Bank Millennium

You can open a Bank Millennium account online: in the bank's app (you confirm your identity with mObywatel or a selfie plus a photo of your ID) or on the website by logging in to your account at another bank. You can also sign the agreement with an adviser at a branch. If you verify with a selfie, the bank applies limits until you confirm your identity at a branch, and foreign nationals can open an account only at a branch.

According to the bank's website, outgoing transfers are sent on business days at 8:10, 12:10 and 14:30, and incoming transfers are booked on business days at 12:00, 15:20 and 17:15. For faster payments you can use an Express Elixir instant transfer, but only to banks that take part in that system.

A Bank Millennium mortgage is secured on the property and has a periodically fixed interest rate for the first 5 years. After that you can apply for another fixed-rate period, and if no annex is signed, the loan switches to a variable rate. Detailed terms, including early repayment rules, are set out in the bank's mortgage price list and loan regulations.

Yes. Bank Millennium's main shareholder is the Portuguese Banco Comercial Português (Millennium bcp), which has been a shareholder since 1998 and has held 50.1% of its shares since 2015. Bank Millennium is fully consolidated in the BCP group's results.

Yes. The Millennium 360° account is available in a version for people aged 18-26, with no fee for opening or maintaining the account. According to the bank's website, people in this age group pay for the card and contactless BLIK only if they made no card or BLIK payment in the previous month. For under-18s the bank offers Konto 360° Junior, while the former Konto 360° Student has been withdrawn.