Send money to Portugal

Send money to Portugal

How to make an international payment to a Portuguese bank account

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Get more for your money on your international payment to Portugal

If you are buying a property abroad, emigrating there for good or sending money abroad to a friend or family member, we offer a quick and easy way to transfer money from UK to Portugal.

£35.5bn traded in 2018 in over 100 currencies

£35.5bn traded in 2018 in over 100 currencies

Make payments 24/7 with secure online access

Make payments 24/7 with secure online access

Thousands of 5 star reviews from happy customers

Thousands of 5 star reviews from happy customers

Providing competitive exchange rates since 1979

Providing competitive exchange rates since 1979

Open an account to start transferring today

Open an account to start transferring today

Save money and time on your payment to Portugal

Enjoy a competitive exchange rate, often better than the UK high street banks, when you transfer money to Portugal with moneycorp. In addition, our low transfer fees make it an even more cost-effective way to send money abroad.

 

How do I send money to Portugal?

Signing up for a moneycorp account can be done in a matter of minutes, after which all you need to do is fund your account to exchange up to 33 currencies online (with over 120 currencies available over the phone).

We provide our best exchange rate for your payment to Portugal, while you can send money online or over the phone via one of our currency specialists.

 

Send money to Portugal online

Enjoy 24/7 access to your funds from your online account, where you can send money online around the clock. Set up a new recipient or select an existing one to send money to Portugal online. Simply provide the banking details and enter the amount you wish to send, and we’ll have your money on its way in no time at all.

Most online payments to Portugal take between 1-2 working days. Alternatively, you can make a payment over the phone with the assistance of our team of dedicated currency experts.

 

Information you’ll need for a bank transfer to Portugal

If you plan on sending money to a Portuguese bank account, you will need to obtain the IBAN (International Bank Account Number) and BIC / SWIFT code of your recipient. Both of these will enable your bank to identify the recipient bank and specific account to send the funds. 

Read our guides for more information on IBAN numbers and BIC codes.

 

What does a Portuguese IBAN look like?

Every Portuguese bank account will have an IBAN, enabling your bank to identify the correct account for your international transfer. A Portuguese IBAN is 25 characters long (example below), consisting of an ISO Country Code, two IBAN check digits and a Basic Bank Account Number (BBAN). The BBAN consists of a sequence of numbers itself, beginning with a Bank Identifier code and continuing with a Branch Identifier, Account Number and BBAN check digits.

Example of a Portuguese IBAN:

PT50 0123 4567 8901 2345 6789 0

 

Get the most out of your account

  • A moneycorp explorer card is convenient for all your travel currency needs. You can load 10 currencies onto the one card and control all of your foreign payments from one handy place. On top of this, we won’t charge you to withdraw or spend any of these currencies when you use your card abroad.
  • The GBP to EUR exchange rate can be tracked through your online account. In addition, you can also set up an exchange rate alert to ensure you are notified via email and/or SMS when the rate is at a certain level. This way you can transfer money with the rate that you want.
  • You can create and manage regular payments to Portugal over the phone, ideal for mortgage payments, rent, bills and other expenses.

Why choose moneycorp...

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Competitive exchange rates

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Zero transfer fees online – make your money go further

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Relevant customer funds are safeguarded in segregated bank accounts

How to send money to Portugal

Sign up

Sign up

Signing up for a personal moneycorp account is quick, easy and free.

Arrange a transfer

Arrange a transfer

Tell us who to pay, which currency you need and how much to send.

We exchange it and deliver it safely, on time

We'll make your payment

We'll exchange and deliver your payment, on time, leaving you to get on with your life.

Our partners include...

      
Competitive exchange rates and no transfer fees

Competitive exchange rates and no transfer fees

Buy property in Portugal

Buy property in Portugal

Purchase your dream home in the sun and enjoy savings on your international payments.

Find out more
Cost of living in Portugal

Cost of living in Portugal

Read up on the price of renting, buying property, transport, schooling and other amenities.

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Emigrate to Portugal

Emigrate to Portugal

Read our guide on emigrating to Portugal and starting a new life overseas.

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