How to Open a Bank Account in Italy – Step-by-Step Guide

 

if you’ve just moved to Italy for studies, work, or a long-term stay, opening a bank account will make your daily life so much smoother. From receiving your salary to paying rent and utility bills, an Italian account is essential.

Here’s a clear and simple guide to help you get started including student-friendly options and online banks you can open without leaving your home.

Why You Might Need an Italian Bank Account

  • Receive payments (salary, scholarship, freelance work, etc.)

  • Pay rent and bills without high transfer fees

  • Save money on international transfers

  • Build your credit history in Italy

Documents You’ll Need

Before you head to the bank (or apply online), keep these ready:

  1. Valid Passport or ID

  2. Codice Fiscale (Italian tax code – easy to apply for at the local Agenzia delle Entrate)

  3. Proof of address (rental contract, university dorm letter, or utility bill)

  4. Proof of enrollment or employment (for student or worker accounts)

  5. Residence permit (if applicable)

 Tip: When choosing a branch, pick one near your home or university  it will save you a lot of travel time for any in-person banking needs.

Types of Banks You Can Choose

1. Traditional Banks (In-Branch Service)

These are great if you prefer face-to-face service:

  • UniCredit – Offers the Genius Card (students can get it with zero monthly fees)

  • Intesa Sanpaolo – Various packages for expats and young people

  • BNL (BNP Paribas) – Student accounts with minimal fees

2. Online-Only Banks (Open from Anywhere)

If you want to skip the queues, these are fantastic:

  • N26 – German online bank with free basic account and IBAN; everything done in their app

  • Wise – Multi-currency account, low-cost international transfers, all online

  • Revolut – Great for budgeting, instant currency exchange, and free virtual cards; setup takes minutes

Step-by-Step: How to Open a Bank Account in Italy

  1. Choose your bank – Compare fees, features, and convenience (online or branch).

  2. Book an appointment (for traditional banks) or start the online application.

  3. Prepare and submit your documents (passport, codice fiscale, proof of address, etc.).

  4. Deposit initial funds – Some accounts require a small deposit to activate.

  5. Get your card and IBAN – This usually happens immediately for online banks, or within a few days for traditional banks.

Extra Tips for Students and Newcomers

  • Ask specifically for student accounts  many offer zero or low monthly fees.

  • Always check ATM withdrawal charges (especially if traveling abroad).

  • Online banks like N26, Wise, and Revolut are fast, but you won’t have in-person help if issues arise.

  • Keep a small account at a local branch for official purposes, even if your main account is online.

Note: Opening a bank account in Italy is straightforward once you have your documents ready. Whether you go for a student-friendly Genius Card, the speed of N26, or the budgeting tools in Revolut, you can find something that fits your lifestyle.

Location: Rome, Metropolitan City of Rome Capital, Italy

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