One of the main requirements for visas like the D7 or the digital nomad visa is that you have a Portuguese bank account, and this bank account usually needs to be funded with your savings or means of sustenance.
People are always surprised that they can’t just go online and open a bank account with Millennium or Novo Banku themselves, but the reality is the same is true for every country. I wouldn’t be able to open a bank account in America, for example, without already being a resident there, at least not easily. That’s why you need to work with a third party such as these online services or with a lawyer.
I run Portugalist, and this question comes up more than almost any other. Usually from people who need an account for a residency visa—the D7 or the Digital Nomad Visa. Occasionally from people buying property here.
You’ll need a NIF first, and as a non-resident you’ll almost certainly have to pay someone to open the account for you. Which company you use comes down to one question that didn’t matter a year ago.
Do you have your consulate or VFS appointment booked yet?
- No appointment yet—Visas.pt*. They told me they don’t ask American, Canadian or British applicants to prove a visa application is underway. The others do. It’s the slowest route, and that stops mattering when you’re not racing a date.
- Appointment booked, and you want it done fast—Novomove*. Two to three weeks, and no notarization or apostille.
- Appointment booked, and you’d rather keep the running costs down—Anchorless*. Cheapest to hold, by roughly €80 over the first year.
- Already paying a lawyer for your visa—let them fold it in. They have wider bank relationships than any of the services do.
I wouldn’t fly to Portugal just to open an account. The trip costs more than the service and you can still be turned down. I’ve known people visit five banks in a week and get rejected at all five. If you’re already coming, try it—there’s a section below on how to give yourself the best chance.
*Affiliate links. Portugalist earns a commission if you use one, at no extra cost to you, and any discount is applied automatically. The commission rates differ between these companies and they don’t set the order above—the one I recommend for speed pays the least of the four. The free and unpaid routes are covered further down.
Will this work for you?
Four things decide whether a remote opening is possible at all, and none of them is on the providers’ front pages. Check these before you pay anyone.
1. You need a reason. Every service asks why you want the account, and in practice two answers get through: you’re applying for a visa, or you’re buying property.
2. Most of them want proof. Novomove and Anchorless both need evidence your application is underway before the bank will start the opening process. Novomove accepts a consulate or VFS appointment confirmation, a visa application payment receipt, or a visa sticker already in your passport. Anchorless wants the appointment booking.
Novomove’s published requirements put UK passport holders in the same category as EU and Schengen nationals, which means British applicants aren’t asked for the proof. That’s one company’s documentation as of August 2026, not a general post-Brexit banking status—but it matches what we see anecdotally.
3. Your visa type has to be one they handle.
| Visa | Novomove | Anchorless | Visas.pt |
|---|---|---|---|
| D2 (business) | Yes | Yes | Yes |
| D3 (highly qualified) | Yes | Yes | — |
| D4 (student) | Yes | No | — |
| D5 (teaching/cultural) | Yes | No | — |
| D7 (passive income) | Yes | Yes | Yes |
| D8 (digital nomad) | Yes | Yes | Yes |
| Golden Visa | Via Bison Bank | Yes | Unconfirmed |
| Property purchase, no visa | No | Yes | Yes |
If your visa isn’t listed—D1, D6 family reunification, anything unusual—a lawyer is the route, not another service.
4. Nationality. Each bank keeps its own list of countries it will accept. Anchorless publishes a dropdown of eligible passports and says plainly that if yours isn’t on it, they can’t help. Novomove maintains a similar list. Check it before ordering, not after.
Applicants from Iran, Russia, Syria and Iraq are declined more or less across the board, and we regularly hear from Pakistani and Nepali applicants who’ve been turned down by multiple services. That’s compliance departments applying blanket rules rather than a judgment on the individual, and good paperwork doesn’t move them. If that’s you, speak to an immigration lawyer before you pay anyone—some can place clients that an automated compliance screen rejects outright.
How quickly this is changing: Visas.pt told me they don’t ask Americans, Canadians or Britons for visa proof—”at least not yet.” Two of the four added the requirement within the past year. Assume the direction of travel is stricter, and confirm before you pay.
The order is the hard part, not the paperwork
Here’s the trap, and it’s new.
Your visa application needs a statement from a Portuguese account showing your savings, so the account has to exist first. But with Novomove and Anchorless, the bank won’t start until you can prove your visa application is underway—which in practice means an appointment already booked.
