PortugalEUREuro
Portugal is one of the primary destinations for Russian-speaking emigrants from Russia after 2022: family support and payment of Portuguese accounts have become frequent requests. EUR recipients accept funds to an IBAN PT account (25 characters), Visa or Mastercard, or cash by arrangement with a manager. As an EU country, Portugal has imposed targeted sanctions against specific individuals, but transfers by ordinary citizens are not blocked—ATM24 routes transfers through correspondent banks not subject to restrictions.
The route, the receiving bank and the payout amount are agreed before payment.
Transfers to Portugal can be credited in euros (EUR) to a bank account with IBAN PT, Visa and Mastercard cards, or cash. Major recipient banks include Caixa Geral de Depósitos (CGD, state bank), Millennium BCP, and Banco BPI. Banco de Portugal regulates the country's banking and payment sector and is part of the European System of Central Banks. To transfer to an account, you typically need the recipient's IBAN, bank BIC/SWIFT, and the recipient's full name. A Portuguese IBAN contains 25 characters: starts with PT, followed by 2 check digits and 21 digits of bank details; example format — PT50 + 21 digits. As an EU country, Portugal applies EU sanctions in force against Russia, so the possibility of a specific transfer depends on the recipient bank, correspondent bank, sender, and AML/KYC check results.
ATM24 verifies the available route in advance through correspondent banks not subject to restrictions. Multibanco is Portugal's national payment network for domestic payments, cash withdrawals, bill payments, and other operations; SWIFT is used for international bank transfers. ATM24 commission starts at 0.9% with no additional markups to agreed terms. International transfer settlement typically takes several business days and is confirmed when processing your request.
EUR. Cards linked to IBAN PT. Issuing banks: CGD, Millennium BCP, BPI. Commission from 0.9% with no markups to exchange rate. Settlement time to be confirmed with your manager
EUR. IBAN format: PT50 + 21 digits, total 25 characters. Recipient banks: CGD, Millennium BCP, BPI, Santander Portugal. Commission from 0.9% with no markups to exchange rate. Credit within several business days (confirm timeframe with your manager)
By arrangement with a manager. Confirm list of payment points when processing. Receipt in euros (EUR). Commission from 0.9%. Payment points—contact ATM24 manager
Portugal is a popular destination for Russians who relocated to Europe after 2022. ATM24 routes EUR to Portuguese bank accounts through correspondent banks that are not subject to restrictions. Confirm the current route with your manager before sending.
We accept RUB, USD and USDT — we pay out in EUR
RUB EUR
0.009257per 1 RUB
10 000 ₽ = 92.57 EURUSD EUR
0.8298per 1 USD
100 $ = 82.98 EURUSDT EUR
0.8298per 1 USDT
100 USDT = 82.98 EUR| You send | Payout in EUR |
|---|---|
| 100 USDT | 82.98 EUR |
| 300 USDT | 249 EUR |
| 500 USDT | 415 EUR |
| 1 000 USDT | 830 EUR |
| 5 000 USDT | 4 149 EUR |
Where recipients usually get the money in Portugal
Type: State (Portugal); Accepts transfers from Russia: Yes (CGDIPTPL - confirm route)
Type: Private (public company); Accepts transfers from Russia: Yes (BCOMPTPL - confirm route)
Banco Santander Portugal — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
Novo Banco — a bank serving personal customers and small businesses. Its services typically include accounts, cards, branches, and digital banking.
Banco BPI — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
National currency
Portugal's national currency is the euro (EUR). Banco de Portugal is the central bank within the ECB structure. The country uses SEPA for transfers, and MB Way is a popular mobile wallet for P2P payments and bill payments.
Card systems
Visa and Mastercard are accepted everywhere. Multibanco is the national network of ATMs and payment terminals covering the entire country; Multibanco cards work at all ATMs. Contactless payments are widely adopted.
Payment applications
MB WAY is a popular mobile payment application for domestic transfers and payments by phone number.
Interbank transfers
Portuguese IBAN contains 25 characters: PT50 + bank code (4) + branch code (4) + account number (11) + check digits (2). Transfers within SEPA go without correspondent banks. SWIFT is accepted through all major Portuguese banks (CGD, BCP, Santander Portugal, BPI).
