Opening bank account in-country - Page 2 – Non EU Folk – Expats Portugal Community Forum
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Opening bank account in-country

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Posts: 25
Premium Member
Topic starter
(@sbwtwo)
Member
Joined: 2 years ago

Good morning, fellow travelers and potential immigrants. 

I will be in Portugal on my scouting trip in a few weeks.  I have my NIF and now hope to open a Portuguese bank account, but one of the stated required documents has me concerned.  I see there is a need to produce recent pay stubs.  (Un)fortunately, I am no longer employed (I retired last year).   I have savings to draw down before I begin a regular withdrawal from my retirement accounts in a few years.

Has anyone who does not receive a regular paycheck been able to open a bank account?  I can show the balances in my US accounts as evidence that I am financially sound, but the last pay stub I have will be nine months out of date.

Hoping to set up an account with ActivoBank, but would do so with Millenium if only to get through the visa application process.  However, if there is a pay stub requirement, ...

Thank you,

scott

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6 Replies
Posts: 459
Community Member
(@aspidistra)
Member
Joined: 1 year ago

That's good they will accept tax returns in lieu of pay slips. Thanks for the info.

I tried again to open an ActivoBank account online but it won’t let me without a citizen’s card. Sadly no branches in the south as far as I can see.

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