Book the appointment. Prove it. Open the account. Fund it. Let the balance sit. Then walk into the appointment you booked before any of it existed.
Consulate slots in the US are hard to get and harder to move. The account takes two to four weeks if nothing goes wrong, longer if compliance comes back with questions. You’re racing a clock you started before you knew the length of the race.
If you don’t have a date yet, use a provider that doesn’t require one. Open the account, book the appointment when a slot appears, and the deadlock never forms.
And if a lawyer is handling your visa, they’re doing both, and the sequencing stops being your problem. When your dates are tight that’s worth more than the price difference.
Start earlier than you think you need to
Most remote openings complete in two to four weeks. Allow two months anyway.
Compliance departments have tightened considerably on non-resident applications. On one of my webinars, the immigration lawyer Inês Silva described a client whose account took ten weeks, and was clear that a year earlier she’d have walked in with a power of attorney and had it done the same day. Two months isn’t a pessimistic estimate. It’s a realistic one.
Things also go wrong in ways you wouldn’t predict. The most common problem isn’t the application—it’s getting logged in afterward. Portuguese banks send verification codes by text message, and those texts have a habit of never arriving at US cell phone numbers. You end up with an open account you can’t access, chasing a bank across a five-hour time difference. It gets resolved. It takes a couple of weeks it didn’t need to take.
Add August to that. Portugal largely stops working for a month, and if your file lands on a compliance officer’s desk on August 1st, it sits there.
Also: get your NIF now if you don’t have one. You can’t open a bank account without it, and most services take at least a few days.
Why you can’t just open an account online
You’ll find Portuguese banks advertising online account opening. Millennium bcp has a page for it. ActivoBank is built around it.
Try either and you’ll hit the same wall in the same place: the form asks for a Cartão de Cidadão—the Portuguese citizen card—or a residency card. You don’t have either yet. Millennium’s own online-opening page says so in its opening bullet points.
Portuguese law doesn’t forbid opening an account remotely. Banco de Portugal sets out rules for opening at a distance, including video identification. What happens in practice is that the banks’ own onboarding requires documents a non-resident doesn’t have, and which flows are open changes without notice. Direct online opening isn’t impossible—it’s just not something you can rely on with a visa appointment in the calendar.
This is also why you end up paying someone, which nobody enjoys. You didn’t pay to open an account at home—but you were resident there, and residency is most of what a bank is checking. Non-resident accounts exist in plenty of countries, including this one. They’re just slower, more conditional, and more work than the version you’re used to.
Does it have to be a Portuguese bank?
For the D7, effectively yes. The US checklist asks for proof your funds are available in Portugal through a Portuguese account.
For the D8 it’s less clear-cut on paper. The US checklist asks you to show qualifying income and doesn’t spell out a Portuguese account the way the D7 one does. But we’ve seen D8 applications go through with foreign statements and we’ve seen them questioned, and Sandra Gomes Pinto—one of the immigration lawyers I have on these webinars—recommends a Portuguese account for the D8 as well.
I’d get one. Lawyers err on the side of caution here because Portugal is a bureaucratic country and a lot depends on who reviews your file. A Portuguese bank operates under Portuguese and EU supervision, and its statements are in a format consulate and AIMA staff read every day. A foreign statement is something they have to take on faith, and they’d rather not.
I wouldn’t use a foreign account unless I was certain that particular consulate or VFS office had no issue with it and I had recent proof of that. “Someone on Facebook got away with it last year” isn’t recent proof.
What it actually costs
Here’s the part nobody publishes: the service fee is the smaller number.
These companies open premium accounts, because that’s how the relationship with the bank works: the bank takes on a non-resident it wouldn’t otherwise touch, and in return the account carries a monthly fee. Which tier you land on depends on which service you used, and the gap over a year is wider than the gap in their headline prices.
| Provider | Bank and tier | Service fee | Monthly | First year | Speed |
|---|---|---|---|---|---|
| Anchorless* | Millennium—Cliente Frequente | €309 (€359 direct) | €8.32 | €409 | 1–4 weeks |
| Visas.pt* | Millennium | €395 | €6 | €467 + notarization | 4–6 weeks |
| Novomove* | Millennium—Prestige | €300 | €15.60 | €487 | 2–3 weeks |
| e-Residence* | Novo Banco—Prestige | €374 (€499 direct) | €8.20 | €521 incl. €49 cards | 3–4 weeks |
Prices and fees checked August 2026; monthly figures include Portuguese stamp duty. Every route also needs a €250 opening deposit—that’s your money, not a fee, and it’s available to spend once the account is active. Novomove and Anchorless include card delivery; e-Residence charges €49; Visas.pt includes it, but you arrange and pay for the notarization of a power of attorney yourself.
