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Madeira, Portugal

Madeira Digital Bank β€” Compare Providers in Madeira

Compare digital bank accounts, business banking, international money transfers, currency exchange and investing services available to residents of Madeira.

Madeira Digital Bank (madeiradigitalbank.com) is now part of Digital Bank Networks. Old madeiradigitalbank.com links land here.

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These are partner links and we may earn a commission. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Crypto-related products are volatile and can lose value. Confirm current terms directly with each provider.

Local banking essentials

What to check before opening an account in Madeira

Regulation

Payment institutions and e-money institutions serving Portuguese customers must be authorised by Banco de Portugal or passport in from another EU state under PSD2. Verify the entity in the Bank's official registers before relying on it.

Check Banco de Portugal(opens in a new tab)

Local account details

Portuguese accounts use the 25-character IBAN (PT + 2 check digits + the 21-digit NIB); the old NIB remains the domestic account identifier and the IBAN is used for domestic and international payments alike.

Local currency: EUR (Euro)

Payments and transfers

Multibanco, run by SIBS, is the national ATM and payments network that also powers MB Way instant mobile transfers; regular interbank credit transfers settle through the TARGET2-Portugal and SEPA rails overseen by Banco de Portugal.

Digital banking directory for Madeira

Our original directory of financial services, listed category by category in editorial order. Availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction. Confirm details directly with the provider.

Digital Bank Accounts

Digital Bank Accounts in Madeira

Business Banking and Payments

Business Banking and Payments in Madeira

Currency Exchange

Currency Exchange in Madeira

International Money Transfers

International Money Transfers in Madeira

Cryptocurrency Accounts and Digital Assets

Cryptocurrency Accounts and Digital Assets in Madeira

Investment and Trading

Investment and Trading in Madeira

Personal Finance and Lending

Personal Finance and Lending in Madeira

Banking Technology

Banking Technology in Madeira

Real Estate and Mortgage

Insurance

Insurance in Madeira

Payroll and HR Software

Global Credit Cards

Global Credit Cards in Madeira

Disclosure

Digital Bank Networks is a financial comparison platform, not a bank. We may receive compensation when users click links or open accounts with our partners. This never affects which providers we list or how we describe them. All services are provided by licensed financial institutions; availability, eligibility, pricing and product terms vary by provider, residency and jurisdiction.