Which bank can I open an account with?
Bordr currently opens bank accounts with the banking partners below. We work with these banks because they're able to assist with the opening of bank accounts remotely.
Please see the chart below for a comparison of the 2 types of bank accounts we currently open for customers.
Novobanco 360º | Millennium BCP Prestige | |
Eligibility | Monthly Income > €2,500 | D1/D2/D3/D7/D8 and Golden Visa (Investment Fund)* applicants *You need to provide proof of your visa application and a lease agreement in Portugal. |
Monthly Fees | €5.72 - €8.84 | €5.20 - €15.60 |
Physical Branches in Portugal | 300+ | 900+ |
Debit Card | ✔ | ✔ |
Credit Card | ✔ Subject to approval | ✔ Subject to approval |
Dedicated Account Manager | ✔ | ✔ |
More Information | Novobanco Website | Millennium BCP website |
*Bank may ask for additional information and may refuse to open accounts for citizens of certain countries they deem to be high risk
**Novobanco is FATCA compliant