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Global remittance

Send Money to Portugal from the United Kingdom | Money Transfer to Portugal from the United Kingdom

Last updated: 2026-10-22

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On this page
  1. How to send money to Portugal from the United Kingdom
  2. How long does a transfer to Portugal from the United Kingdom take?
  3. How much does it cost to send money to Portugal from the United Kingdom?
  4. Ways to receive money in Portugal from the United Kingdom
  5. What you need to send money to Portugal from the United Kingdom
  6. How Coinepay keeps your transfer safe
  7. Send money to Portugal from the United Kingdom with the Coinepay app
  8. FAQ
  9. Send money to other countries
  10. Related guides

You can send money to Portugal from the United Kingdom with Coinepay quickly and securely. Whether you are helping family, paying a friend or settling a business payment, you can review the details of your money transfer to Portugal from the United Kingdom before you confirm it.

  • Flexible delivery: Transfers can arrive in as little as 10 minutes; actual delivery time depends on the payout method and destination country.
  • Costs shown upfront: The exchange rate and all fees are shown before you confirm.
  • Ways to receive: Bank deposit, mobile wallet and cash pickup payouts are supported. Check the app for the options available for your recipient in Portugal.

How to send money to Portugal from the United Kingdom

  1. Enter the amount. Choose how much to send and the currency the recipient gets. Portugal uses the euro (EUR).
  2. Add your recipient. Enter their full legal name and choose an available payout method. Supply the account, wallet or pickup details requested in the app.
  3. Review and send. Check the exchange rate, fees, recipient information and estimated arrival time. Confirm and pay, then track the transfer’s status in the Coinepay app or dashboard.

Check every recipient detail before confirming. If you need to change a transfer after sending it, use its status page and contact Coinepay support for guidance rather than starting a second transfer without checking the first.

How long does a transfer to Portugal from the United Kingdom take?

Transfers to Portugal from the United Kingdom can arrive in as little as 10 minutes; the actual time depends on the payout method and destination country, including the receiving bank or provider, and the estimated arrival time is shown in the app before you confirm.

Payout methodWhat the recipient needsWhat affects delivery time
Bank depositA Portuguese bank account that can receive the payment, with the correct account-holder name and IBAN.Bank processing, cut-off times, account checks and whether additional payment routing is needed.
Mobile wallet, if available for the recipientAn eligible, registered wallet and the details requested for that wallet in the app.Wallet-provider processing, eligibility and verification checks.
Cash pickup, if available for the recipientThe required identification and the pickup information shown in the transfer instructions.Pickup-location availability, opening hours and identification checks.

Receiving-bank cut-off times, weekends and local holidays, identity or compliance checks, and incorrect recipient details can all affect speed. A bank or wallet provider may also need time to credit the recipient after the transfer reaches it. Follow the app’s status updates rather than assuming every payment will arrive at the earliest possible time.

How much does it cost to send money to Portugal from the United Kingdom?

The Coinepay app shows the exchange rate and every fee before you confirm a transfer. Review both the amount you pay and the amount the recipient is expected to receive: the total can vary with the amount, the currencies involved and the payout method selected. If you are sending pounds sterling (GBP) for a recipient to get euros (EUR), check the displayed conversion before paying.

For a bank deposit, the recipient should also ask their own bank whether it charges to receive the payment. Do not assume a bank’s separate incoming charge is included in the transfer details you review. If the final amount matters for an invoice or another obligation, confirm the recipient’s requirements before you send.

Ways to receive money in Portugal from the United Kingdom

The available payout choices are shown in the app when you set up the transfer. Select a method the recipient can use, and ask them to provide their own details directly so you can check them against what you enter.

Bank deposit to a Portuguese account

For a deposit to a Portuguese bank account, ask for the account holder’s full legal name and IBAN. A Portuguese IBAN has 25 characters: it begins with PT50, followed by a 21-digit domestic bank identification number, or NIB. The NIB incorporates bank-provider and account-identifying digits, so a separate Portuguese branch code is not normally needed for an IBAN payout.

For a euro payment using SEPA account details, the recipient’s name and IBAN are normally sufficient. If the payment instructions call for a SWIFT transfer, also obtain the receiving bank’s SWIFT/BIC; the bank’s name or address may be requested. Follow the fields presented in the app, and have the recipient verify the IBAN rather than transcribing it from memory.