Novomove is the cheapest to buy and the most expensive to hold: about €7 a month more than Anchorless, on the same bank, and the gap widens every year after the first.
One thing to read carefully: Novomove advertises a money-back guarantee if the account can’t be opened. Their refund terms say this covers the success fee, which is half the total—not the whole €300. That’s still more than the others offer, and it’s worth knowing exactly what it is. Check each provider’s refund terms before ordering; they aren’t the same and none of them lead with it.
Can you reduce the monthly fee? Yes, and most people won’t. Millennium’s Prestige fee drops from €15.60 to about €6.60 if you deposit €1,500–2,500 a month into the account or hold €20,000–50,000 there, depending on your age. A D7 applicant holding the required savings is well short of the asset figure, and almost nobody redirects a pension or salary here in the first year. Assume you’ll pay the full amount.
Is it worth paying at all? You’re spending thousands relocating, and this is the line item that gates everything else. Optimizing €100 here while a consulate appointment hangs on the outcome is a false economy. And to be blunt: if you’re American or Canadian, the free routes further down are almost certainly closed to you. Budget €400–500 for the first year.
Documents you’ll need
Roughly the same list whichever route you take. Assemble it before you start rather than in response to emails: every request for another document adds a week.
- Passport. Scans only; photos taken on a phone are refused. Novomove wants at least 12 months’ validity remaining, so check yours before you start.
- Your NIF. Non-negotiable. Get it first.
- Proof of address from where you live now—a utility bill or bank statement, usually issued in the last three months. Your home address is fine; you don’t need a Portuguese one.
- Your home country tax number. Social Security Number for Americans, SIN for Canadians, National Insurance number for Britons.
- Proof of income or financial means. Pay stubs, an employment contract, a pension statement, tax returns, investment statements—whatever fits.
Everything has to be in English or Portuguese; Novomove also accepts Spanish and French. Anything else and the bank orders a certified translation, at your cost and on its own timetable.
You’ll also be asked to show you meet your visa’s financial requirements—passive income above €920 a month for a D7, a contract or payslips above four times the minimum wage for a D8, a business plan for a D2, documented origin of funds for a Golden Visa. Most of that overlaps with your visa application, so the work isn’t doubled. But clearing the threshold doesn’t guarantee the account: the bank runs its own compliance, sanctions and source-of-funds checks on top, and can decline on those grounds alone.
One category catches people out: anyone between jobs, recently retired, or living off savings. Being unemployed isn’t a problem—banks open accounts for people without salaries all the time. Not being able to explain your income is the problem. A written declaration of your situation plus evidence of what you’re living on does the job.
Worth having: a Portuguese phone number, because of the text message problem above. Hard to arrange from abroad, but sort it out if you’re coming over anyway.
What happens after you sign up
1. You send your documents. Scans, not photos. Getting this right first time saves a week.
2. The provider submits your file. Compliance either waves it through or comes back asking for more. The bank can request additional documents at any point, including after your file has been approved and the agreements have gone out for signing.
3. Identity and contact verification. A short video call in some cases. Novomove confirms your mobile number directly with the bank, which heads off the login problem before it happens.
4. You sign and return the agreement. With Novomove that means printing, signing and mailing the documents to their partner lawyer here, who certifies your signature locally—which is how they avoid the apostille. Use a courier. International post is the one part of this timeline nobody can chase.
5. You send the €250 deposit.
6. The account opens. You get your IBAN and online banking logins, and the cards are mailed to you.
Don’t assume you’re finished when the email arrives. You’re finished when you’ve logged in.
Funding the account for your visa
How much?
These are the D7 figures—twelve months of the Portuguese minimum wage for the main applicant, plus additions for everyone else on the application. Other visas use different tests. Always ask your lawyer what they recommend for your case, and see the D7 savings requirement for more.
| D7 applicant | EUR | USD | GBP | CAD |
|---|---|---|---|---|
| Single applicant | €11,040 | around $12,758 | around £9,450 | around CAD$17,721 |
| Couple | €16,560 | around $19,137 | around £14,174 | around CAD$26,581 |
| + each dependent child | €3,312 | around $3,828 | around £2,835 | around CAD$5,317 |
| + each dependent adult | €5,520 | around $6,379 | around £4,725 | around CAD$8,861 |
These match the figures Anchorless quotes its own applicants, which is a useful cross-check—the services see what gets accepted every week.
