Send money to Portugal
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How to send money to Portugal from USA
We’ll ask for some personal details to create your account and verify your identity.
Electronic verification keeps things moving before we give you a call to make sure you’re good to go.
3. Book your transfer.
Tell us the amount you want to send, or what your recipient needs to receive and see your rate.
4. Send your funds.
You’ll be notified when funds hit our intermediary account. Track your transfer online, in-app or via SMS.
What is the best way to send money to Portugal from the USA?
When you transfer money to Portugal with OFX the easiest option is Direct Debit. The agreed amount will be withdrawn from your nominated account and then sent to your recipient.
Otherwise, you can send a wire transfer (bank fees apply) and make your payment online or in-branch.
Please note that payment methods vary based on the currency being sent. Once you lock in your transfer, we will inform you of available payment options.
How long does it take to transfer money to Portugal from the USA?
Our global network of banking partners enables us to move your money efficiently, through some of the fastest payment schemes available globally.
Most international money transfers to Portugal are completed within 1-2 business days of OFX receiving your funds.
Currency tools that could help you save
What’s driving the US dollar right now?
Get up-to-date currency market insights from our OFXperts. It could help you save on your next money transfer to Portugal.
Your rate to send money to Portugal now
Need to send money overseas now? Check your customer rate based on the live market.
USD/EUR exchange rates
Not sure how the current market exchange rate for European euros stacks up? Review past performance for your currency pair.
Rate alerts for Portugal
Want to know the best time to transfer to Portugal? Set up a Rate Alert for your currency pair and we’ll let you know if the rate hits.
Can I send money from an American bank account to Portugal?
OFX can transfer funds to almost any bank in Portugal, including, but not limited to:Caixa Geral de Depositos, Banco Santander Portugal , Banco Comercial Portgues, Banif Financial Group, Banco Popular Portgual, Novo Banco, Banco Portugues de Investimento, Banco Espirito Santo
How can I send money to a friend in Portugal from the USA?
Whether it’s a gift or a lifeline, when you transfer with OFX we can send money straight to your friend’s bank account.
They don’t need to sign up with OFX, all they have to do is share their bank account details with you.
What verification details do I need to provide as a US resident?
Verification helps keep our platform safe from fraud, so we verify the identity of every person who requests an OFX account.
To verify your identity you’ll need your passport, driver’s license or identity card, as well as your social security number.
If you’re making a business money transfer, we’ll also ask for your business registration number. industry, and other additional documentation relevant to your business structure.
Is there any limit on how much money I can send to Portugal from the US?
OFX does not enforce any limits on the amount of money you may wish to transfer to Portugal.
Can I send money from Portugal to the USA instead?
Yes, OFX can send money from Portugal to the USA.