Mobile wallet, including MB WAY if offered

Mobile-wallet payout depends on what is available for this recipient and transfer. MB WAY is used in Portugal for transfers between registered users, but its availability as a direct payout destination from the United Kingdom is not confirmed. Do not assume an MB WAY account can receive this transfer. If the app offers an eligible wallet payout, ask the recipient for the registered wallet details requested on screen and make sure the name matches their verified wallet account.

Cash pickup

If cash pickup appears as an option, choose an available pickup location and give the recipient the collection instructions provided for the transfer. They should bring valid identification matching the recipient name. A pickup provider may also require a transfer reference or control number; share only the information specified in the instructions and check the location’s opening hours before the recipient travels.

What you need to send money to Portugal from the United Kingdom

  • A verified Coinepay account: Register and complete any identity verification requested before sending.
  • The recipient’s full legal name: Enter it exactly as it appears on their bank or wallet account, or on the identification they will use for cash pickup.
  • The correct payout details: Have the Portuguese IBAN for bank deposit, eligible registered wallet details for a wallet payout, or the information requested for cash pickup. Provide a SWIFT/BIC if the payment instructions ask for one.
  • The purpose of the transfer: Be ready to explain why you are sending money and provide supporting documents, such as information about the source of funds, if requested.

Portugal’s local currency is the euro (EUR). Check the currency the recipient will get on the review screen, particularly if you are paying in GBP. Transfers remain subject to identity verification, sanctions screening and applicable local regulations.

How Coinepay keeps your transfer safe

Coinepay uses identity verification and screens customers and counterparties against sanctions lists. It does not serve sanctioned persons or residents of jurisdictions under comprehensive sanctions. Card issuance and fund services are provided by licensed partner financial institutions. Additional checks may require documents about the transfer’s purpose or source of funds before it can proceed.

You can follow each transfer through status tracking in the Coinepay app or 24/7 self-service dashboard. Review the recipient details and payment summary before confirming, and use Coinepay support if a status update or request for information is unclear. Access Coinepay through its app or website and protect your sign-in details; do not send a transfer to someone you cannot identify or verify.

Send money to Portugal from the United Kingdom with the Coinepay app

Ready to begin? Sign up for Coinepay, or get the app from the App Store or Google Play. Verify your account, enter your recipient’s details and review the available payout method, rate, fees and estimated arrival time before confirming.

Get your Coinepay virtual card: Sign up · App Store · Google Play · Customer support

FAQ

What is the fastest way to send money to Portugal from the United Kingdom?

Compare the available payout options and their estimated arrival times in the Coinepay app before confirming. The fastest option depends on the recipient’s details, payout method and checks required.

How long does a transfer to Portugal from the United Kingdom take?

Transfers can arrive in as little as 10 minutes. Actual delivery time depends on the payout method and destination country; check the estimate shown in the app before you confirm.

What details do I need to send money to Portugal?

You need a verified Coinepay account, the recipient’s full legal name and the details for the chosen payout method. For a Portuguese bank deposit, that normally includes their IBAN; provide a SWIFT/BIC if requested.

Can my recipient in Portugal receive money to a mobile wallet or as cash?

Coinepay supports mobile-wallet and cash-pickup payouts, but availability for a particular recipient is shown in the app. MB WAY has not been confirmed as a direct payout option for this route. For cash pickup, the recipient needs identification and any collection details specified in the transfer instructions.

Send money to other countries

  • Australia
  • Bangladesh
  • Brazil
  • Canada
  • Colombia
  • Egypt
  • France
  • Germany
  • Ghana
  • Guatemala
  • Hong Kong
  • India
  • Indonesia
  • Italy
  • Japan
  • Kenya
  • Malaysia
  • Mexico
  • Morocco
  • Nepal
  • Jamaica
  • Jordan
  • Kazakhstan
  • Kiribati
  • Kosovo
  • Kuwait
  • Kyrgyzstan
  • Latvia
  • Lebanon
  • Lesotho
  • Liberia
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Malawi
  • Maldives
  • Malta
  • Marshall Islands
  • Mauritania
  • Mauritius

Related guides

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  • Send Money to Sri Lanka from Switzerland | Money Transfer to Sri Lanka from Switzerland
  • Send Money to Kosovo from Switzerland | Money Transfer to Kosovo from Switzerland
  • Send Money to Turkey from Switzerland | Money Transfer to Turkey from Switzerland
  • Send Money to Serbia from Switzerland | Money Transfer to Serbia from Switzerland
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