conta aforro
Published 4 November 2026, 03:07
conta aforro (savings account with the state treasury)
An account held not at a bank but with the state treasury agency IGCP, which holds savings certificates (certificados de aforro) and treasury certificates. To open one you need a Portuguese NIF and a bank account in the SEPA area, to which the account is linked and into which interest and redemptions are paid. Each person can have only one such account.
Where you come across it. A CTT branch, Espaços Cidadão, Banco de Investimento Global; then logging in to AforroNet.
A Portuguese bank is not required, as any SEPA IBAN will do, but the NIF must be Portuguese. Besides your passport and tax number, you will be asked for proof of address and proof of occupation; if you are not working, this can be replaced by a certificate from IEFP, proof of university enrolment, a pension slip or an IRS assessment.
Official website: igcp.pt