MyNomadWorld MyNomadWorld
HomeAlbania › Banks

Banking in Albania

Best banks in Albania for expats & digital nomads

Opening a bank account is one of the first things you do after moving to Albania. Here are the accounts that work for newcomers and non-residents, plus the fintech we would set up before you fly.

How to open a bank account in Albania

Foreigners aged 18+ can generally open an account with a valid passport; banks usually also ask for proof of an Albanian address and, for freelancers/business, a tax number (NIPT). Most banks offer ALL, EUR and USD accounts, deposits are protected by Albania's deposit insurance scheme, and debit cards are typically issued about 20 days later. Remote opening for true non-residents is limited.

Top banks in Albania

SEPA transfers, English online banking

Austrian-owned and the first Albanian bank fully SEPA-ready (Oct 2025); English 'Raiffeisen ON' app, experienced with non-Albanian KYC.

Largest branch network, branch access outside Tirana

Albania's oldest bank with a dedicated international clients unit and an English app; supports some online onboarding for eligible clients.

Credins Bank

traditional
Fast service, multi-currency accounts

Albanian-owned group founded 2003 with 50+ branches; English pages and online banking available.

Large network, EU/Italian connections

Part of the Intesa Sanpaolo group; account holder generally must be present at a branch to open.

Tirana Bank

traditional
Modern apps, English interfaces

Offers digital onboarding options for new clients alongside branch service.

International accounts & neobanks

Used by some for cheaper payments, but full account availability for Albanian residents is not confirmed; verify before relying on it, and note using only Wise does not replace a local account for tax/B2B compliance.

Multi-currency payments account used by Albanian freelancers and remote workers to receive money at better rates than SWIFT.

Availability changes; confirm on each provider's site.

Next steps in Albania

See the full Albania tax, cost and visa profile, or compare Albania with other destinations. Not sure where to go yet? Take the finder quiz.