Do you need to open a Portuguese bank account?

We offer the service of individual bank account opening.
Thanks to our cooperation with the most trustable Portuguese bank we are able to offer a simplified procedure and a possibility of choice.

Let us take care of this process for you!

Here you can see how all your codes of access will look and how to enter the mobile bank application using them.

There are two options for the bank account opening:


  • Whole process is carried out online, you don’t even have to leave the house
  • Bank will send your bank cards, they will be delivered by the bank to your door by mail
  • This option takes 3-4 weeks (estimated time based on provided documents and not guaranteed)
  • The cost of process fee is 300 EUR
  • The account can be provided by Novobanco


  • If you are in Portugal in person
  • Our employee will follow you to the bank office to help not only with papers, but also to cope with the language barrier
  • This option takes just 3-4 days (estimated time based on provided documents and not guaranteed)
  • The cost of process fee is 500 EUR
  • The account can be provided by Novobanco

Please, note: to open a business bank account it's required to obtain a personal account first.


All communication with the bank will be handled by our local legal team that is located in Portugal.


Simple and fast procedure to save you the time and effort.


You will have a dedicated account manager, always within easy reach of just a WhatsApp text.

Bank account features:


Prestige NB 360


8.20 EUR


250 EUR


Required documents:

IMPORTANT! Please note that all documents you provide must be either in English or Portuguese as well certified and apostilled.

1. Passport scan

Only allowed format is scanned copies, photos are not accepted.

2. Proof of residence

Can be for example a utility/phone bill, signed rental agreement, scan of a document containing your name and address, etc.

3. Proof of profession

Can be a signed work contract, income statement, company statement. Signed manually by pen, no digital signatures.

4. Portuguese NIF

NIF is a portuguese tax identification number that is emitted by the Tax Department. It’s required for most of financial activities in Portugal. If you don’t have it yet, you can get it online in 3 days with our services.

5. Tax number from the country of residence

If you are taxed outside of Portugal, you are required to provide a document containing your tax ID number from this country. It should be the Tax Number of the same country, that is written in address field in your NIF certificate! Please note that some countries put this number in passports or identification cards. It is up to you to provide all the required information.

The documents listed before are required to be provided, and the bank may additionally request separate documents based on its needs and your country of citizenship, employment and other reasons.

Process of account opening online


You are required to pay a 300 EUR processing fee when submitting your application.

This fee covers all expenses related to the opening procedures, however you are still supposed to deposit a minimum of 250 EUR to your bank account as well as pay the monthly 8.20 EUR bank fee for upkeep of your account.

You can find a lot of helpful information in our article about banking in Portugal.

With our partner Wise, e-Residence customers can open a multi-currency account to send, spend, and receive in over 50 currencies with the real exchange rate. Join over 10 million people today.

Important updates from 22/12/2022

We have received updated bank policies, that will affect our support for certain individuals in opening a bank account. Please before making your order read these updates.

Please read carefully the topic about updates.

By clicking the button, you confirm that you read this updates and totally match with requirements.

Document requirememts for NIF online

We have minimal requirements for our services. All you need to provide are two documents:

● A proof of identity, such as a passport or EU ID card

● A proof of address, which can be a driver’s license, utility bill, or bank statement.

Proof of identity

As proof of identity, we accept either an international passport or a European Union (EU) national ID card.

Please ensure that the document is valid and up-to-date. How to produce a good quality passport scan:

1) Make sure the passport is open and the pages are visible.

2) The scan should be in color, not black and white.

3) The resolution of the scan should be at least 300 dpi (dots per inch) to ensure that the image is clear and legible.

3) The image should be in a common file format, such as JPEG or PNG, to ensure that it can be easily viewed on any device.

Please refer to the visual guide below for examples of good-quality photos or scans of passports or ID cards. These images can help ensure that your document is accepted and processed quickly: