried out by means of a personal visit of the applicant to a bank branch. Some banks provide an opportunity to submit an application for opening an account online.
The list of documents required for an individual to open a bank account in Portugal*:
- passport + copy of passport with Portuguese translation;
- residence permit - if available;
- NIF (Individual Tax Number in Portugal);
- a document confirming the place of residence in Portugal;
- confirmation of activity in Portugal (employment contract, document on enrollment in an educational institution, etc.).
*the list is indicative, as it depends on the specific bank and the status of the applicant.
The term of providing the support service for opening a bank account for an individual in Portugal is from 5 working days. If the application is submitted online, the term may be longer.
The cost of the support service for opening a bank account for an individual in Portugal is 250 €.
The specialists of the First Legal Portugal company will be happy to help you open a bank account in Portugal.
The First Legal Portugal company also provides services in matters of obtaining a tax number, preparation of documents for obtaining visas of type D2, D3, D4, etc.
