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Home›For Individuals›Send Money to Portugal
Send Money to
Portugal 
from India
Fast & Secure
Transfer money to Portugal seamlessly with competitive EUR exchange rates and complete RBI compliance.
Rate Guaranteed1 EUR = 93.065 INR
EUR
INR
You save ₹ 47,725.72*compared to traditional banks
Why Choose Fairexpay for Portugal Transfers?
T+1 Processing
Money reaches beneficiary fast
RBI Authorized
Complete FEMA compliance
Secure Transfers
ISO 27001 certified for secure transactions
Trusted for Money Transfers to Portugal
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Families across India trust us for safe money transfers to Portugal.
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ISO 27001 and SOC 2 Type II certified with banking-grade security for all Portugal transfers.
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Save significantly with competitive EUR rates and transparent fees from 0.4%.
Transfer Money to Portugal in 3 Simple Steps
Register Account
Complete KYC with PAN and Aadhaar
Add Beneficiary
Enter the recipient's bank details and purpose.
Complete Payment
Pay securely and track to Portugal in real-time
Your money moves to Portugal through RBI-authorized banking channels with complete regulatory compliance. We partner with trusted financial institutions to ensure your funds reach beneficiaries safely across Portugal. Track your Portugal transfer status in real-time through our dashboard. Receive instant notifications at every stage - from payment confirmation to successful delivery in Portugal - giving you complete peace of mind throughout the process.
Complete Guide: How to Send Money to Portugal from India
Document Checklist for Portugal
- Valid remitter passport copy
- Portugal beneficiary bank details (IBAN starts with PT, 25 characters)
- Relationship proof for family transfers to Portugal
Transfer Timeline
- Day 1: Document verification, KYC processing, payment initiation for Portugal transfer
- Day 2: Beneficiary in Portugal receives funds
Tax & Compliance
- TCS (Tax Collected at Source) applies as per government regulations. Rates vary based on remittance purpose and amount
- Annual LRS limit: $250,000 per individual per financial year
- Complete LRS compliance for Portugal transfers with A2 form included
All international money transfers to Portugal are processed through RBI-authorized banking channels. We verify Portugal beneficiary bank details, including the 25-character IBAN (starting with PT), against official banking databases before initiating transfers.Every remittance transaction to Portugal is protected with multi-layered security systems. You receive real-time SMS and email notifications at each stage, from payment confirmation to final delivery in Portugal. You receive an instant SWIFT copy with complete transaction documentation for your Portugal transfer. All receipts and records are securely stored in your dashboard for future reference through "My Remittances" section.
Compare Fees For When You Send
Money Abroad
Money Abroad
See exactly how much more you save with Fairexpay on every international transfer
EUR
INR
Total you pay
₹ 1,862,799.67
Beneficiary receives
5,000.00 EUR
EUR 5,000.00 (Full amount)
expand_moreBeneficiary receives
EUR 5,000.00 (Full amount)
Exchange rate
93.065 (Mid-market rate)
Rate markup
Transparent pricing & low markups
Transfer fee
₹1,500.00
Total you pay
₹1,862,799.67
Traditional Bank
account_balanceEUR 5,000.00 (Full amount)
expand_moresavings Net Saving
₹-1,383,043.32
Compare Fees For When You
Send Money Abroad
See exactly how much more you save with Fairexpay on every international transfer
EUR
INR
Beneficiary receives
Exchange rate
Rate markup
Transfer fee
Total you pay
EUR 5,000.00 (Full amount)
93.065 (Mid-market rate)
Transparent pricing & low markups
₹1,500.00
₹1,862,799.67
Traditional Bank account_balance
EUR 5,000.00 (Full amount)
95.4513 (Marked up)
Higher Fees & Hidden Markups
₹2,500+
₹479,756.35
savings Net Saving
₹-1,383,043.32
What Our Customers Say About
Portugal Transfers
“I send money to Braga for my startup expenses. Fairexpay handles it perfectly.”
“Transferred money to my daughter in Lisbon. The rates were unbeatable and the service was quick.”
“Paid for property maintenance in Porto. Smooth transaction with zero hassle.”
“I send money to Braga for my startup expenses. Fairexpay handles it perfectly.”
Sunil Verma
Family Remittance, Mumbai
Meera Iyer
Property Payment, Chennai
Arjun Reddy
Business Remittance, Hyderabad
“Paid for property maintenance in Porto. Smooth transaction with zero hassle.”
Frequently Asked Questions
How can I send money from India to Portugal?
Register on Fairexpay, complete KYC with passport, PAN, and Aadhaar, add a Portuguese beneficiary's IBAN (starting with PT) and SWIFT code, select the purpose, and complete the payment digitally.
How long does it take to transfer money from India to Portugal?
What is the maximum amount I can send to Portugal from India?
What bank details are needed to send money to Portugal?
Can I track my money transfer to Portugal?
Is Fairexpay RBI-approved for transfers to Portugal?
Complete Guide to
Sending Money to Portugal
Is TCS applicable when sending money to Portugal?
Yes, TCS applies at 0 percent with an education loan, 5 percent for education (self-funded) and medical treatment above 10 lakh rupees, and 20 percent for family maintenance, gifts, and other purposes above 10 lakh rupees.
Can I send living expenses to a student studying in Portugal?
What is the INR to EUR exchange rate for Portugal transfers?
Can I pay university tuition fees in Portugal through Fairexpay?
Are there any hidden charges when sending money to Portugal?
Can I send money to Portugal for emigration purposes?
See Where You Can Send Money
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Ready to Send Money to Portugal?
Join thousands who trust Fairexpay for transparent, secure and affordable money transfers to Portugal with competitive EUR rates.
Portugal attracts Indian students and professionals with its affordable lifestyle and quality education system, creating a growing demand to send money to Portugal for education and emigration purposes. Fairexpay streamlines how to send money from India to Portugal through specialized EUR remittance services compliant with Portuguese banking regulations and IBAN standards.
Whether you need to transfer money to Portugal for university tuition at Portuguese institutions in Lisbon, Porto, and Coimbra or support family members settling across Portugal, our platform processes India to Portugal money transfer within a T+1 timeline with exchange rates starting at 0.4 percent markup. Portuguese banks require a specific IBAN format beginning with the PT country code followed by 21 characters, and our system validates these details automatically before processing through RBI-authorised channels, ensuring complete LRS compliance. Indian students pursuing business, engineering, and language programs at Portuguese universities benefit from favourable TCS treatment when education transfers are backed by education loans from recognized financial institutions. Family members supporting students or relatives in Portugal for maintenance purposes are subject to 20 percent TCS on amounts above 10 lakh rupees annually under LRS for other purposes. Our platform generates A2 forms automatically for tax compliance, ensuring your Portugal remittance meets both Indian regulatory requirements and Portuguese banking standards.