Portugal – Bank Transfer to Euros

Portugal Currency Exchange – UK Pounds Sterling to Euro

Transferring UK pounds to euro destined for an Portuguese bank, or perhaps you’ll need to send euros back to your bank account in the United Kingdom? Whatever your situation, whether you’re in the UK, Portugal, Spain, Italy, Germany or anywhere in Europe and need to convert your currency, using a foreign exchange specialist will save you precious time and money opposed to using a regular high street bank.

Send Money from UK to Portugal

In order to find out just how much money you can save when you are sending money to Portugal, the comparison table below lists the UK’s most competitive currency brokers, together with up to date GBP to euro transfer rates, based on sending £5,000 UK pounds overseas to a Portuguese bank account. For other amounts, submit an enquiry and you will be contacted by a dealer who can give you a fixed quotation for your consideration. This is a no obligation and free service – so why not receive a free quotation right away. Simple!!!

Bank Name | FX Broker ComparisonFX RateGBP to EURFREE QUOTE
TorFX*0.7%€1.143 infoEnquire
Currencies Direct*0.65% to 1.0%€1.14 to €1.144 infoEnquire
WorldFirst*0.7%€1.142 infoEnquire
OFX*0.7%€1.142 infoEnquire
Barclays*1.9%€1.129 infoEnquire
HSBC*6.1%€1.08 infoEnquire
Lloyds Bank*5.0%€1.093 infoEnquire
Natwest*5.1%€1.092 infoEnquire
RBS*5.2%€1.091 infoEnquire

*Note: A lower FX Rate will give a better exchange rate when transferring money to/from euro.

Example Currency Transfer to Portugal from the UK

Using your bank: Sending £100,000 UK pounds sterling to Novo Banco via RBS bank UK and you would receive approx. €109302.641 euro to your Portuguese bank account. Your bank will also charge a fee to make the transfer.

With TorFX: Sending the same amount from your UK bank account using TorFX to make the transfer to Novo Banco account in Portugal and you would receive €114249.971 euro to your Portuguese bank account. Commission free transfer.

Using TorFX, your total saving would amount to a massive €4948.481 euro. (Exchange rate calculations are updated at 09:00 GMT weekdays. Please check with your FX broker or bank for an exact quotation).

About TorFX

TorFX is one of Europe’s leading non bank providers of international foreign exchange, money payment and currency transfer services for individuals and businesses, with over 50,000 private and 4,000 business clients respectively. TorFX saves you money on your international payments. Unbeatable exchange rates, free transfers and friendly, clear guidance from our currency experts make TorFX the clear choice for foreign exchange.

Tor Currency Exchange Ltd, Penlowarth, Penzance, Cornwall TR18 4ED. Registered in England & Wales, No.: 5193147. Tor Currency Exchange Ltd is authorised by the UK FCA (Financial Conduct Authority) under the Payment Service Regulations 2009 (FRN 900706) for the provision of payment services. HM Revenue & Customs Certificate of Registration for Money Laundering Regulation, Number: 12191606. TorFX operates segregated client bank accounts in accordance with FCA rules on the safeguarding of client funds.

Sign Up for a Free Account with TorFX – Click Here

Portuguese Inter Bank FX Rates GBP / Euro – 14 Day Average and Forecast

Euro Transfer from Portugal to UK Bank Accounts

Sending money from Portugal to the UK or another European country is cheaper and quicker when using a foreign exchange broker. Don’t worry if you are not living in the UK, private brokers offer money transfer services for both Portuguese nationals and expats and can deal directly with your Portuguese bank, ensuring that you have a trouble free experience when sending your cash to an overseas bank account.

The comparison table below lists the UK’s most competitive currency broker (in our research), together with up to date euro (EUR) to UK pound (GBP) transfer exchange rates, based on sending 5,000 euro from one of the main banks in Portugal to a UK bank account. For other amounts, submit an enquiry.

Bank Name | FX Broker ComparisonFX RateEUR to GBPFREE QUOTE
TorFX*0.7%£0.864 infoEnquire
Banco Investimento BPI*5.0%£0.826 infoEnquire
Millennium BCP*5.0%£0.826 infoEnquire
Novo Banco*3.5%£0.839 infoEnquire
Santander Totta*5.0%£0.826 infoEnquire

Portugal Bank Accounts – Latest

Banco Portugues de Investimento SA BPIMillennium BCPNovo BancoSantander Totta