Currency Portugal is one the many growing European Union countries whose common official currency is the euro. 1 euro is divided into 100 cents. The coins come in denominations of 1, 2, 5, 10, 20 and 50 cents, and 1 and 2 euros. The notes are differentiated by their size and colour and come in denominations of 5, 10, 20, 50, 100, 200 and 500 euros. However in 2010 the 500 note was being used less in circulation due to money laundering
ATMs - Automatic Teller Machines (Multibanco) Portugal has a national network of cash machines (ATMs) identified by the symbol (above photo)MB (Multibanco), from which you can withdraw cash 24 hours a day. If you are thinking of living in Portugal then you will find no charges are taken for using the Multibanco but brand atms with the name of the bank on might charge, it is near impossible to get overdrawn as the Portuguese system will know within seconds when you use your card and sets your balance to further spend accordingly
Currency Exchange You can exchange money at banks, which are open from 8.30 a.m. to 3 p.m.Mon-Fri Credit cards In Portugal, the most commonly used credit cards are: Visa, American Express, Diners Club, Europay / MasterCard, JCB and Maestro. If your Visa or MasterCard credit card is lost or stolen, contact the following telephone numbers for assistance:
Barclays - Visa: Tel. 800 811 107
0808 100 6667 (Outside the UK dial +44 1904 544 666) Lines open 24 hours, seven days a week. UK calls are free. You can reverse charge outside the UK
Capitial One
Report a lost or stolen credit card. 44-115-912-1892 ...
Nationwide
Lost or stolen Credit card 08457 99 22 22 International: + 44 2476 438996 24 hours, 7 days a week Lost or stolen cards (except Credit card) 08457 30 20 10 International: + 44 1793 656789 24 hours, 7 days a week
Lloyds
Lost or stolen card 0800096 9779 +44 1702 278 270 24 hours a day
Lost or stolen cards (for customers with Sentinel® Gold card protection) 0800 414 717 +44 2392 652 222 24 hours day
Halifax
08457 20 30 40
HSBC
08456 007 010 (textphone 18001 08457 125 563) in the UK or +44 1442 422 929 (textphone +44 1792 494 394) from overseas
Ulster Bank
Lost and stolen Credit Cards (calling from UK) 0870 600 0459 Open 24 hours a day Calls may be recorded. Lost and stolen Debit Cards and ATM Cards (calling from UK) 0870 600 0459 Open 24 hours a day Calls may be recorded. Lost and stolen Credit Cards (calling from abroad) +44 1423 700 545 Open 24 hours a day Calls may be recorded. Lost and stolen Debit Cards and ATM Cards (calling from abroad) +44 131 549 8186
RBS
Lost credit cards 0870 600 0459 Minicom: 01423 532 152 from outside UK: +44 1423 700545
Open 24 hours
Money matters/Lost Stolen card info
Credit card companies Cont>>
It is unfortunate to say that whilst on holiday wallets/purses are lost or stolen all over the world and not just Portugal, when traveling abroad it is a good idea to empty wallets and purses to a minimum as many cards you carry will never be used whilst on holiday, and this will save you the trouble of having to report them in any such event, the same way it is not wise to carry large amount of money, Due to the chip and pin system being introduced it is common when wallets/purses are stolen that they are nearly always found with all the contents with the exception of the cash as the cards are of no use with out the pin , Do check at your nearest Police station as quiet often they are handed in as the Portuguese are a honest nation Statistics show most crime committed are normally from other nations living in Portugal