BAI Europa is pleased to announce the availability of the new SPIN bank transfer service for all users.
SPIN, developed by the Bank of Portugal, offers an alternative to traditional bank transfers, allowing transactions to be made either digitally or in person without the need for IBANs.
If you are not yet a client, find out how to easily open an account with us!
If you are already a Private Client, to receive SPIN transfers, simply associate your mobile phone number with your account’s IBAN.
If you are already a Business Client, to receive SPIN transfers, associate the NIPC with your business account’s IBAN.
Here’s how to make this association via our App or Internet Banking:
1. Log in to your Internet Banking or App;
2. Go to Menu > Personalise > Settings;
3. Select SPIN > Associate;
4. Choose which IBAN you want to link to your mobile number or NIPC;
5. Click Next and validate the information.
To make transfers via SPIN, you do not need to make this association.
Fast, simple, safe, and with more advantages:
• The name of the first account holder or the company name is displayed before authorising the transfer;
• This is an alternative for recipients who are not MB WAY subscribers;
• No additional costs compared to regular transfer fees;
• It is now possible to transfer money to businesses using the NIPC, provided the company is registered and has a payment account with a Portuguese payment service provider.
Don't wait – join SPIN today through BAI Europa Directo!
For inquiries, contact us at our helpline (+351) 213 513 750, selecting option 2 "Digital Channels", available on weekdays from 8.30am to 5.30pm.
Alternatively, you can contact your account manager or email clientes.particulares@baieuropa.pt (for Private Clients) or clientes.empresa@baieuropa.pt (for Business Clients).
