Banking Services

BPI Bank

With your Erasmus Life Porto Card, you can open a free Portuguese Bank Account without a NIF number!

What are the advantages of a Portuguese bank account?

  • Avoid carrying too much money around;
  • Avoid paying maintenance/cancellation bank fees;
  • Avoid paying withdrawal taxes, or commissions for bank transactions;
  • Be able to pay your rent and day to day expenses easily;
  • Be able to charge your Portuguese mobile phone in any ATM;
  • Charge your monthly transportation pass;
  • Pay all kind of services, and more!

  • Form for registration costs 5€ at the Erasmus Life Porto office.
  • Free account for up to 6 months and up to 26 years old. Different conditions may apply in other circumstances.
  • No need for portuguese NIF number.
  • Copy of ID or Passport necessary. Other documents might be necessary for students or international people outside of the EU.