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Banking in Romania

Best banks in Romania for expats & digital nomads

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

A passport or ID plus a Romanian address is generally enough; many newcomers use Revolut first, then open a local account. Some banks require in-person verification for non-residents.

Our top pick

Wise multi-currency account

Wise is the option we recommend for almost anyone moving to Romania: 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 Romania

Banca Transilvania

traditional
Largest domestic bank

Romania's biggest bank by assets with extensive branch coverage.

BCR (Banca Comercială Română)

traditional
Wide branch network

Erste Group subsidiary; large retail presence nationwide.

BRD - Groupe Société Générale

traditional
Full-service banking

French-owned major bank with broad retail and corporate services.

ING Bank Romania

digital
Digital-first, expat-friendly

Strong mobile banking; popular with newcomers for its online experience.

Raiffeisen Bank Romania

traditional
English-speaking customers

Austrian-owned; commonly used by expats.

UniCredit Bank Romania

traditional
International banking ties

Italian group; good for cross-border needs.

International accounts & neobanks

Revolut

Available EEA-wide; exceptionally popular in Romania, often used as a primary account.

Payoneer

Receiving accounts for freelancers in USD/EUR/GBP.

Bunq

Listed by bunq as a supported EEA country, but testers report signups are sometimes restricted.

Availability changes; confirm on each provider's site.

Next steps in Romania

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