Join Nick Smith and Tiago from BankInter as they dive into the world of banking in Portugal. Tiago, with over 15 years of experience, shares his insights on the ease of setting up bank accounts and the advantages of traditional banks.

From personal to company accounts, discover how straightforward banking can be with the right guidance. Learn about the challenges, solutions, and why traditional banks might be the safer choice for your financial needs in Portugal.

Contact Tiago and start your journey to Portugal today:Tiago FigueiredoDiretor de Conta Negócios • European Investment PractitionerT +351 289 359 426 • M +351 910 056 722tiago.figueiredo@bankinter.com

Chapters

00:00 Introduction

00:38 Tiago and BankInter’s Introduction

02:02 Banks as allies to your business and daily life

04:38 Opening a bank account for the Visa process

06:42 What do you need to open a bank account?

10:00 Contingencies

11:07 Is Power of Attorney enough to open a bank account?

12:50 Flagged countries and restrictions

15:52 Closing an account

16:57 Types of accounts and fees

19:11 Neobanks vs. Traditional Banks

19:33 How to contact Tiago

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