Recommend bank - Banking and finances in Tavira - Tavira forum - Algarve forum in the Southern Portugal province of Portugal

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Recommend bank

Posted: Wed Nov 24, 2021 6:37pm
1 reply38 views3 members subscribed
Wally price

Posts: 2

Location: Tavira

Joined: 5 Nov 2021


Moving to Tavira next week. Looking to open a bank account ( recommend ones)

Also looking to buy a car and what is involved.


Wally Ptice


Posted: Wed Dec 1, 2021 9:06am

Posts: 11

1 helpful points

Joined: 3 May 2020

Posted: Wed Dec 1, 2021 9:06am

I am just changing away from Santander Totta, their charges are high and they insist on an insurance product.  that is my opinion of course, have changed to Millenium BCP, still had aggro getting account open properly (took 5 visits).. The web site is good and the app is also good.  I do like the virtual Credit Card on MultiBanco (I am not sure if this is available with other banks), as you can set up cards for specific companies or specific amounts only.  anyone then tries to ahck and use the card they would be limited in what they can take.

Like other banks they also have a facility to transfer money from the UK free and at the Via/Mastercard rates, so you get the exchange rates you google.

Remember, credit cards here do not offer the protections you get in the UK.

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