Opening a Bank Account in Italy
of the service
1 500 EUR*
a bank account
Basic information about opening a bank account in Italy
There is a possibility to open a bank account in Italy for a non-resident. The country’s legislation provides for this option. However, it is important to know that for non-residents in Italy, there are only two types of bank accounts available for opening:
- Conto Estero.
- Conto Internazionale.
The peculiarity of these types of accounts is that they have high commissions. In addition, the base currency is the currency of the client’s country. To make payments in Euros, an additional conversion will have to be made, which may result in the client paying an additional commission.
If a person opens an account in an Italian bank with a residence permit, the conditions will be the same as for Italian residents. The client has the right to open an bank accounts and receive any service that is offered by financial institutions in this country.
Advantages of opening an account in Italy
It’s a respectable jurisdiction that guarantees the complete safety of your funds
A wide selection of banks that are ready to work with non-residents
Possibility to make payments throughout the Eurozone
The ability to carry out any financial transactions in Italy without restrictions
Migrants, students, and legal entities can open a bank account in Italy
Is it possible to open a bank account online?
What documents are needed to open a bank account in Italy?
Before learning how to open an Italian bank account, you need to prepare a package of documents.
For individuals, it’s enough to provide the following documents:
- Identity document (passport, residence permit, if any).
- Taxpayer identification number.
- Confirmation of residential address.
- Documents confirming the origin of money.
- Resume (CV).
For legal entities who intend to work in Italy or open an account in this country for working in EU countries, you must provide the following documents:
- A package of constituent documents of a legal entity.
- Identity card of the director and shareholders of the company.
- The identity card of the manager and a power of attorney in their name, issued by the director (if the manager opens the bank account).
- Agreements with partners.
- Documents confirming the origin of the money.
Services provided by Lawtter Solutions
Choosing a bank in Italy
Preparation of documents
Obtaining access and account details
Lawtter Solutions offers clients the opportunity to open an account in any of the leading Italian banks that provide services to non-residents. The list of popular banking institutions in this country includes:
- Intesa San Paolo;
- Cassa Depositi e Prestiti;
- Banca Nazionale del Lavoro;
- Banca d’Italia;
- Banca BPM;
- Deutsche Bank;
- Poste Italiane;
- Fineco Bank.