A couple can use one joint account. There’s no extra fee for the second holder, both of you supply documents, and deposit protection applies to each of you separately.
Getting the money there
You can wire it straight from your own bank. Nothing wrong with that—one institution, one paper trail, no third party.
Personally I’d use Wise. The exchange rate and fees on an international wire to a euro account are usually worse than people realize, and on €15,000 the difference is real money. That’s Wise as a way to move money into your Portuguese account, not as a substitute for it. A preference, not a requirement.
Whichever you use, make sure the transfer is traceable and comes from an account in your own name. Money arriving from a third party is exactly what triggers compliance questions.
Americans: this creates a filing obligation
Worth knowing before you wire the money, because almost nobody mentions it.
If your foreign accounts add up to more than $10,000 at any point in the year, you have to file an FBAR (FinCEN Form 114) with the US Treasury. Funding this account with the D7 savings requirement puts you over that line on day one. Depending on your balances and filing status, Form 8938 may apply too.
Neither costs anything to file and neither means you owe extra tax. Missing them carries penalties. Talk to a US tax professional before you send the money, not the following April.
Is the money locked up?
Not by the visa. The lawyers I have on these calls are consistent that consulates want to see savings exist, not that a specific figure sat frozen for a year. It’s your account and your money, and if your visa is refused the account is still yours.
The constraint is timing: the balance needs to be there, and to have been there a little while, when you produce the statement for your application.
Millennium bcp or Novo Banco?
In practice this is the only bank choice most readers face, and it’s largely decided by which service you pick. Three of the four above open Millennium accounts. e-Residence uses Novo Banco and says outright that Millennium, Santander and Caixa Geral are in-person only for them.
That’s the migration in one sentence. Several providers have moved from Novo Banco to Millennium over the past year or so, and these relationships don’t usually change—so when several shift the same way, it tells you something.
Millennium bcp is the larger, with 389 branches in Portugal at the end of 2025 and the widest coverage in the country. Novo Banco has around 289 branches and corporate centers. It was created in 2014 out of the collapse of Banco Espírito Santo, and it’s just changed hands again: the French group BPCE completed its acquisition of 100% of the bank in April 2026.
Both satisfy your visa requirement, and both offer mortgages, insurance and credit cards once you’re established.
If you’re moving somewhere rural
Banking in Portugal is still a face-to-face business.
Not everything can be done in the app. Mortgages, credit cards, disputes, anything unusual—you’ll end up in a branch, talking to a person, probably more than once. That’s fine in Lisbon. It’s a different proposition in the interior, the Azores or Madeira, where your bank may be the only one in town or a forty-minute drive away.
Check which banks have branches where you’re headed before you commit. Millennium has the widest coverage, then Novo Banco, and local and regional banks are worth a look too. In a small town, the branch you can walk into beats the app you can’t get support for.
Can you open a Portuguese bank account for free?
Three routes cost nothing. None is reliable, and for Americans and Canadians all three are effectively closed. If you’re British, two are worth an afternoon before you spend €300.
ActivoBank, if you’re British. We’ve had several UK readers report opening remotely with nothing more than a NIF. I haven’t verified this myself and it hasn’t worked for Americans or Canadians, but it’s consistent with UK applicants being treated as European elsewhere in this process. If it works you’ve saved the whole fee. If it doesn’t, you’ve lost an afternoon.
A Portuguese bank branch outside Portugal. Readers have opened accounts at the Millennium bcp office at 63 Queen Victoria Street, London EC4N 4UA, and at Banco Santander Totta at 77 Piccadilly, W1J 8AY. Millennium’s own site points non-residents without a citizen card toward its representative offices in the UK, Switzerland and France—there’s nothing equivalent in the US or Canada.
Banco Atlântico Europa. Free, and popular around 2020 and 2021 when the alternatives had shut down. Since then we’ve heard consistently about openings dragging on for months and emails going unanswered. If you’re a year out with time to spare, try it. If you have a visa appointment in the calendar, I wouldn’t—use a paid service and remove the variable.
