Costs, Money And Banks in Portugal

Banks in Portugal

Several Portugal banks have ATM’S (automatic teller machine), enabling you to draw foreign currency while you stay in Portugal.

Normally if you open a bank account in one of Portugal’s banks, is recommendable compare commission rates for money transfer to and from Portugal. In most of the banks in Portugal you will find a few English speaking employees, the best chance is in the foreign exchange section of the bank. Habitually the Banks are open from Monday through to Friday, from 08.30 hrs. to 15.00 hrs and closed on Public Holidays and Saturdays.

Itausa Portugal

Rua Tierno Galvan, Torre 3, 11° Piso (Amoreiras) 1099-048 Lisboa
Telephone 351-21-388-7219

BCP – Banco Comercial Portugues

Centro Comercial Amoreiras, LOJA 5004 Lisboa
Telephone 351-21-381-7230

Banco Finantia

Rua General Firmino Miguel, 5 1600-100 Lisbon
Telephone 351-21-720-2000


Actually the money can be changed at Banks, Bureau de Change (Cambio) or at one of the currency exchange machines in the streets. The Euro cheque is a cheaper method than a Travellers Cheque to obtain cash. All well known Credit Cards are usually universally accepted.