Opening a bank account in France

What documents do you need to open a bank account in France? There are three categories of documents required—identification (your passport), proof of address (such as a rental contract and/or a utility bill), and proof of residence status (a visa or other titre de sejour).

Can foreigners open a bank account in France?

You are entitled to open a bank account in France whether you are a resident or non-resident, even if you do not own a property in the country. However, while residents have an automatic right to a bank account, non-residents do not.

Can you open a bank account online in France?

Opening a digital or mobile bank account in France
Most banks today in France offer their services online and through mobile banking apps, although these may only be available to French residents. Some banks may charge a small fee for opening a French bank account online.

How much does it cost to open a bank account in France?

There are no costs for opening a bank account in France, but there might be specific financial institutions that can ask for a small deposit. Fees for different bank services are imposed, so this important aspect needs to be verified. 5.

Can I open a French bank account without a French address?

Non residents, French banks and the law
The French financial law stipulates that the conditions to open a bank account in France as a French resident or non resident are the same.

Which bank is best for foreigners in France?

The biggest and most well-known national French banks include:

BNP Paribas.
CIC.
Societe Generale.
La Banque Postale.

What is the best French bank account?

BNP Paribas is one of the top five banks in the world. It has a presence in over 75 countries. As per the total assets acquired, BNP Paribas is topping the ranking list in France.

Can I open a bank account online without going to the bank?

Yes, you can open a bank account completely online, without ever going into a bank branch. With a completely online bank or account, you can also do all your account management online.

How long does it take to open bank account in France?

It will take around 15 minutes and there is no need to visit a local branch in France. The whole process is straightforward, but don’t forget you will need to supply online documents which provide your proof of ID, address, income and your current main bank account.

What is the easiest bank account to open online?

The 8 Easiest Banks To Join

Chime. Chime¹ is probably the easiest to join. …
TD Bank. To sign up with TD, users can go online and enter their basic information, including a driver’s license number or state ID. …
United Bank. United Bank has the same requirements as TD. …
Synchrony. …
Chase Bank. …
Axos Bank. …
Ally. …
Wells Fargo.

Should I open a bank account online or in person?

Online banking has made your banking needs less complex and more efficient. You no longer have to maneuver through confusing paperwork and long processes to deposit a check or to transfer funds from one account to another. All you need is internet access and you’re good to go!

Can I set up a French bank account from the UK?

Again, you will be required to provide documentation and must either already own a French property, or be in the process of buying one to open an account. Pros: Possible to set up from the UK, English speaking staff and documentation in English.

Is Revolut a bank?

Revolut launches as a bank in 10 Western European markets, now available in 28 countries. Revolut, the global financial super-app with more than 18 million customers worldwide, has operationalised its Lithuania based European specialised banking licence in 10 European markets.

What documents do I need to open a bank account in France?

What is the cheapest bank in France?

Boursorama Banque

According to a study from 2020, the cheapest bank in France at that time was Boursorama Banque, which collected 22.72 euros of annual charges. In second and third position were ING and Fortuneo.

Which online bank is best in France?

Revolut. Probably one of the best-known online banking service, Revolut appeared on the market in 2015. It comes with an app through which you can transfer money internationally, free of charge. It also allows you to make payments abroad without extra charges.

Which bank is best for expats?

Best banks for international travel

Charles Schwab Bank: Best for using ATMs.
Capital One 360: Best on foreign transaction fees.
HSBC Bank: Best for expats.
Citibank: Best for wiring money.

How do I deposit money in France?

Check in advance with your branch or the local branch to confirm they accept cash deposits from out of region account holders. When you do go to pay cash in – take your passport or ID book, your cheque book with RIB slip (see more on RIB here), and be aware that you may be asked to show a utility bill.

Is HSBC a French bank?

HSBC Continental Europe is headquartered in Paris. HSBC Continental Europe includes, in addition to its banking activities in France, the activities of 10 European branches (Belgium, Spain, Greece, Ireland, Italy, Luxembourg, Netherlands, Poland, Czech Republic and Sweden).

Is HSBC closing in France?

HSBC agreed Friday to sell its French retail banking operations to U.S. private-equity company Cerberus for €1. Europe’s largest lender expects to take a $3 billion hit as part of the deal, which is set to close during the first half of 2023.

Which UK banks have branches in France?

Keeping a UK Bank Account After Brexit
HSBC, Nat West, and Barclays continue to provide non-resident accounts in the UK, and HSBC and Barclays have also kept their France branches open. HSBC continues to be the largest international bank operating in France, and you will find branches in major cities throughout France.