How to open a bank account in Albania

How to open a bank account in Albania?

To open a bank account in Albania.

  • Talk to your local friends, neighbors, or co-workers to get feedback about the local banks.
  • Read the terms of the account carefully, to avoid bad surprises in the signed contract.
  • Sign and submit the contract accepting the terms.
  • You will need identification documents such as an identity card or passport.

The best banks in Albania are:

  • National Commercial Bank S.A.
  • Credins Bank S.A.
  • Raiffeisen Bank S.A.
  • Intesa Sanpaolo Bank Albania S.A.
  • OTP Bank Albania S.A
  • American Bank of Investments S.A.
  • Tirana Bank S.A.

How to open a bank account in Albania?

To open a new bank account in Albania you have many options. So, if you are moving to Albania and want to open a bank account in Albania do some research.

Read more below, comment, or contact us if you have any questions.

Things you can do before opening a bank account in Albania:

  • Talk to your local friends, neighbors, or co-workers to get feedback about the local banks.
  • Read the terms of the account carefully, to avoid bad surprises in the signed contract.
  • Sign and submit the contract accepting the terms.
  • You will need identification documents such as an identity card or passport.

They will also provide you with an ATM card, either a Visa or a MasterCard. If this is a crucial aspect for you, you should also consider activating it for online buying. Find out if there is an annual fee for issuing and maintaining the card, as well as if there is a fee for using an ATM or making online transactions. Then decide whether or not to accept it.

Documents required to open a bank account in Albania

Once you choose the best bank to open our bank account, you may need some of these documents:

  • Identity card or passport
  • Contact details like telephones or emails
  • Address proof
  • Father’s name

Best banks in Albania

Once you have decided on which bank you want to open your account. Just use google maps to check the nearby bank branch for you. Just walk in there and ask your queries from the Customer Executive of the respective bank.

In 1925, National Commercial Bank S.A. (Banka Kombtare Tregtare) was founded. In its native market, National Commercial Bank S.A. offers retail and business banking products and services.

It offers current accounts, saving accounts, and time deposit accounts. Accounts can be for students and retirement as well. It offers debit and credit cards. You can apply for personal loans, consumer loans and overdraft loans.

Intesa Sanpaolo Bank Albania is a universal bank that provides a wide range of innovative products and services to corporations, institutions, and high-net-worth individuals, as well as small and medium-sized organisations and individual consumers.
Albania’s OTP Bank is part of the OTP Bank Group in Hungary. OTP Bank Albania is a universal bank that offers comprehensive financial services to both individuals and businesses.
When private equity firm NCH Capital (United States) bought Credit Agricole Albania, the American Bank of Investments was born. American Bank of Investments is a global bank that provides products and services to individuals, small businesses, and corporations.

Tirana Bank S.A.

Tirana Bank S.A. was founded in 1996 and was Albania’s first privately held bank. Tirana Bank S.A. is a universal bank that provides a comprehensive range of retail, SME, business, and corporate banking products and services to meet the needs of its customers.


Source: TheBanks.eu

The cover image is somewhere in Sinicë, Albania. Photo by George Kourounis on Unsplash


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