How to open a bank account in Italy

How to open a bank account in Italy?

Moving abroad can be exciting, but it’s not without its challenges. Maybe you need to learn a new language, find a new home or you have a mountain of forms to fill out… not to mention all those boxes to pack and unpack. And on top of all that, you’ll need to think about your finances.

But getting a bank account in Italy shouldn’t be so hard. Even if you don’t speak Italian, this should be one aspect of your move that doesn’t have you tearing your hair out. Here’s our guide to the easy way to open an Italian bank account.

How to open a bank account in Italy?

So, you’ve decided on a bank and the type of account you want. Here are some pointers on how to open a resident account quickly:

  1. You’ll have to wait until you’re in Italy. It may be tempting to begin the procedure from another country, but unless you have a non-resident account, this may be problematic. Even if you do not need to visit a branch to open an account, you must supply information such as a valid Italian address. So it’s possible that you’ll just have to wait.
  2. Prepare your documents ahead of time. Banks must be able to verify your identification at all times, so you’ll have to show them some documentation. Below is further information on what you’ll require.
  3. Go to your new bank’s website or branch. You can start the signup procedure once you’re ready. Traditional financial institutions may need you to visit a branch, while digital banking choices such as N26 allow you to apply online.
  4. Await the arrival of the mail. You’ll have to wait a few days for your bank card and other documents to arrive in the mail — yet more incentive to arrive in Italy early!

How do you choose a bank account in Italy?

In Italy, there are numerous banking institutions. In the big cities, there are significant national and international banks, although smaller local banks can be found further out. Furthermore, there are newer, digital banks to consider these days. Here are some things to consider as you make your choice:

  • Is it simple to open an account? Is it possible to do it online?
  • Is there a branch near you that you’ll need to visit frequently?
  • Is your bank able to provide services in English (or another of your first languages)?
  • Is there a fee, and if so, what is it?

How to register a bank account online in Italy?

For outsiders, traditional Italian banks can offer some surprises. For example, the opening hours can be perplexing: they’re normally open from early in the morning until approximately 1 p.m., and then for only an hour or so later in the afternoon — but that’s it.

That’s just one reason why you might prefer a bank that allows you to accomplish almost everything online. Another issue is the language barrier: some online banks offer services in multiple languages, so you won’t have to look for a bank teller who speaks your native tongue.


The cover image is somewhere in Milano, Metropolitan City of Milan, Italy. Photo by Mikita Yo on Unsplash