Money Transfers to Portugal

Xendpay
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 114,782 EUR
World First Money Transfer
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
100,000 gets you: 115,129 EUR
Casco Financial
FCA Regualted: FCA Regulated
Margin Rate: 2%
100,000 gets you: 113,622 EUR
Personal FX
FCA Regualted: Not FCA Regulated
Margin Rate: 1.5%
100,000 gets you: 114,202 EUR
Asda Money
FCA Regualted: FCA Regulated
Margin Rate: 5%
100,000 gets you: 110,144 EUR

Currency for Portugal

The Euro (EUR) is now the official currency of Portugal. Portugal's prior currency, the Escudo, has now been phased out as legal tender and is no longer accepted.

Euro Currency Denominations
Note Currency 5.00 Euro's - 10.00 Euro's - 20.00 Euro's - 50.00 Euro's - 100.00 Euro's - 200 Euro's and 500 Euro's

Change Currency
1 Euro Cent - 2 Euro Cents -1.00 Euro Coin - 2.00 Euro Coin - 5 Euro Cents - 10 Euro Cents - 20 Euro Cents and
50 Euro Cents

Currency restrictions - The import of local or foreign currency in cash or travellers cheques is unlimited. However, there is an obligation to inform the customs authorities if foreign currencies exceed approximately EUR 4987.98.
The export of local currency is limited to EUR 498.80. - There are no restrictions on the export of foreign currency although currency exchange receipts may be requested for amounts over EURO 4987.98. Plus the export of gold, silver, jewellery and other valuables is limited to a value of EUR149.64 and subject to special conditions.