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 > €3,500 | 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 | Once you move to Portugal and update your address with the bank | ✔ |
| More Information | Novobanco Website | Millennium BCP website |
*The bank may ask for additional information and may refuse to open accounts at their discretion.
**Novobanco is FATCA compliant