Bank Account | Visas.pt

Bank Account

No flights required. We use a Power of Attorney to open your Portuguese bank account remotely — fully lawyer-backed and ready for your move.

Book a Free Consultation
🌍
Method
100% Remote (PoA)
⏱️
Timeline
4–6 weeks
📋
NIF required
Yes — NIF first
💶
Service fee
€395

A Portuguese bank account is required to prove funds for visa applications like the D7 and D2, and to receive income or pay bills once resident. Visas.pt opens one remotely using a notarized Power of Attorney for €395, typically completing in 4–6 weeks, and requires a valid NIF first.

Who This Is For

Open your Portuguese bank account before you arrive

A Portuguese IBAN is essential for visa applications, property purchases, and everyday life in Portugal. We handle the entire process remotely via Power of Attorney.

✅ This service works if you…
  • 🏠
    Are buying or renting property in PortugalA local bank account is required for rental agreements, utility setup, and property purchases.
  • 📋
    Are applying for a D7, D2, or D8 visaMost visa packages include the bank account — or you can add it on its own.
  • 🌍
    Are still in your home countryNo need to be in Portugal. Our Power of Attorney handles everything legally.
  • 💼
    Need a Portuguese IBAN for salary or pensionEssential for receiving income in Portugal or transferring funds tax-efficiently.
⚠️ A few things to know first…
  • 🪪
    You must have a NIF number firstWe can't open a bank account without a valid Portuguese tax number. Don't have one? Get your NIF →
  • 📄
    A Power of Attorney requires notarisationThe PoA document needs to be signed and notarised — we guide you through this step.
  • ⏳
    Bank processing takes 4–6 weeksPortuguese banks are thorough. We manage the process and keep you updated throughout.
  • ✈️
    You may need to visit a branch once activatedSome banks require a brief in-person visit when you arrive to activate online banking.
The Process

How we open your account in 5 steps

We handle the complexity. You just need to sign one document and wait for your IBAN.

1
Book & Initial Consultation
We review your situation, confirm you have a valid NIF, and explain exactly what's needed. Takes 15–20 minutes by video call.
2
Power of Attorney Drafted
Our Portuguese lawyer prepares a Power of Attorney document authorising us to act on your behalf with the bank. We send it to you for signature.
3
Document Preparation
We prepare your full bank application pack — including source of funds declaration, certified passport copy, and all required forms.
4
Bank Submission & Liaison
We submit everything to the bank and manage the back-and-forth on your behalf. No waiting on hold — we handle all communication.
5
Account Opened — IBAN Received
Your Portuguese bank account is open. You receive your IBAN and can start transferring funds or receiving income immediately.
What You'll Need

Required documents

We'll tell you exactly what to gather after your booking. Here's the full list.

🪪
Valid Passport
Certified copy of your passport — valid for at least 6 months beyond your application date.
🔢
NIF Number
Your Portuguese tax identification number. Required before opening any bank account.
🏠
Proof of Address (Home Country)
Recent utility bill or bank statement showing your current foreign address (within 3 months).
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Source of Funds Declaration
A brief declaration explaining where your funds come from — pension, salary, savings, etc. We help you draft this.
✍️
Signed Power of Attorney
The PoA we prepare — signed by you and notarised in your country. We explain exactly how to do this.
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Bank Application Form
We complete this on your behalf using the Power of Attorney. No form-filling required from you.
Already have a NIF? Perfect — you're ready to start. If not, we recommend getting your NIF first (€95) or bundling both services together.
Bank Account Service
Open your Portuguese IBAN from anywhere in the world
Most Popular
Bank Account Opening
€395
Full PoA service — remote, lawyer-backed, 4–6 weeks.
NIF + Bank Account Bundle
€490
Get both at a reduced rate. NIF in 7 days, bank account in 4–6 weeks.
Included in Visa Packages
from €1,595
Bank account + NIF included in Done With You and Done For You packages.
Get Started — €395 Ask a Question
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Pricing

Choose the right level of support

No hidden fees. No surprises. Every package includes your NIF and bank account setup.

Bank Account
€395
Remote opening, no branch visit needed
  • Apply for Bank account
  • Certify documents via video call
  • Power of Attorney (limited timeframe)
  • Process typically takes over a month
  • (estimated time based on after we have received your documents and is not guaranteed)
Talk to Us Add to Cart
NIF Number
€95
Portuguese Tax ID — required for everything
  • Apply for NIF
  • Certify documents via video call
  • Process takes within 7 business days
(+€50) Rush service: within 2 business days
(Choosing this option will prioritize your NIF application and reduce processing time.)
Learn More Add to Cart
Client Stories

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FAQ

Questions about our Bank Account

Yes. Non-residents can legally open a Portuguese bank account before moving to Portugal — you only need a valid passport, proof of address, and a Portuguese NIF number. Our lawyers open the account remotely via Power of Attorney for €395, so you never need to visit a branch.

Through a Power of Attorney granted to our Portuguese lawyers. We prepare the PoA, certify your documents by video call, submit the application to the bank, and manage all communication in Portuguese. The account — with IBAN, debit card, and online banking — is ready before you arrive in Portugal.

We work with major Portuguese banks including Millennium BCP and Caixa Geral de Depósitos — both established, full-service banks that accept non-resident applications and are widely used for D7, D8, and Golden Visa purposes. We recommend the best fit based on your nationality, residency plans, and fees.

For most Portugal residency visas, yes. The D7, D8, and D2 visas require you to show subsistence funds held in a Portuguese bank account at the time of application — for 2026 that's at least €11,040 for a single applicant. A Portuguese account is also needed to pay rent, utilities, and Portuguese taxes.

Typically: a valid passport, your Portuguese NIF number, proof of foreign address (utility bill or bank statement), and proof of income or employment. If you don't yet have a NIF, we can obtain it first (€95, about 7 business days) or bundle both services together.

Typically 4–6 weeks from the moment we have your complete documents. Portuguese banks apply strict KYC and anti-money-laundering checks for non-residents, which we manage entirely on your behalf, keeping you updated at every stage.

Yes. US citizens can open Portuguese bank accounts, though banks apply FATCA reporting requirements, which adds paperwork. We work with FATCA-compliant Portuguese banks experienced with American clients and prepare the extra documentation, making the process smooth for US applicants.
Ready to Start?

Get your Portuguese bank account open — before you land

Book now and our team will guide you through every step. Most clients have their IBAN within 4–6 weeks.

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Bank Account from
€395
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