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Bergamo, Italy

Where should I setup a bank account in Italy?

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We asked expats in Italy what banks they use and there advice about banking. They advised...

"1. It is important to research the Italian pension system to ensure you are eligible to receive benefits. 2. Consider learning Italian to facilitate communication with the local population and to better understand the local culture. 3. Be sure to obtain your residence permit in advance of your planned retirement date. 4. Familiarize yourself with the healthcare system to ensure you have the necessary insurance coverage. 5. Research the cost of living in different regions to ensure your pension or savings will cover your monthly costs. 6. Consider the impact of the climate on your decision to retire to a particular region in Italy," said a member in Italy.

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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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"No - I could not find a bank that had any useful or additional services compared to my current bank (Fleet-Boston), although this is not saying much. As such, I kept my same Fleet acount, and opened a local bank acount in Italy to pay local expenses. The "expat" services I use are the internet banking (essential) and a wire transfer service since I am paid in dollars in my US account, but I have an Italian bank account for local expenses," remarked another expat who made the move to Turin, Italy.

Other Questions:

Where should I setup a bank account in Italy?

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About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

Bergamo, Italy

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