Portuguese banks offer a wide range of accounts and financial services including current and savings accounts, joint accounts, business accounts, online banking, and special interest bearing accounts for paying taxes such as IRS (Income Tax) and IVA (Value Added Tax). There are also accounts aimed at children and young savers, students and pensioners. Most banks offer pension top-up schemes, and other services.
Note that temporary visitors and newly arrived residents in Portugal may use any foreign card with a Visa sign: Barclaycard, Connect Card, Switch (Visa), Carte Bleu, Visa Electron, Master Card, American Express etc. Some non-electronic cards cannot be used.
Portuguese banks are usually open from 08:30-15:00 Mondays to Friday (some have extended hours on Fridays to 16:00), with some open on Saturdays. They typically are open-plan with a central counter (Balcão) and a number of staff. Queues at lunchtime and on Fridays are long. The quietest times to carry out business are between 10:00 and 11:30.
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AngloINFO Franchising: Be your own boss - where you want to be!
Do you dream of having your own, profitable, easy-to-operate business? AngloINFO might be the solution!
Now in its twelfth year of business, AngloINFO is the world's leading network of expat information websites - with over three million monthly visitors from around the world.
We have an established network of 81 local websites in 37 countries with many more in development.
Our 54 local franchisees are the key to our success and come from a huge range of backgrounds, ages and nationalities. The common factor is a passion for success.