IRS frequently publishes list of banks and financial institutions in Portugal,  with a Global Intermediary Identification Number (GIIN), in accordance with FATCA regulations. The following banks are FATCA compliant, for golden visa purpose, might be use for americans and expats investing in Portugal.

Top Banks in Portugal

The following are the popular banks among foreigners and expats to open a bank account in Portugal.

  • Bison Bank
  • Novo Banco
  • Caixa Geral de Depositos
  • Banco Santander Totta,
  • Banco Activo
  • Banco BPI
  • Millenium BCP

Full FFI List

The full list of FATA compliant banks in Portugal, can be downloaded as pdf (as of May 24,2024).

Bank Account

Please be reminded, to open a bank account, you should produce these documents.

  • Passport
  • Portuguese address
  • NIF tax number
  • Proof of economic status