Transfer Money to Portugal
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Transfer Money to Portugal

Save up to 85% with better than bank exchange rates
  • Compare the world's leading foreign exchange companies
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Compare Money Transfers to Portugal

Compare the world's leading foreign exchange companies. Save up to 85%

Sending money to Portugal? Compare & save in 3 simple steps

In just 3 simple steps, we will search to find you the cheapest money transfer deals. We list only FCA regulated companies so you can trust that our service is reliable and equitable; simply choose one from the table, submit your details and we do the rest.

Compare cheap money transfer deals to Portugal

Ditch the bank on your next money transfer to Portugal. Our award winning comparison service lets you compare the best value money transfer deals from the world's leading foreign exchange companies. Our custom built technology helps tailor quotes to suit your individual or business needs. Our research shows that non-bank foreign exchange specialists apply much sharper rates by as much as 85%. So, join the revolution & avoid those sneaky bank fees next time your sending funds to Portugal . Every day, we're helping thousands of individuals and businesses make cheaper pound to euro international money transfers.

Perhaps you are looking to purchase a holiday home in the scenic Algarve or importing goods from Lisbon. Whatever the purpose of payment, we will help you save a significant amount of time and a considerable amount of money when transferring Euros (EUR) to Portugal.

What do I need to send money to Portugal


For your convenience, we have compiled a checklist of the account details you will need to transfer money to the beneficiary.

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internationally agreed means of identifying bank accounts across national borders with a redued risk errors.
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Swift/BIC code
Society for Worldwide Interbank Financial Telecommunication more effiecient and secure system for inter bank communications and transfer of funds
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Bank Name/Address
the name and address of the recipient bank
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Account Number
the primary account number found on credt cards and bank cards
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Account holders name
the primay account name found on credit cards and bank cards


  • Single bank
    Millennium BCP
  • Single bank
    Banco Espírito Santo (BES)
  • Single bank
    Banco Bilbao e Vizcaya (BBVA)
  • Single bank
    Banco Português de Investimento SA (BPI)
  • Single bank
    Santander Totta
  • Single bank
    Barclays Bank

Money saving and currency tips for Portugal

Only income obtained in Portugal is subject to taxation, at a rate of 20%. However, income derived from real estate is subject to a tax rate of 10%.
When buying property in Portugal, expect deposits of 10-25% of the purchase price, after which lawyers will make checks on the property.
It is possible to make a number of limited income deductions in Portugal for health and education expenses.
Non-residents need to obtain a Fiscal Number from the local tax office to be used on all documents relating to the purchase of the property.
Popular transfer reason
The most popular reason for transfering money to Portugal is
Property purchase/sale
Average transfer
The average amount transfered to Portugal is
47,988 EUR
Speed of transfer
Most transfers to Portugal will be completed within
1 working day
Individual tax rate in Portugal is
Average property price
The Average property price per square meter in Portugal is
1,612.38 EUR
The Average price of rent for a 3 bed city apartment in Portugal is
772.86 EUR

As seen in

The telegraph
The guardian
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