Opening an account in person
If you’re coming anyway, it’s worth an attempt. Go in knowing that rejections are common and even a yes can eat half a day.
You’ll read on Reddit that the major banks now refuse non-residents outright—that Millennium, ActivoBank, Santander and Crédito Agrícola all require a residence card. That’s broadly right about walk-ins, and it’s getting truer. It’s wrong as a general claim, because those same banks will open your account through a lawyer or a service. The distinction people miss is between walking in off the street and being submitted by someone the bank already works with.
Which is why the online services work at all. They deal with specific people inside the bank who handle non-resident applications routinely. Walk in yourself and you get whoever’s on the desk—someone who deals with local customers all day, may never have opened a non-resident account, and has no particular incentive to work out how.
You’re not paying for a form to be filled in. You’re paying for access to the one person in the building who knows what they’re doing.
What shifts the odds if you’re trying it anyway:
- Nationality matters, unfairly. EU and EEA citizens have the easiest time and Britons generally do fine. Americans struggle, largely because US reporting requirements—FATCA in particular—make American customers expensive to take on. Canadians do better than Americans without that layer, though still worse than an EU passport.
- Try more branches, not just more banks. A rejection at one branch is not a rejection by that bank. Decisions are made locally. This is the most underused advice here.
- Make an appointment. Many branches require one.
- Bank hours are short. Typically 8:30 a.m. to 3 p.m., weekdays only. Getting through the door before closing is what matters—they’ll finish with you afterward.
- Bring everything. Originals, not photocopies, and more than you think you need.
And if you’re here on a short scouting trip, weigh a day in a bank against the time you’d spend working out where you want to live or viewing rentals. Those are the things you can’t do from another continent.
What if you get rejected?
It happens, and it’s rarely personal. Here’s the order I’d work through.
Turned down in a branch: try another branch of the same bank before you try another bank. A no in one office genuinely doesn’t mean a no from the institution.
Turned down by a service: ask why. A documentation problem is fixable. A nationality policy isn’t, and another service using the same bank will say the same thing—so try one that works with a different bank. Three of the four above use Millennium; e-Residence uses Novo Banco.
Blocked because you can’t prove the visa application: if your consulate doesn’t issue a booking confirmation in a usable form, contact the provider’s support before giving up—Anchorless says they’ll look at those cases individually. Failing that, use a provider that doesn’t require the proof.
From an excluded country: speak to an immigration lawyer rather than another service. Lawyers have relationships that services don’t, and some can place clients an automated compliance screen rejects outright. It costs more. It also works more often.
If nothing works remotely: coming here in person becomes the realistic option, with the caveats above. Book appointments in advance and give yourself several days rather than one.
If your account isn’t ready in time
If your consulate appointment is approaching and the account still isn’t open, don’t cancel anything before you’ve asked.
A lawyer can issue a formal declaration confirming that the account application has been submitted and is being processed. Inês Silva’s experience is that consulates and VFS centers have been understanding about this because it’s happening to everyone, and she’s had clients accepted on that basis.
But the official checklists say a missing document can mean refusal, and I’ve no way of knowing how your consulate will handle it. Treat this as something that has worked for some people at some consulates, not as a plan. If you’re in that position it’s worth a call to a lawyer before you assume the appointment is lost—but don’t build your timeline around it.
Wise, Revolut, and N26
All three are useful once you’re here. None replaces a Portuguese bank account for a visa application.
- Wise isn’t a bank account and a Wise statement won’t reliably satisfy a consulate. It’s a good way to move money into one.
- Revolut operates here through Revolut Bank UAB, licensed in Lithuania, with a Portuguese branch registered with Banco de Portugal. It does issue Portuguese IBANs—but switching to one requires you to be legally resident in Portugal. As a non-resident you’d hold a Lithuanian IBAN, which is not the account you need. It’s a good option after you move.
- N26 is available in Portugal, but it issues a German IBAN. Fine for spending, wrong for a visa file that’s meant to show funds held in Portugal.
If you’re buying property rather than moving
Buyers are the second group who ask me about this, and the sequence isn’t what most people assume.
For the promissory contract (CPCV), you don’t need a Portuguese account. The 10% deposit can be transferred from any bank in the world.
