BANCO BPI EURO vs GBP/USD EXCHANGE RATES
Compare Banco BPI euro currency transfer options to/from Portugal. You can beat Banco BPI euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
| Banco BPI | EUR to GBP | EUR to USD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.831 to £0.834 | $1.088 to $1.092 |  |  | |
| TorFX | £0.833 | $1.092 |  | | |
| Wise | £0.835 to £0.835 | $1.093 to $1.095 |  | | |
| Banco BPI | £0.797 | $1.045 | |  |  |
Banco BPI Portugal – International Money Transfers
International currency transfers to or from your Banco BPI account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 5.0% and additional bank transaction or commission fees may apply.
Banco BPI international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – Banco BPI
Sending foreign currency to or from your Banco BPI account in Portugal needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 euros (EUR) using Banco BPI banking services would have a transaction exchange rate margin of around 5.0% – or 5,000 EUR. Using a specialist broker, in this example Currencies Direct – the exchange rate margin would work out at between 0.7 to 1.0% – or only 700 to 1,000 EUR in total, which is a large saving over the bank service.
Banco BPI Money Transfers for Expats in Portugal
For individuals who need to move money overseas from their Banco BPI account, foreign exchange specialists Currencies Direct operate a local Portuguese office at Almancil in southern Portugal. For full details please skip to: Currencies Direct in Portugal
Banco BPI – Other Useful Information
International money transfers from Banco BPI could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Banco BPI account holder to use their services. Banco BPI may charge a commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of 5000 euro.
Unless you pay a premium, Banco BPI’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Banco BPI, Portugal – About
Banco BPI (Banco Português de Investimento) was created in 1981 and is one of the largest privately owned banks in Portugal. Banco BPI is fully owned by Spanish bank La Caixa. Banco BPI has more than a million customers served through over 600 local Portuguese banking branches.
Banco BPI branch finder
Find Banco BPI branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Banco BPI branches in your search area results.
Contact Banco BPI from abroad
You can find answers to everyday banking questions at Banco BPI online. If you can’t find the answer you’re looking for, you can call them from outside Portugal on +351 707 020 500
Banco BPI – Head office address
Banco BPI S.A – Rua Tenente Valadim, no. 284, Porto, Portugal
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
Sponsored