Before You Buy — Bank Account
We prepare and coordinate your application remotely, so you don’t need to be in the country. You’ll need a NIF first — and if you don’t have one yet, we can do both together.
Opening a Portuguese bank account is one of the first things you’ll need when moving to Portugal — and it can usually be done remotely. Here’s how it works, and how we can help.
On its own, an account. On your plan, the foundation your lease, your taxes and your whole setup lean on. Open it alone, or as part of a move we run.
In most cases, yes. We prepare and coordinate your application remotely, so you don’t need to fly to Portugal. You’ll need a NIF (tax number) first, plus your passport and a recent proof of address. The bank makes the final decision — our job is to give your application the best possible footing.
A NIF has to be in place before you can open an accountThe bank always makes the final call
What you’ll need
To open a Portuguese bank account, the bank will generally need:
No NIF yet? Our NIF + Bank bundle handles both in one coordinated process.
How it works
Pick bank-only (if you already have a NIF) or a bundle. Payment instructions follow by email.
Within 24 hours you receive an email with the exact documents the bank needs and a secure upload link.
You upload your passport, NIF and proof of address through the secure link — never as a plain email attachment.
We complete the paperwork and coordinate the application with the bank, answering its standard questions with you.
The bank reviews and, where approved, opens your account and issues your details (IBAN). The final decision is the bank’s.
Watch
A short walkthrough from our @molportugal channel. Nothing loads until you press play.
What we can — and can’t — promise
We prepare and coordinate your application, but the final decision is always the bank’s. Banks are legally required to verify your identity and the origin of your funds — those checks are theirs, not ours, and they may decline an application under their own policies.
That’s simply how banking works everywhere, and we’d rather be upfront about it than over-promise. What we can do is give your application the strongest possible footing: the right documents, prepared correctly, submitted to the right people, with the bank’s standard questions answered clearly.
Our refund policy
If you provide all the exact documents and information the bank requires and the bank still declines your application, we refund 50% of the bank-account fee.
If an account isn’t opened because the information provided was incomplete or incorrect, the fee is non-refundable.
Any third-party or government fees already incurred are non-refundable.
These terms match our Terms of Service. If anything is unclear before you order, ask us — we’d rather you understand exactly what you’re paying for.
Pricing
Fixed prices. If you don’t have a NIF yet, the bundles include it — and the bundle works out cheaper than buying each separately.
€350
For one applicant who already has a Portuguese NIF.
€480 — save €20
No NIF yet? We do both, for one person, in one process.
Includes year 1 of fiscal representation. From year 2: €100/year per person — cancel anytime.
€890
Two applicants — both NIFs and both bank accounts, together.
Includes year 1 of fiscal representation. From year 2: €100/year per person — cancel anytime.
€130 + €330 /person
For families of three or more: a base plus a per-person rate covering each NIF and bank account.
Includes year 1 of fiscal representation. From year 2: €100/year per person — cancel anytime.
Prices in EUR. A bank account requires a NIF. Third-party or government fees, where any apply, are shown before you commit. Payment is taken after you order, by the instructions we email you.
What actually decides it
Every non-resident is asked the same things — who you are, where you live, and where your money comes from — because banks are legally required to verify your identity and the origin of your funds. The application rarely fails on the bank’s mood; it succeeds or stalls on whether those answers are prepared correctly. Getting that right is most of the job. Start with your NIF →
Bank Account FAQ
Keep going
A bank account needs a NIF. If you don’t have one yet, this is where to start — or take the bundle.
VisasPlanning the move itself? See how the residence visas work and what each one needs.
Buyer’s AgentOnce your NIF and account are set, this is how we help you buy — on your side only.
A bank account is one piece of getting set up in Portugal. If you’d like the whole move mapped to your situation, the Portugal Path Session makes it clear — or if you just need the account opened, we can help with that.
Tell us about your move
Share a few details and we’ll come back with personalised information for your situation.
Your order
The Path Session is always €250 — the discount applies to the groundwork only. Payment is taken securely after you continue.