Business Focus
retail banking

Banco CTT was registered on August 24, 2015 as a 100%-owned subsidiary of CTT (Correios de Portugal). Banco CTT will be focused on mass-market products prodiving simple and competitive products. The operations will be supported in local offices of CTT, leveraging its nationwide coverage and extensive experience in providing financial services and via online and mobile channels.


retail banking

Area Served



current accounts
debit cards
credit cards
savings accounts
time deposit accounts
consumer loans
car loans

Account Currencies

EUEUR (Euro)

Card Providers


International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Account Opening

Becoming a client of BANCO CTT, SA can be done in a few steps:

Visit bank branch

Due to regulatory requirements BANCO CTT, SA performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual BANCO CTT, SA will ask him/her to provide the following documents: passport; proof of address; employment details. For corporate clients BANCO CTT, SA will ask to provide corporate documentation as well as information about controlling persons. BANCO CTT, SA may request additional documentation or information depending on the case. BANCO CTT, SA performs client's identity verification via branch visit.

Ways to Bank

BANCO CTT, SA delivers its products and services through both direct and indirect channels, namely:
online banking
mobile app


Total Assets of BANCO CTT, SA
Net_income of BANCO CTT, SA
Total Assets (2019)
1,665.88 mln EUR  (+66.29%)
Net Income (2019)
-8,011,000.00 EUR  (-54.19%)
Number of Employees (2019)
218  (+7.92%)

In 2019 total assets of BANCO CTT, SA were 1 665,88 mln EUR. In 2019 the bank's net income was -8,01 mln EUR. BANCO CTT, SA had 218 employees in 2019.

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fundo de Garantia de Depósitos (FGD)
Covered Depositors
natural persons
legal entities
Covered Accounts
current accounts
savings accounts
time deposit accounts

BANCO CTT, SA participates in the deposit guarantee scheme of Portugal. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. BANCO CTT, SA is a member of Fundo de Garantia de Depósitos (FGD) and makes its contributions into it.


AVENIDA D. JO?O II, N? 13, EDIF?CIO B?LTICO, PISO 11?, 1999-001, LISBOA, Portugal

BANCO CTT, SA is headquartered in LISBOA.

Bank Identifiers

Company Number

Bank History

Start of Activity
October 2015

Similar Banks

Banco Credibom, SA Logo Banco Credibom, SA
consumer finance
Banco de Investimento Global, SA Logo Banco de Investimento Global, SA
retail and corporate banking, online brokerage

See Also

Related Articles