NOVOBANCO EURO vs GBP/USD EXCHANGE RATES
Compare Novobanco euro currency transfer options to/from Portugal. You can beat Novobanco euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
| Novobanco | EUR to GBP | EUR to USD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 £0.833 to Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 £0.836 | Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 $1.123 to Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 $1.127 |  |  | |
| TorFX | Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 £0.835 | Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 $1.126 |  | | |
| Wise | Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 £0.837 to Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 £0.838 | Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 $1.128 to Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 $1.129 |  | | |
| Novobanco | Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 £0.812 | Deprecated: SimpleXMLElement::__construct(): Passing null to parameter #2 ($options) of type int is deprecated in /home/transsupmar/public_html/data/all/Transfer_Data.php on line 12 $1.094 | |  |  |
Novobanco Portugal – International Money Transfers
International currency transfers to or from your Novobanco account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 3.5% and additional bank transaction or commission fees may apply.
Novobanco 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 – Novobanco
Sending foreign currency to or from your Novobanco 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 Novobanco banking services would have a transaction exchange rate margin of around 3.5% – or 3,500 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.
Novobanco Money Transfers for Expats in Portugal
For individuals who need to move money overseas from their Novobanco 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
Novobanco – Other Useful Information
International money transfers from Novobanco could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Novobanco account holder to use their services. Novobanco 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, Novobanco’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.
Novobanco, Portugal – About
Novobanco is a Portuguese bank created in 2014 by the Bank of Portugal to rescue assets and liabilities of Banco Espírito Santo (which was one of the oldest and most reputed Portuguese banks).
In 2017 Portugal agreed to sell a 75% stake in Novobanco to US private equity firm Lone Star in exchange for a capital injection of 1 billion euros. Novobanco has a network of over 600 local banking branches in Portugal and the bank also serves customers in more than 20 countries worldwide.
Novobanco branch finder
Find Novobanco 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 Novobanco branches in your search area results.
Contact Novobanco from abroad
You can find answers to everyday banking questions at Novobanco online. If you can’t find the answer you’re looking for, you can call them from outside Portugal on +351 21 883 77 00
Novobanco – Head office address
Novobanco S.A – Av. da Liberdade, 195, 1250-142, Lisbon, Portugal
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
Sponsored