Home Immigration Opening Bank Account Portugal | Black in Portugal | How to Open a Bank Account in Portugal

27 COMMENTS

  1. For those who need to purchase a particular pharmaceutical drug, and/or inform a healthcare professional about the drugs they are taking anywhere in the world; the ideal is to transmit the ACTIVE INGREDIENT and respective dosage of the pharmaceutical drug; since this IS COMMON to all MEDICAL and PHARMACEUTICAL COMMUNITY.

    For example, PARACETAMOL is the active ingredient of a drug with analgesic and antipyretic properties used essentially to treat fever and mild to moderate pain. It is easy to acquire anywhere in the world; what happens is that it is marketed by MULTIPLE PHARMACEUTICAL BRANDS; whether global or local, as is also the case in Portugal

  3. Hi there. Nice to hear you're enjoying the experience of being in Portugal. About the NIF & etc.; Portuguese ID card "tagged people" – nationals and/or expats – are supposed to be "digitally known" as follows: Identity Card Number (given by the National Registry Office); Número de Identificação Fiscal (given by the Tax Office); Número de Segurança Social (given by the Segurança Social Office) and Número de Utente do Serviço de Saúde (Health Service Ministry). All these numbers will be in the back of your ID card (Cartão de Cidadão). The fact you have all these numbers (and others, like the driving licence, etc.) is because YOU CAN NOT be identified by any one of state offices using one single number (except the number originated by that particular office). This law has been created because you are entitled to your private life protected. No links between all the above numbers can be established in any circumstances by any public or private entity.
    The Comissão de Protecção de Dados (Data Protection Comitee) is in charge of controlling this subject.
    You should go and visit the country, not just the cities preferably with someone that knows Portugal well. And do not forget you have tha isles too in the middle of atlantic. They are just some kind of paradise. Wish you the best and an happy stay amongs us.

  4. As you can see Portugal, like all the other countries has good and bad things. In your case, it took too much time in the bank but on the contrary bought a much cheaper medicine . 😀

  5. hi….portuguese here….the only time i spent 2 hours inside a bank was when i was buying a house with a the contract and everything….2 hours to open a bank acount? also…that many signatures? are you sure he didn't sell u one of those health insurance things that comes with a new bank acount….if you have a portuguese friend have him go and read all the papers the bank gave you….just to be sure…

  10. I may have missed it, but did you state which bank you used? Ya'll are super lucky, apparently as of yesterday the larger banks are starting to halt new bank accounts to non-resident US citizens. Crazy, right? Lots of speculation online that this is going to put a wrinkle in new D7 applications. Such a timely post you guys!

  12. You can switch the ATM interface language to English, if that helps. You can also withdraw more than the preset amounts: Just choose that option and enter the amount you actually want to take out.

  13. Ola Halisi e Ric! Como voce esta? So happy you have a new bank account in Portugal….how cool is that! You guys are on your way. The medicine costs compared to here in America, is so unbelievable;–the US is ripping us off with medical bills-, but I guess I knew that-Wow! Tenha uma boa noite! Voces sao os melhores! Obrigada!

  14. When flying back to the USA, why not fly for free? Suggestion: buy some meds here and resell them back home. Don't get greedy though, take with you just the right amount to pay for the round trip. Stay tuned for more money advice from The Frugal Traveller!

  16. I might be mistaken but I think that at the bank there is a button at the door where you can "buzz" for someone to come and open the door for you, but usually there is no info for you to know that you can do that. This is kind of a common theme in Portugal, info that you need is not exactly easy to get or see, you end up needing some help at the beginning – might explain why many Portuguese can be helpful, since they already know how hard it can be sometimes, lol. 🙂

  17. It is a fact that treatments and medication for certain chronic diseases in Portugal, such as diabetes or thyroid, have very low costs or even totally free; as is the case of those who need to undergo hemodialysis. My father for 10 years did 3 sessions of 4 hours a week, during that period he had to resort to vascular surgery more than 20 times to clear the access. Everything, pre and post dialysis medication, small meals at the end of treatment, including transport to and from the clinic; IT WAS 100% PAID BY THE NATIONAL PUBLIC HEALTH SYSTEM of PORTUGAL.

  22. Thanks for the info. As you know meds are my major #1 concern. How much money did you need to pull out? Was the conversion done by the ATM or the bank? Congratulations on the D7 I am excited for both of you. Ric? awesome editing as always. 💙 Until next time…

  26. Portuguese citizens have a ID number, a NIF (Tax number), a Social Security number and a Health System number.
    And yes, banks demand a LOT of paperwork… To open a bank account you usually need to deposit some €250/€500 (depends on the bank policy) in cash (preferably).

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