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Open a Portuguese bank account remotely with Smart Relocation’s easy process
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Open a Portuguese bank account remotely

We can open a bank account while you’re still outside the country

Signature Recognition

Get your signature recognized by one of our lawyers. No Apostille required.

Dedicated Bank Manager

Private bank manager who will be your main contact.

Easy Process

Just a few steps to go through.

We have partnerships with three of the largest Portuguese banks.

Open a Portuguese Bank Account Remotely

Easily open your Portuguese bank account, even while you’re still abroad. We offer a fast, secure process to get your account set up from anywhere.

Simplicity & Speed

With just a few steps, you’ll be on your way to having a Portuguese bank account. We work with the largest banks in Portugal to ensure a smooth experience.

No Apostille Required

Our service includes signature recognition by one of our licensed lawyers, so there’s no need for notarization or an Apostille.

Start with Just 250 Euros

The minimum deposit required to open an account is 250 euros.

Please note that the deposit is separate from the cost of our service. Our price covers all steps, including the certification of your signature by our lawyer.

Basic account

  • Online access;
  • 1 debit card;
  • Free euro transfers to countries to SEPA member states (EU, UK, and 8 more)

Premium account

The main advantage of this account is the dedicated bank manager who acts as your point of connection with the bank.

  • A dedicated bank manager;
  • Online access;
  • 2 debit cards;
  • 2 credit cards;
  • Free euro transfers to countries to SEPA member states (EU, UK, and 8 more)
 

The monthly maintenance fee varies depending on the bank we choose to work with, which is selected based on your specific case.

It can range from 4 euros up to 15 euros.

  • Valid Passport (or EU ID Card)
  • Proof of address (in your country of residence)
  • Proof of Employment (proof of income issued within 3 months – payslips for instance)
  • Portugal NIF Number (original document)
  • Tax Number in the country of origin
  • Phone number where you receive SMS
  • Last 3 month’s bank statements
  • Parent’s full name
  • Fill out the KYC (Know your customer) form

Certain requirements may seem a bit intrusive, but this is part of the European regulations against money laundering and is an integral part of the KYC (Know Your Customer) process.

We have partnerships with three of the largest Portuguese banks.

Open a Portuguese Bank Account Remotely

Easily open your Portuguese bank account, even while you’re still abroad. We offer a fast, secure process to get your account set up from anywhere.

Simplicity & Speed

With just a few steps, you’ll be on your way to having a Portuguese bank account. We work with the largest banks in Portugal to ensure a smooth experience.

No Apostille Required

Our service includes signature recognition by one of our licensed lawyers, so there’s no need for notarization or an Apostille.

Start with Just 250 Euros

The minimum deposit required to open an account is 250 euros.

Please note that the deposit is separate from the cost of our service. Our price covers all steps, including the certification of your signature by our lawyer.

We have partnerships with three of the largest Portuguese banks.

Basic account

  • Online access;
  • 1 debit card;
  • Free euro transfers to countries to SEPA member states (EU, UK, and 8 more)

Premium account

The main advantage of this account is the dedicated bank manager who acts as your point of connection with the bank.

  • A dedicated bank manager;
  • Online access;
  • 2 debit cards;
  • 2 credit cards;
  • Free euro transfers to countries to SEPA member states (EU, UK, and 8 more)
 
We have partnerships with three of the largest Portuguese banks.

The monthly maintenance fee varies depending on the bank we choose to work with, which is selected based on your specific case.

It can range from 4 euros up to 15 euros.

We have partnerships with three of the largest Portuguese banks.
  • Valid Passport (or EU ID Card)
  • Proof of address (in your country of residence)
  • Proof of Employment (proof of income issued within 3 months – payslips for instance)
  • Portugal NIF Number (original document)
  • Tax Number in the country of origin
  • Phone number where you receive SMS
  • Last 3 month’s bank statements
  • Parent’s full name
  • Fill out the KYC (Know your customer) form

Certain requirements may seem a bit intrusive, but this is part of the European regulations against money laundering and is an integral part of the KYC (Know Your Customer) process.

4 steps

How it works?

Provide your details, documents and complete the KYC form
Provide your details, documents and complete the KYC (Know Your Customer) questionnaire.
Sign your Power of Attorney
This allows our lawyers to open your bank account on your behalf.
Submission of your details and documents to the bank
We submit your details and documents to the bank for review of your application. There is also a compliance process that varies depending on your nationality.
Get access to your new bank account!
Receive your IBAN, meet your bank manager, and get online access.
still some questions?

FAQ

Which banks do we work with?

We actually have partnerships with:

  • Novo Banco
  • Millennium BCP
  • Crédito Agrícola
How long does it take to open a bank account?

For most people, the average turnaround time to open a bank account is 3-4 weeks. Our turnaround time is an estimate. There are things outside of our control (e.g. international customs, shipping times, and bank compliance. We cannot guarantee that your bank account will be opened by a certain date.

What is the cost of this service?

€350 per account. The account can be for an individual or a joint account with multiple account owners. 

Our fee includes the cost of the signature certification by one of our lawyers. You will not need to notarize or Apostille any of the documents.

Can my bank cards be shipped internationally?

Yes, your cards can be shipped outside of Portugal at no additional cost.

Is there a minimum age requirement for opening a bank account?

Yes, you must be at least 18 years old. When opening a joint account, both account holders need to meet the minimum age requirement.

Do I need my NIF document to open a bank account?

Yes, you need your NIF document to open a bank account, not just the number. If you don't have a NIF yet, you can order one here!

Which countries do we support for the bank account service?

Due to constantly changing bank policies, we can only support certain individuals in opening a bank account. Since this is a dynamic situation, eligibility will depend on your nationality, country of residence, and origin of income. The bank selected for your application will be based on this information, as each bank has different policies and requirements.

Banks may request additional information and documents from citizens of certain nationalities they consider high risk, which could delay the account opening process.

Note: These policies only affect our bank account service. We can support anyone in obtaining a NIF.