Opening a bank account is a simple process that provides you with a safe place to manage your finances.

Open a bank account



Open a bank account

If you do not have a Portuguese or Spanish bank account, you will need to open one. INL currently has agreements with Novo Banco, Activo Banco, Santander Totta, and Millennium BCP. If you choose one of these banks, please contact your HR Partner. They will arrange a meeting with a dedicated account manager who will provide you with all the necessary information and guide you through the process.

Required Documents:

  • Passport or ID

  • Document stating your NIF (tax identification number)

  • INL employment declaration

If you have proof of residence (such as a document from your landlord, real estate agency, or parish), you should bring this to provide your address to the bank. Additional documents might be requested depending on the bank you choose.

Click here for the conditions: Novo Banco, Activo Banco and Santander Totta.