A licensed team opens your account at a real Portuguese bank on your behalf, solo or joint, so you get a working IBAN without ever needing to be in the country.
Four things to have ready.
Full page, clearly legible.
Issued outside Portugal, less than 3 months old.
Every Portuguese bank requires it before anything else.
A payslip, pension statement, business/incorporation documents, or recent bank statement, depending on your situation.
Three steps, no branch visit.
One flat €199 fee per account. Solo or joint, decide once you're in, it's the same price either way.
Upload the items above, then sign the power of attorney we generate for you, no printer trip to a notary.
We submit the file and follow it through. Your IBAN and online banking access land on your dashboard the day it clears.
One fee, whichever way you apply.
solo or joint, same price
A joint account costs the same as a solo one, it's one account either way.
Start my applicationA local IBAN unlocks the next form, not just the account itself.
Most applicants aren't opening an account for its own sake, it's a line item on somebody else's checklist: a visa office, a landlord, a notary. Having it ready in advance, from a bank those offices already recognize, avoids a second round trip later.
Frequently asked questions
Primarily Novo Banco, through a direct partnership. On the rare file Novo Banco can’t take on, we open the account with another traditional Portuguese bank instead (currently Millennium bcp), either way, it’s a real Portuguese bank account, opened at a physical branch.
Get that first, no Portuguese bank will proceed without one. Our sister service, NIF Online, handles it remotely the same way this does.
No. You sign a power of attorney authorizing our licensed team to act at the branch on your behalf. Portuguese law exempts this kind of mandate from notarization, so there’s no apostille step either.
One order, two people. Both of you upload your own documents and both sign the power of attorney, but it’s a single account with both names on it, not two separate accounts.
Once we have your signed mandate and complete file, Novo Banco typically takes 2-6 weeks to process the request. It varies by nationality (compliance checks aren’t uniform) and we don’t control the bank’s queue, so treat this as a working estimate, not a promise.
On your dashboard only, once the account is confirmed, your IBAN and online banking access are never sent by email.
Yes, a €250 initial deposit is required, which must stay in the account to keep it active.
Yes. It’s a full Portuguese bank account, salary payments, local transfers, and international transfers all work normally.
Yes, you get access to the bank’s app and online banking to manage your account day to day.
