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Current Accounts in Portugal

Current accounts in Portugal may be opened by expats who are at least 18 years of age and able to supply a proof of identity such as a passport, a Portugal address and a fiscal address. Most expats in the country open at least two current accounts - one for overseas transactions and the other for expenses of daily living.

Compare Bank Accounts

Browse a selection of current accounts specially designed to meet the needs of expatriates and people with international lifestyle.
  Minimum
requirement
Payment
methods
Multi currency account Manage
Premier International Account

Premier International Account in Portugal

£2,500, €2,500, $3,500 Debit card, cheque book (Sterling accounts only) £/$/€
  • Phone
  • Internet

New customers who open a Sterling account can earn 1% AER interest for the first 3 months of account opening if a balance of between £10,000 and £24,999 is maintained. No monthly fee charged if minimum monthly balance of £2,500/€2,500/$3,500 is maintained.

Get A Free Quote Premier International Account in Portugal
HSBC International

HSBC International in Portugal

£5,000,$10,000,€10,000 Cash Card, Cheque Book, Debit Card £/$/€
  • Phone
  • Internet

Flexible international current account for day-to-day banking in sterling, US dollars and euro, with debit card /chequebook

Get A Free Quote HSBC International in Portugal
BNP Paribas Personal Investors

BNP Paribas Personal Investors in Portugal

EUR 50,000 International debit and credit card, deferred debit cards available 26 currencies: euro, US dollar, pound sterling, Swiss franc, Singapore dollar, Hong Kong dollar, etc.
  • Phone
  • Internet

Day-to-day cash management in different currencies around the world.
As an expatriate you benefit from our preferential fee structure “Expat Investors”:

  • No transfer fees for bank transactions
  • Reimbursement of transfer fees charged by your bank
  • Reduced foreign exchange fees
  • 50 % discount on the annual account management fees
  • 50% discount on the annual fees for an international bank card (Visa, Mastercard)
Get A Free Quote BNP Paribas Personal Investors in Portugal
Additional Product Relationship Manager Account

Additional Product Relationship Manager Account in Portugal

£50,000 or currency equivalent Debit and credit cards (£), deferred debit cards available £/$/€
  • Phone
  • Internet
  • Branch

Dedicated Relationship Manager taking care of your banking needs including; Currency exchange services, Introduction to tax services, Free financial review, International mortgage advice for property purchases in the UK, Jersey, Guernsey, Isle of Man and Gibraltar, Advice from international investment experts.

Get A Free Quote Additional Product Relationship Manager Account in Portugal

Guides & Articles for Current Accounts in Portugal

Cost of Living in Portugal

With the reputation as the place to go during the summer, Portugal is the ideal holiday retreat. Consequently, real estate in Portugal's famous Algarve is expensive. A studio apartment costs a whopping €90,000, a 1-bedroom apartment costs €120,000, a 2-bedroom fetches €150,000 and expect to pay €400,000 for a 2-bedroom detached villa. Read More >

Working in Portugal

Expats who have skills in teaching the English language can find opportunities in the teaching field with a good salary remuneration package. Read More >

Banking in Portugal

Normal banking hours in major cities and towns are from 8.30am to 3pm (or from 8.30am to 11.45am and from 1 to 3pm in smaller towns), Monday to Friday. Banks are closed on weekends and public holidays. Some bank branches In Lisbon and some resorts on the Algarve open in the evening to change money. Read More >
More articles & guides for Current Accounts in Portugal
US Expat Tax Filing
US Expat Tax Filing

US expats are expected to continue filing taxes in the States even while living abroad. Learn about your tax obligations today.

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Opening an offshore banking account through an expat bank doesn’t need to be stressful. In fact, with ExpatFinder’s listing of banks with multi currency account and other international account, it couldn’t be easier. When you want to open bank account for any reason, for currency exchange to bill payments, ExpatFinder’s partners are ready to show you your options and assist every step of the way to ensure you are opening bank account that will fulfil all of your expat banking needs.

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