Business account fees in Portugal: what you pay and why

Snapshot

Business account costs in Portugal split between traditional banks, which usually charge a monthly maintenance fee plus per transaction and card charges, and neobanks, which price by plan from a free tier up to about 90 euros a month. A 4 percent stamp duty, the imposto do selo, applies to many banking commissions.

Traditional monthly fee: Often a few euros to about 20 euros a month, plus per transaction charges
Stamp duty: Imposto do selo, commonly 4 percent on banking commissions
Neobank range: Free tier to about 90 euros a month depending on plan
Currency costs: Exchange spread matters most for cross border businesses

Fees and features as of 30 April 2026Last reviewed 30 April 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

As of 30 April 2026, a business account in Portugal costs more at a traditional bank, where a monthly maintenance fee, the comissao de manutencao, often runs from a few euros to about 20 euros a month, plus per transaction and card charges, than at a neobank, where plans run from a free or low cost tier up to about 90 euros a month. A 4 percent stamp duty, the imposto do selo, applies to many banking commissions and is added on top of the headline fee. For cross border businesses the exchange spread on currency conversion usually matters more than the monthly fee. Confirm the full price list with the provider before applying.

What a business account costs in Portugal

Costs split into two broad groups. Traditional Portuguese banks such as Millennium BCP, Caixa Geral de Depositos and Novo Banco usually charge a monthly maintenance fee, the comissao de manutencao, often from a few euros to about 20 euros a month, plus per transaction charges, card fees and charges for services such as cheques or cash handling. Neobanks and cross border providers such as Qonto, Revolut Business, Wise Business and Finom price by plan, from a free or low cost tier up to about 90 euros a month for richer features. As of 30 April 2026, confirm the full schedule with the provider, since fees change.

Stamp duty and the small charges that add up

A point that surprises many newcomers is the imposto do selo, a stamp duty that applies to many banking commissions in Portugal, commonly at 4 percent. It is added on top of the headline fee, so a maintenance charge or a transfer commission costs a little more than the quoted figure. Watch also for card annual fees, charges for paper statements, and fees for urgent or non SEPA transfers. As of 30 April 2026, ask the provider for the complete price list, the precario, which Portuguese banks publish.

Neobank pricing and currency costs

Neobank plans bundle a set number of transfers and cards for a flat monthly fee. Qonto runs from about 10 euros to about 90 euros a month, Revolut Business offers a free tier and paid plans up to about 90 euros a month with Lithuanian IBANs, Wise Business charges no monthly fee with a one time opening fee of around 50 euros, and Finom offers a free tier and paid plans. Currency conversion is where cross border businesses pay most, so compare the exchange spread, not just the monthly fee. As of 30 April 2026, confirm plan limits and conversion costs with the provider.

How to compare the real cost

Ask each traditional bank for its full price list, the precario, and add the 4 percent stamp duty where it applies.
For neobanks, check the plan transfer and card limits and what extra transactions cost.
If you handle other currencies, compare the exchange spread and per transfer fee, not just the monthly price.

Compare business accounts available in Portugal

These providers serve business customers in Portugal. Fees and eligibility shown as of 30 April 2026. Confirm current terms with the provider before applying.

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Questions about fees in portugal

How much does a business account cost in Portugal?

It depends on the provider. Traditional banks usually charge a monthly maintenance fee, the comissao de manutencao, often from a few euros to about 20 euros a month, plus per transaction and card fees. Neobanks range from a free tier to about 90 euros a month for richer plans. A 4 percent stamp duty, the imposto do selo, applies to many banking commissions. As of 30 April 2026, confirm the full fee schedule with the provider.

Is there a free business account in Portugal?

Fully free business accounts are uncommon. Some neobanks offer a free or very low cost entry tier with limited transactions, and Wise Business charges no monthly fee but applies a one time opening fee of around 50 euros. Traditional banks normally charge a monthly maintenance fee. As of 30 April 2026, confirm current terms with the provider.

What is the imposto do selo on bank fees in Portugal?

The imposto do selo is a stamp duty that applies to many banking charges in Portugal, commonly at 4 percent of the commission. It is usually added on top of the headline fee, so a quoted commission can cost slightly more once stamp duty is included. As of 30 April 2026, confirm how it applies to your account with the provider.

Do neobanks in Portugal charge for transfers?

Plans differ. Many neobanks include a set number of SEPA transfers each month and charge for extra transfers or for instant transfers, while currency conversion carries an exchange fee. Wise Business uses a low exchange spread and a per transfer fee, and Qonto and Revolut Business include transfers up to a plan limit. As of 30 April 2026, check each plan limits and fees.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 30 April 2026. Confirm current terms with the provider before applying.

Fees in Portugal