What they are and types of deposits … of other products or services (i.e. tying is prohibited in Portugal). The credit institution may, however, propose the … of any costs associated with such deposit (i.e. in Portugal bundling is allowed). In the case of an optional … as cheques) is an operation that can only be carried out in Portugal by credit institutions registered with Banco de … Deposits
Basic bank accounts grew by 13.4% in the first half of 2020 … first half of 2020 Thu, 2020-07-30 12:00 Today the Banco de Portugal publishes on the Bank Customer Website data on … Today the Banco de Portugal publishes on the Bank Customer Website data on … Source: Banco de Portugal. Number of basic bank accounts opened and closed … News Basic bank account
Direct debits – what they are … merchant, supplier of goods or service provider). Banco de Portugal’s website – Direct debits Banco de Portugal’s website – IBAN Banco de Portugal’s website – Confirmation of Payee/Payer Regulation … Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain and Sweden; … Payments Direct debits
FinCoNet discussed market conduct supervision in a digital context … context Mon, 2018-12-03 12:00 FinCoNet's website Banco de Portugal analysed open banking challenges for bank customers … guidance is the result of the work coordinated by Banco de Portugal. The publication of a report on practices and tools … of retail banking markets. In this regard, Banco de Portugal presented the latest initiatives in the scope of … News
Credit servicers – what are they? … into a relationship with a “credit servicer”. Banco de Portugal website > New rules on credit purchasing and … Credit servicers, having their head office in Portugal, must be authorised by the Banco de Portugal and, in their relationship with debtors, must … Loans Credit servicers
COVID-19. FinCoNet Newsletter highlights an international initiative to coordinate consumer protection measures … of the newsletter, FinCoNet also takes note of the Banco de Portugal’s recent initiative to promote among credit … of fees to customers. Note that credit institutions in Portugal must send their customers a statement of fees , an … digital channels” the authors explain how the Banco de Portugal oversaw the sending of the statements and provided … News COVID-19
The OECD issues a recommendation concerning consumer protection in the field of consumer credit … of redress and sanctions in cases of disputes. Banco de Portugal was also involved in the revision of this … (part of the OECD Committee on Financial Markets), Banco de Portugal was part of the working group established in 2017 … News
Evolution in the number of accounts … The Banco de Portugal requires credit institutions to report half-yearly … of 2025 there were 265,627 active basic bank accounts in Portugal. Evolution in the number of basic bank accounts | … Source: Banco de Portugal. … Deposits Basic bank account
Disputes relating to credit intermediation and the provision of consulting services … intermediaries authorised to carry out this activity in Portugal are included in two lists published by the Banco de Portugal: The list of entities authorised to act as credit … provided corresponds to the data reported to the Banco de Portugal by entities authorised to carry out the activity of … Services
What they are and types of cards … make them available to holders through a contract. Banco de Portugal’s website – Authorised institutions Banco de Portugal’s website – Cards Regulation (EU) No. 751/2015 … In Portugal, the cards that include the Multibanco brand also … Payments Cards