Why use Touchdown?
Open a Portuguese Bank Account
Open a premium Portuguese bank account online with Touchdown. A bank account is essential for establishing yourself in Portugal and managing your finances. A Portuguese bank account is also required for obtaining a Portuguese Visa.
€325
one time
- Novobanco Premium Account
- Full Application Support
- Priority Onboarding
- Dedicated Bank Account Manager
Purchase Bank Account
A Premium Bank Account
Touchdown has partnered with Novo Banco: a leading bank in Portugal, to allow you to apply for your account online. We ensure you get a Premium Account with a dedicated account manager and homebanking.
Normally, you need to be present in a Portuguese bank branch. With Touchdown, our team will go there on your behalf: handling document review, compliance and onboarding.
Five day turnaround,
with Touchdown
Requirements
Portuguese NIF (Fiscal Number)
Valid passport or national ID (for EU citizens)
Proof of address
Residence permit (if residing in a country different from the one of the passport)
Tax ID document from the country of origin or residence
Signed W-9 Form (for US citizens or residents)
Proof of income
Get your Portuguese Bank Account in four simple steps
We make navigating bureaucracy easy. Here's an overview of how to open your Portuguese bank account with Touchdown.
1
Checkout securely with Stripe
1 minute
Purchase Touchdown's Bank Account service online using your preferred payment method. You can pay securely with your credit or debit card, bank transfer and other payment methods.
2
Prepare your documents
5 minutes
We'll reach out to you to electronically submit the required documents: NIF, a copy of an ID document, proof of address, tax ID document, proof of income and any other required documents.
3
Get your documents verified
30 minutes
Our in-house legal team will immediately review your documents and provide guidance on their suitability. We'll then prepare a power of attorney document that allows us to represent you in Portugal, which you'll sign electronically.
4
Open your bank account
Up to 5 days
We'll get to work to open your Premium Account at Novo Banco. The turnaround times may vary, as the processing time is dictated by the bank. Our responsive team will keep you updated during the entire process.
Purchase Bank Account
We understand that every move is different
Our team has lived the complexities that come with setting up a totally new base: from chasing down legal teams to arranging housing in a foreign country.
We've built Touchdown to change this. A service where transparency, visibility and control are prioritised, and technology is balanced with responsive legal expertise.
Meet the Touchdown Team
We're a registered Portuguese law firm, you have a direct line into a team of world-class lawyers.
Meet the Touchdown Team
We respond within 24 hours and always communicate with clarity.
View our company mission
Hundreds of customers have secured their bank account with Touchdown.
Hear from our customers
Your most common questions, answered
More questions to ask? Reach out to our responsive team.
Touchdown prefers to work with Portugal's expat friendly bank: Novo Banco. We have working relationships with the bank and we're familiar with their onboarding process. We offer a Premium Novo Banco account by default which includes posted debit and credit cards, homebanking and a dedicated account manager from the bank. We can work with other banks as per your specific needs.
Touchdown's account opening service normally gets you a Portuguese Bank Account within 5 working days. Touchdown's preferred bank may require enhanced due diligence on some customers such as customers from what they deem to be higher-risk countries. Touchdown’s team provides full service for these cases and will work with the onboarding and compliance departments to ensure a smooth process.
No, you don't need to be a Portuguese resident. Touchdown can open an account even if you live abroad.
Some accounts require an additional compliance review before becoming fully active. In these cases, the account will be open but limited until the review is complete. Our team will guide you through the process and liaise with the bank to resolve any questions.
Yes, with Touchdown's Bank Account Service, you can open a bank account online, and even as a non-resident.
Yes, US citizens can open a bank account remotely. Touchdown's partnership with Novo Banco means we can help you open an account as a non-resident foreigner.
Information: Full name, marital status, passport number and validity date, place of birth, nationality and address. Documents: Passport (needs to be at least 3 months from its expiration date), proof of address (less than 12 months old and from an official authority or service provider), Portuguese Fiscal Number (NIF), taxpayer card from your home country or any equivalent document, employment status proof (job contract or service providing contract and payslips/invoices). If you do not work, any document that shows any income you might have. A W-9 document is required for US citizens and residents. The documents must be in Portuguese, English, Spanish or French. If you don't have documents in one of these languages, an official translation is required. Touchdown's team can help you with translations.
Touchdown supports clients from almost every country, except internationally sanctioned countries. Examples include Russia and Iran.
Touchdown is Portugal's leading relocation platform; backed by a veteran team of Portuguese lawyers. Think of Touchdown as both your relocation companion and personal legal team - everything you need to setup and thrive in your new home integrated into a single, simple to use platform. From visa and residency support, tax and business setup, to navigating life after you land, our team supports you every step of the way.