At the deed, the money is settled through a Portuguese account in practice—usually a certified cheque or a transfer, with taxes paid the same day. That account doesn’t have to be yours: if you have a lawyer here, you can send them the funds and they complete the deed and settle the taxes from their client account. Ask how they want to handle it; they’ll have a preferred method.
If you’re going to spend time here you’ll want your own account anyway—for the annual property taxes, the utilities, the condominium fees and a Portuguese debit card. And if you’re financing, the mortgage will be with a Portuguese bank.
Novomove won’t open an account for a property purchase without a visa application. Anchorless and Visas.pt will, and e-Residence accepts a signed CPCV as qualification. Start early—completion dates move, and an account that isn’t open is a bad reason to lose a house.
Once you’re a resident
Everything relaxes. You can switch banks, open an ActivoBank account for free banking, or downgrade to a conta de serviços mínimos bancários—the legally capped basic account, which costs a few euros a year and generally requires you not to hold another current account.
I’d keep the premium account for the first few months regardless. It comes with an English-speaking account manager, and when you’re new here one person you can email is worth more than ten euros a month.
Adjust your expectations if you’re coming from North America. Banking here is fine. It is not exciting. Instant SEPA transfers are better than anything I had before and MB Way is genuinely good, but there are no rewards programs and little reason to shop around. Credit is the clearest example: the Prestige account advertises two Gold credit cards, but issuing them is subject to assessment and isn’t automatic. Portugal has no FICO equivalent, so your American or Canadian score means nothing here. What counts is time, income landing in the account, and a branch that knows you.
Frequently asked questions
Do I need a NIF first? In almost all cases, yes. A bank may occasionally issue a temporary NIF, but don’t count on it. Some services bundle both, though with the discount codes on my NIF page it’s usually the same price or slightly cheaper to buy them separately.
Can I open the account before I start my visa application? Yes, but only with a provider that doesn’t require proof the application is underway. Visas.pt doesn’t ask American, Canadian or British applicants for it. Novomove and Anchorless do.
Do I need a Portuguese address? No. Non-residents open accounts with a foreign address.
Should a couple open one account or two? One joint account. No extra fee for the second holder, both of you supply documents, and consulates accept a joint account for a couple’s savings requirement.
Are my deposits protected? Yes—up to €100,000 per depositor, per institution, through the Fundo de Garantia de Depósitos, whether or not you’re resident. On a joint account the limit applies to each holder separately, so a couple is covered to €200,000. Same standard as the rest of the EU.
What happens to the account if my visa is refused? It’s still your account. Keep it, or close it and stop the monthly fee. If you’re closing it, do it properly rather than letting the balance run down—an abandoned account keeps charging.
Why do I need a Portuguese account beyond the visa? Multibanco. Portugal’s payment network handles utility bills, taxes, transport and subscriptions through reference numbers paid via your bank or a Multibanco terminal. EU rules say a euro account from any SEPA country should be accepted for transfers and direct debits, and in practice Portuguese systems often expect a Portuguese IBAN. Living here without a local account is possible and thoroughly inconvenient.
Sources
Provider prices, requirements and turnaround times were checked directly in August 2026. Bank fees were checked against the banks’ own published price lists. Everything here changes—confirm anything time-sensitive with the provider before you pay.
- Whether a Portuguese account is required for the D7 and D8—the Portuguese consulate document checklists issued through VFS Global for applicants in the US. The D7 checklist asks for proof of funds available in Portugal; the D8 checklist asks for qualifying income without specifying a Portuguese account.
- Opening a bank account at a distance, and the basic bank account—Banco de Portugal: Opening an account and What is a basic bank account?
- The citizen card requirement for online opening—Millennium bcp, Open account online.
- Account tiers and monthly fees—Millennium bcp’s price list (preçário), section 1, deposit accounts.
- Visa proof requirements for non-EU applicants—Novomove’s published requirements, which also set out the visa-specific document lists and group UK nationals with EU and Schengen citizens.
- What the money-back guarantee covers—Novomove’s refund policy.
- Deposit protection—Fundo de Garantia de Depósitos.
- Novo Banco’s change of ownership—BPCE’s announcement of the completed acquisition, April 2026.
- Branch numbers—Millennium bcp’s 2025 full-year results and Novo Banco’s published activity figures.
- FBAR and Form 8938 thresholds—US Treasury / FinCEN and IRS.
- Revolut’s licence and Portuguese IBAN eligibility, and N26’s country availability—each company’s own help center.
Thinking about Moving to Portugal?