What Is the Simplest Way to Open a Bank Account in Portugal?

The necessity to open a bank account in Portugal can occur anytime. Accordingly, the person facing it starts to think about how to do this in the most effective way. The traditional solution is visiting the local branch of the bank that seems to suit you most of all. However, this variant is not really convenient in some cases.

Well, here’s a great option which is to open a bank account in Portugal online. Follow this article to learn more details about this process.

Why Is Such a Variant More Suitable for the Majority of People?

First of all, this option is about the opportunity to save time greatly. You do not have to leave your house to proceed with all the necessary steps that are essential in order to open a bank account. Accordingly, you get the chance to devote this free time to something that seems more crucial to you at this very moment.

Second, you do not have to go anywhere in order to receive your bank cards. They will be sent to you by mail in case you choose to work with a reliable provider of this kind of help.

Besides, such a variant may be cheaper. However, everything depends on what rate the team you will be dealing with is eager to suggest.

Nevertheless, there is one important aspect for everyone to remember: opening a bank account may take more time than doing this with the help of a personal visit to one of the banks in some cases. So, this point should necessarily be clarified when you intend to order such assistance.

What Shall You Start with?

The very first thing to consider is to choose who you will cooperate with. It should be a team of experts who have strong ties with the banks they deal with. Normally, it is possible to order the opening of a bank account in Novobanco without any hardships.

Well, a great staff to collaborate with normally behaves this way:

• They are very polite and never hurry with what they do;
• If there is some issue with the documents you have presented, they will ask you to fix the matter in order to be able to help you faster;
• The team is ready to offer a nice website that suggests a clear description of what services they are eager to present the clients with (including the service of opening a bank account in Portugal online).

How to Come Across the Trustworthy Team That Will Be Able to Assist You?

First of all, it is vital to take a look at all the features of a reliable provider that were represented above. Besides, it is sensible to pay attention to the process itself. You need to study what documents you will have to enclose and investigate other details of the procedure.

If you feel uncertain about something, it is an awesome idea to ask the team about it. If you receive a fulfilling answer that will satisfy you, it is a sign that you may count on them with opening your bank account.

Besides, it is also important to check what bank the staff of a particular company works with. the bank should be trusted across Portugal. If you have not seen the mentioning of the particular bank’s name anywhere, it is not okay.

The Average Price for This Kind of Service: What Is It?

Different intermediaries charge various sums of money for such a service as opening a bank account in Portugal online. It is clear that this cannot be too expensive. The specialists should proceed with checking your docs, interacting with the representatives of the bank, dealing with all hard issues, and so on. That is why the pricing may be rather relevant to face.

However, the average cost you are likely to pay for opening a bank account using the remote option is about 300 EUR. This should not be considered too expensive.

If you do not agree with the price that is offered by a particular provider, there is the sense in trying to search for someone else. You need to be satisfied with what you get in the end.

What Does the Procedure of Remote Opening a Bank Account Looks Like?

Typically, all the client has to do is provide the intermediary with the documents that are going to be essential for opening a bank account online. Here they are (sure, this list may change depending on who you work with and the requirements of the bank):

• Scan of the passport;
• Statement of residence and income;
• NIF;
• Tax number from the country of residence.

This is it. After the documents are enclosed, it is time to pay a fee and wait for the result.