Why choose a local bank?
Posted: Sun Jan 19, 2025 7:09 am
These banks' apps are very useful for managing your finances. They include tools for analyzing expenses, personalized budgets, and real-time alerts that make it easier to control your finances.
Some popular options:
Revolut : Ideal for frequent travellers, with netherlands phone number library commission-free currency exchange and options like virtual cards for secure online payments.
N26 – Perfect for expats, it integrates advanced features such as international transfers with Wise and clear financial reporting.
Wise : Although it is not a bank as such, it is an excellent option for financial transfers between countries and manages balances in different currencies.
Local banks
Traditional Portuguese banks are the best choice if you are looking to fully integrate into the country's financial system. In addition to offering financial products tailored to the local market, they have a wide network of branches and ATMs.
Financial advisors have in-depth knowledge of the Portuguese system and can help you with specific procedures such as mortgages, health insurance for foreigners in Europe or savings products.
Bank accounts usually include access to the Multibanco network, one of the most comprehensive in Europe. You can make transfers, pay bills and manage basic services.
Some popular options:
Revolut : Ideal for frequent travellers, with netherlands phone number library commission-free currency exchange and options like virtual cards for secure online payments.
N26 – Perfect for expats, it integrates advanced features such as international transfers with Wise and clear financial reporting.
Wise : Although it is not a bank as such, it is an excellent option for financial transfers between countries and manages balances in different currencies.
Local banks
Traditional Portuguese banks are the best choice if you are looking to fully integrate into the country's financial system. In addition to offering financial products tailored to the local market, they have a wide network of branches and ATMs.
Financial advisors have in-depth knowledge of the Portuguese system and can help you with specific procedures such as mortgages, health insurance for foreigners in Europe or savings products.
Bank accounts usually include access to the Multibanco network, one of the most comprehensive in Europe. You can make transfers, pay bills and manage basic services.