What can I use as proof of income for Novobanco?
In order to open a bank account with Novobanco, you need to meet the monthly income requirement of €2,500 EUR.
The type of proof of income document(s) that you need to submit depends on your current employment status. Please see the table below for more details.
Employment Status | Required Documents |
Employed |
|
Self-Employed / Freelancer | You must provide all of the following:
|
Business Owner | You must provide all of the following:
|
Retired |
|
Property Owner | You must provide all of the following:
|
Housewife / Househusband | This status is only allowed if you are applying for a joint account and the other account holder meets the monthly income requirement of €2,500 EUR. No additional documentation is required. |
Requirements
Your document must satisfy the following criteria:
- Monthly Income Requirement
- Your documents must demonstrate monthly income of at least €2,500 EUR.
- Your income must be in a currency that is recognized by the Bank of Portugal.
- Information
- Full name (given name + surname) must match the name on your passport
- Income details should be visible and not blacked out (e.g. salary, account balances, etc)
- Image Quality
- Text is legible
- No shadows
- No light reflections
- All four corners of the document are visible
- Document Language
- Your document must be in English, Portuguese, Spanish, or French.
- If your Proof of Address is not in any of the languages above, please refer to this guide - What if my document is not in a supported language?