Caixa Geral de Depósitos (CGD) – Portugal’s state-owned bank. With a solid reputation, it is ideal for those seeking reliability and access to basic services.
ActivoBank : a subsidiary of Millennium BCP, is known netherlands phone number library for its commission-free accounts and simple processes, ideal for young foreigners or digital nomads.
BPI – offers a good mix of digital services and physical branches, with multilingual support and expat-specific options.
International banks
If you manage finances in several countries or prefer to deal with a bank you already know, international bank branches in Portugal are an excellent choice. They combine global experience with services tailored to the Portuguese market.
They allow you to manage several currencies in a single account, ideal if you work with different currencies or receive income from abroad.
They offer fast and cheap international transfers, with better conditions than local banks.
They usually have advisors specialized in international clients, who can guide you on issues such as taxation or cross-border investments.
Featured examples:
Santander Totta : is one of the most popular options among foreigners due to its network of offices and service in several languages.