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Banking in Italy, and taxes

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Francesca122
7/21/2018 15:10 EST

Hi folks, was wondering if anyone out there has used "HSBC expat" for setting up a bank account in Italy, Sicily in particular. They are on this "expat exchange site" but I would love to hear from people who have used them. Thank you. Francesca122

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maluza86
7/21/2018 23:19 EST

To be eligible for an HSBC Expat account you need to keep a minumum of £60,000 in the account.

I guess it all depends on what you want to do with the account. I use CheBanca! and online bank account that provides free ATM use at all bank local and international. I use Transferwise to transfer money from my USAA account in the US to my CheBanca! account each month and when I see the exchange rates are favorable.

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Sergios
7/22/2018 02:07 EST

I have a Scwhab account with free ATM. I also have an Italian account with Intessa that I transfer money into from Scwhab.

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whidden39
7/22/2018 04:22 EST

Good exchange rates with Schwab too.

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mrosephoto
7/22/2018 12:17 EST

Maluza86
Thanks for the info great help
Francesca122

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