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Banking in Italy

Best banks in Italy for expats & digital nomads

Opening a bank account is one of the first things you do after moving to Italy. 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 Italy

A codice fiscale (tax code) is essential for opening an Italian bank account, together with passport/ID and proof of address; it is issued free by the Agenzia delle Entrate. Online banks like Fineco and neobanks such as Revolut and N26 are common while a resident account is set up.

Our top pick

Wise multi-currency account

Wise is the option we recommend for almost anyone moving to Italy: hold and convert 40+ currencies, get local account details to be paid like a local, and send money at the real exchange rate with low, transparent fees. It works before you even arrive, so you can receive income and pay deposits while your local account is still being set up.

Open a free Wise account →

Affiliate link: we may earn a commission at no cost to you. Wise is a fintech, not a bank; balances are safeguarded, not covered by deposit insurance.

Top banks in Italy

Intesa Sanpaolo

traditional
largest branch network

Italy's biggest bank by assets with nationwide coverage.

UniCredit

traditional
international/pan-European presence

Large international bank with English support and cross-border services.

FinecoBank

digital
online banking and investing

Popular online bank combining current account, cards and brokerage; English interface.

BancoPosta (Poste Italiane)

traditional
easy access for newcomers

Postal-office banking with very wide coverage; often easier for newcomers to open.

BPER Banca

traditional
everyday retail banking

One of Italy's largest retail banking groups.

Banco BPM

traditional
regional coverage in the north

Major Italian retail bank with strong presence in northern regions.

International accounts & neobanks

Revolut

Widely used app for spending, transfers and FX; EEA-wide operation.

N26

German-licensed mobile bank fully available to Italy residents.

Bunq

Dutch EEA bank available to Italy residents; offers Italian IBAN option.

Payoneer

Payments platform for freelancers receiving international payments; not a local current account.

Availability changes; confirm on each provider's site.

Next steps in Italy

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