Money and Payments

How to Open a Bank Account as a Newcomer in Lisbon

Which Portuguese banks accept foreigners and what you need.

Action checklist

Complete these steps in order for the fastest, safest setup.

1NIF (tax number) is required before opening any Portuguese account
2Millennium BCP: most branches have English-speaking staff
3ActivoBank: free digital account, best for tech-savvy expats
4Bring passport, proof of address, and NIF to branch appointment

City context: Dubai

These steps are tailored for newcomers in Dubai. Costs, availability, and requirements may differ in other cities — switch the city selector above to switch context.

Read what residents say about Money and Payments in Dubai

Money and Payments

How to Open a Bank Account as a Newcomer in Lisbon

Which Portuguese banks accept foreigners and what you need.

Action checklist

Complete these steps in order for the fastest, safest setup.

1NIF (tax number) is required before opening any Portuguese account
2Millennium BCP: most branches have English-speaking staff
3ActivoBank: free digital account, best for tech-savvy expats
4Bring passport, proof of address, and NIF to branch appointment

City context: Dubai

These steps are tailored for newcomers in Dubai. Costs, availability, and requirements may differ in other cities — switch the city selector above to switch context.

Read what residents say about Money and Payments in Dubai