PRA

Rui Souto

Senior Associate | Commercial and Contracts

August 6, 2024

"There are brokers offering almost 4% for accounts opened in Portugal: are they safe?" - Expresso

Only credit institutions, registered with the Bank of Portugal, can offer remuneration on deposits. However, several foreign brokers are in the Portuguese market paying interest on the uninvested balance.

Rui Souto explains, in an article for Expresso, which brokers can operate in Portugal and what risks there are for investors.

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