Bank Account in Italy: What It Is and How to Get It
The Bank Account is an essential part of settling in Italy as a foreigner. Whether you are a student, worker, or relocating with family, understanding this step will save you time and frustration. It is a moderately involved process that requires 4 documents. It typically costs €0-10/month.
What is Bank Account?
Open an Italian bank account. You'll need it for rent, salary, and many services. Some banks are easier with foreigners than others.
To complete this step, you will need to gather 4 documents and follow a specific procedure. The process involves several steps but is manageable with proper preparation. The associated cost is €0-10/month.
Based on the experience of thousands of foreigners who have gone through this process, there are several practical tips that can make your experience smoother. Being well-prepared before your appointment and having all documents in order are consistently the most important factors for success.
Who needs it?
The Bank Account is required for virtually all foreigners settling in Italy, regardless of visa type or nationality. Both EU and non-EU citizens need to complete this step, though the exact process and timeline may differ.
EU citizens generally have a simpler process and more flexible deadlines. Non-EU (Extra-EU) citizens often need to complete this step as part of their residence permit application process and may face stricter deadlines.
Applicable visa and permit types
- Students (Type D visa)
- Workers (employed and self-employed)
- Digital Nomads
- EU Blue Card holders
- Family reunification
- Retirees and investors
- EU citizens (after 3 months)
What you'll need
You will need 4 documents to complete this step. Below is an overview of each one.
Codice fiscale
Your Italian tax identification number. Every Italian bank requires it by law to open any type of account.
Permesso di soggiorno (or receipt)
Your residence permit card or the receipt from the post office proving you have applied. Banks need to verify your legal status in Italy.
Passport
Your main identity document. The bank needs it for identity verification under Italian anti-money-laundering regulations.
Proof of address (if available)
A document showing where you live in Italy. Banks use this to verify your residential address, though not all banks require it.
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Sign up freeThe process
Here is a high-level overview of the steps involved in completing this process.
- 1
Gather all required documents (listed below).
- 2
Visit the relevant office. Common offices involved: Agenzia delle Entrate, Kit receipt from Post Office, Already have.
- 3
Submit your application and any required fees.
- 4
Wait for processing and collect your document or confirmation.
Common mistakes to avoid
Many foreigners run into the same issues when completing this step. Here are the most common mistakes and how to avoid them:
- Some banks refuse to open accounts with just the permesso receipt — try Intesa Sanpaolo or online banks like N26/Revolut first
- Not asking about monthly fees upfront — some 'free' accounts have hidden costs
- Opening a 'conto base' (basic account) which has limited features
Frequently asked questions
Can I open a bank account with just the permesso receipt?
Some banks accept the kit receipt (ricevuta), others require the actual permesso card. Intesa Sanpaolo and UniCredit are generally more flexible. Online banks like N26 and Revolut work with just a codice fiscale and passport.
What documents do I absolutely need?
At minimum: codice fiscale, valid passport, and permesso di soggiorno or receipt. Some banks also ask for proof of address (rental contract or utility bill).
Are online banks a good alternative?
Yes, N26, Revolut, and Wise are popular alternatives that work with Italian codice fiscale. They're usually easier to open but may have limitations for receiving salary or paying Italian utilities.
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This content is for informational purposes only and does not constitute legal advice. Immigration laws change frequently. Always verify with official sources.