Banking in Italy

Information on opening an Italian bank account - what documents to provide - the credit and debit cards, payment methods cheques and more...

Italian banks offer current and savings accounts, and joint accounts (conto corrente cointestato) for couples. Some banks offer special accounts and deals for children, women, pensioners and students.

The Bancomat card is a debit card generally accepted throughout Italy to pay for goods and services. It is recommended to request this when opening a bank account.

Banks are obliged to publish the highest interest rates that they charge along with the market average so that borrowers can compare rates. They must also publish their conditions.