They offer products designed for residents
Posted: Sun Jan 19, 2025 7:09 am
Let's analyze how they work and what advantages they offer for expatriates or long-stay travelers. Also the differences, these will help you make a better decision to manage your finances:
Portugal, types of banks that operate in the netherlands phone number library Portuguese country Different types of banks operating in Portugal shutterstock
Neobanks or digital banks
Neobanks are 100% digital banks that don't have physical offices. Everything from opening your account to managing your transactions is done online. All you need to manage your money at a neobank is their mobile app and your Holafly eSIM (or a stable connection). Their minimalist, tech-savvy approach is perfect for those who value convenience and want to avoid unnecessary paperwork.
Why choose a neobank in Portugal?
Account opening is completely digital. It doesn't matter if you are in Portugal or any other country, you will only need a device with an Internet connection to get started.
Fees are usually lower than at traditional banks. This means you'll save on maintenance and international transfer fees.
Portugal, types of banks that operate in the netherlands phone number library Portuguese country Different types of banks operating in Portugal shutterstock
Neobanks or digital banks
Neobanks are 100% digital banks that don't have physical offices. Everything from opening your account to managing your transactions is done online. All you need to manage your money at a neobank is their mobile app and your Holafly eSIM (or a stable connection). Their minimalist, tech-savvy approach is perfect for those who value convenience and want to avoid unnecessary paperwork.
Why choose a neobank in Portugal?
Account opening is completely digital. It doesn't matter if you are in Portugal or any other country, you will only need a device with an Internet connection to get started.
Fees are usually lower than at traditional banks. This means you'll save on maintenance and international transfer fees.