Portugal

A range of services that will allow you to open your account in Portugal easily and simply. You will also be able to manage all your financial operations without having to move outside of the country.

Electronic management of documents

Request opening of an account in the BPI through CaixaBankNow or directly through your branch.

Principal advantages:

• The account-opening documents are sent in electronic format and in Spanish.

• Spanish companies in Portugal receive total support from the Service Desk Centre.

Non-resident accounts

If your company has transactions with Portugal, you can open a non-resident account with BPI, anywhere in Portugal. You will have more than 53 companies that will put their products and services at your disposal.

Savings on transactions and costs

With this service, your company will avoid having to translate documents into Portuguese, as well as having to provide the Hague Apostille (international legalization of public documents).

An operation that will allow you to manage your habitual transfers (payment to suppliers, wages etc.) to BPI accounts and to Portugal as if they were in Spain.

Principal advantages:

• Transfers carried out before17:00 h will be paid into the beneficiary account on day + 1 and without costs for the beneficiary.

• Possibility of carrying out remittance of transfers from CaixaBankNow to the BPI individually or in files.

• Availability of urgent transfers for high amounts processed on the same day. They will be sent before 15.00 h and will be received by the beneficiary bank the same day.

Obtain more efficient management of your cheques which will allow you greater control over your cross-frontier payments.

Principal advantages:

• Reduction of the necessary time scale for management of the collection of your cheques payable in Portugal.

• Possibility of truncating the cheques from your company, through the same system of on-line management of cheques and promissory notes used for Spain, with which the administration proceedings and days of the collection circuit are considerably reduced.

• Better and faster communication about possible refunds.

Eliminate paper in the administration of your receipts from Portugal making your remittances through an electronic format file.

Principal advantages:

• Similar operations to the Spanish system.

• On-line management allows for adjustment of the time periods to the maximum and optimization of the treasury.

Optimize the management of your international treasury and carry out your payments and collections in Portugal and in Spain with the consequential savings in costs.

• Information and daily statements of your accounts in BPI, available in the SWIFT MT940 and Cuaderno 43 formats so that you can include them in your own accountancy system.

• Repatriation of funds from your account in the BPI to CaixaBank or any other bank in Spain, Portugal or other parts of the world.

• Automatic centralization de funds which will allow you to establish your own parametres (date, amount, balance, etc.) and carry out your transfers automatically from BPI to CaixaBank and vice versa.

Principal advantages:

• Use of a unique electronic banking system (CaixaBankNow).

• Complete management of payments and collections in Spain and Portugal.

• Greater efficiency in the management of your treasury and financial resources.

• Optimization of balances and improvement in their profitability.

• Management of the funds of affiliate companies, both in Spain and in Portugal.