http://travel-t-o-portugal.blogspot.com/2011/10/money-exchange-for-portugal-services.html
Money Exchange for Portugal -Services - Money
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A strict NO COST policy - Which means NO transfer fees, NO commission and NO hidden costs whatsoever.
A Personal Currency Broker - Our professional brokers are on hand 24 hours a day to keep you informed as to how your money is moving. We also ensure you always deal with the same person.
Guaranteed unbeatable exchange rates - Excel Currencies specialize in smashing the high street bank rates. This means that Excel Currencies refuse to be beaten on any rate by any company in the world.
Same day international payment system - Due to our fast payment system, Excel Currencies can ensure your payments arrive within a matter of hours, meaning you never miss another payment.
Dedicated after care team 24-7 - In the unlikely event of any problems Excel Currencies are always available to resolve any issues.
P.O.P. (proof of payment system) - Once a transfer has been processed you will receive confirmation from our bank that the funds are on the way to the recipient. This allows you to follow the whole process from start to finish.
R.I.T (regular international transfers) - If you make regular payments overseas whether they are Pension payments, Mortgage payments or just moving savings, we will ensure you receive a fantastic rate and incur no transfer fees.
Spot and Tailored made Forward Contracts - Excel Currencies has a number of financial options available to make purchasing your currency even simpler.
Live up to date Market Analysis - Our professional team will provide Market analysis to you, which will guide you as to the best time to buy and sell your currency
Currency information:
Euro (EUR; symbol €) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.
Credit cards:
American Express, MasterCard and Visa are widely accepted.
Travellers cheques:
These are readily exchanged. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros.
Banking hours:
Generally, Mon-Fri 0830-1500 (certain banks in Lisbon are open until 1800).
Currency restriction:
There are no restrictions on the import or export of local or foreign currency.
Currency exchange:
Many banks offer differing exchange rates depending on the denominations of Portuguese currency being bought or sold. It is common practice for banks to charge 0.5% commission with a minimum charge of approximately €10. However, some banks do not charge any commission on transactions of less than €25. Check with banks for details and current rates. Additionally, ATMs, identified by the symbol MB (MultiBanco), are widely available and only charge 1 to 2% commission. There are also many bureaux de change.
