How to open bank account & setting up utilities in Italy?
Can foreigners open a bank account in Italy?
Non-Italian residents are entitled to open non-resident bank accounts (“conto corrente non residenti“), regardless of their citizenship or visa status. One initial in person visit at the bank is normally required unless the bank offers remote personal identification.
How do I open a bank account in Italy?
The details can vary, but the general requirements to open a bank account in Italy for non-resident / residents are:
The following documents are required to open a non-resident bank account:
- identity document (passport);
- tax code (codice fiscale);
- Valid Italian address (often, to prove the Italian address, a paid utility bill such as water, energy, gas etc. is required);
- Proof of employment (or proof that you’re studying, if you’re a student).
- banker’s draft (not always).
Which bank is best in Italy?
Best Italian Bank for Expats: Unicredit. The most popular and most trusted by Italians, Unicredit has the strongest financial clout in all of Italy.
UniCredit S.p.A. was found to be the largest bank in Italy in 2017, with total assets amounting to approximately 827.1 billion euros. UniCredit, together with Intesa Sanpaolo, dominates the banking sector in Italy.
A Guide to Setting up Utilities When Living in Italy
Electricity. You will need to apply for your electricity through ENEL, which is the Italian national power company. You can apply in person by contacting your local ENEL office or by telephone via their free phone number 800 900 800 or on +39 023 017 2011 from mobiles.
For gas there is also A2A. Search Google for more updated info.
Is electricity expensive in Italy?
Electricity prices for households in Italy 2010-2019, semi-annually. Electricity prices for households in Italy saw an overall increase during this period, rising from 19.65 euro cents per kilowatt-hour in 2010 to 23.41 euro cents in the second half of 2019. Costs peaked at 24.5 euro cents per kilowatt-hour in 2014.
To open a bank account / setting up utilities you need Codice Fiscale – Italian Tax code.
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