Send or transfer money to Portugal

Want to wire money to Portugal? Considering a bank wire to send the money to Portugal? Before you visit your bank to organise it, make sure you check out the wire transfer fees. You may get a shock the amount the costs will be and depending on the amount of the wire, it might be better to have a look at the alternatives to send the money using another method.

What makes it even worse is in addition to your financial institution adding a fee for sending the money to a bank in Portugal, the recipient receiving the money transfer will most likely be charged a fee from their bank. A way to minimise the likelihood of this charge is to remit the international wire transfer in the currency of their bank account.

To make a wire transfer to Portugal, you might require a SWIFT code. These are unique codes for each bank and based on a number of things including the bank and country.

Bank wire details for Portugal

  • Country – Portugal
  • SWIFT Country Code – PT
  • Central Bank Name – Banco de Portugal
  • Currency – Euro
  • Currency Code – EUR