Financial regulator
Banco de Portugal (Bank of Portugal) is the central bank and primary financial regulator. It is part of the European System of Central Banks (ESCB) and subject to ECB requirements. Portugal applies the EU sanctions regime, so direct transfers from Russian accounts are restricted.
Features for ATM24
Portugal applies the EU sanctions regime: direct SWIFT transfers from Russian bank details are restricted. ATM24 uses available routes through third countries and verifies the payment chain before confirming your request. IBAN PT is mandatory for all incoming transfers.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
Real stories from real people
Trustpilot
Very good service, honestly I was afraid this might doesn't work, but its work, no need waiting even 24 hours for transportation money
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Great service, exactly what was needed for the last days, big thanks to the guys, manager Emil conducted the meeting excellently, arrived on time, well accompanied the deal 👍🏼
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I needed to quickly transfer money from country to country to myself. It was my first time dealing with this and I already thought it was impossible. Until I found this service. Thanks to manager Sofia, she did and explained everything quickly and clearly.
Read full reviewThe exchange went quickly with full support in the messenger. Personal manager Alisa explained everything in detail. Thanks 👍
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They helped with the conversion. It did take some time, but still everything was successful
Read full reviewExcellent service, within 20 minutes after contacting them I withdrew cash at a local ATM, satisfied with the communication and service, thanks to Stanislav! the rate is acceptable
Read full reviewAn extremely fast and prompt transfer, special thanks to manager Egor, who was in touch the whole time and provided all the information
Read full reviewWe agree the rate and the payout method before payment — pick where the money goes.
Country not found
Transfers to Portugal from Russia are processed through correspondent banks not subject to restrictions—below are answers to common questions about currency and routing.
Sending money to Portugal with payout in EUR works best when the Portugal EUR bank route is checked before the sender pays. ATM24 verifies the route through a bank such as Santander or Novo Banco, confirms the final payout amount, and shows the fee and timing in advance. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
Yes, where available, the recipient can receive a transfer on a bank-issued card or bank account in Portugal in EUR on the Portugal EUR bank route. ATM24 checks the bank, card or account number, recipient name, and payout currency before payment; Visa, Mastercard, UnionPay, or local bank-card availability depends on the route. For example, Portuguese Investment Bank may require a different set of details than Banco de Lisboa, so card and account routes are confirmed separately. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
Banks for a EUR transfer to Portugal should be checked by the recipient's actual route; common references include Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa. ATM24 reviews bank name, account format, recipient-name spelling, and payout currency before the sender pays. A different bank can require a separate check.
To prepare a EUR payout in Portugal, start with the exact recipient name and receiving route. ATM24 checks Portuguese Investment Bank, Novo Banco, card or account details, and any route-specific field before payment. The manager clarifies missing data before the order is paid. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
A money transfer to Portugal in EUR can begin from 15 minutes, but timing is route-based. ATM24 checks recipient details, amount, and banks such as Novo Banco or Banco de Lisboa. Documents or bank review can extend the processing time. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
ATM24 calculates a transfer fee from 0.9% for payouts to Portugal in EUR. The final figure depends on the Portugal EUR bank route, amount, payment method, bank such as Portuguese Investment Bank, and whether the recipient receives money on a card or account. The sender sees the final payout amount before paying. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
Payment for a EUR transfer to Portugal can be arranged through an available sender method after ATM24 checks the receiving route. The check includes the Portugal EUR bank route, bank such as Novo Banco, fee from 0.9%, and exchange conditions. USDT network cost or card-issuer charges are confirmed separately. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
The minimum transfer amount to Portugal in EUR through ATM24 starts from 100 USD or the equivalent. The maximum amount is confirmed before payment and depends on the Portugal EUR bank route, sender payment method, bank, recipient details, and possible document requirements. If the recipient changes Santander to another bank or switches from account to card, the limit should be checked again. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
A large EUR payout to Portugal can need document checks when the amount, bank, or recipient route requires it. ATM24 reviews Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa with sender ID, source-of-funds details, and payment purpose if needed. The sender receives the checklist before payment. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
For a 1000 USD transfer to Portugal, the live EUR estimate depends on the current ATM24 route: 829.84 EUR. ATM24 calculates fee from 0.9%, exchange conditions, and the recipient route through Santander or Portuguese Investment Bank. The final EUR amount is fixed before payment. Bank-route examples for Portugal: Santander, Portuguese Investment Bank, Novo Banco, and Banco de Lisboa.
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