Italy
Banking in Italy
Italy Business Experts
Recent forum posts
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Starting a new business in India
I run a UK business and my fellow Director is an Indian National (I am a British citizen).We now want to launch our company in India and I am struggling to make any progress with the Indian High Commission. Can anyone help me with the process. I have twice visited the commission in London and wasted hours of time due to their complete lack of organisation.I will appreciate any help to make
Total Posts: 12 Last post by leahhart65
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Hiring Struggles for Small Businesses in NZ, Are We Overlooking Soft Skills?
Hi everyone,I’ve noticed that many small businesses in NZ are facing real challenges when it comes to hiring the right people not just in terms of technical ability, but soft skills too. Communication, adaptability, and problem-solving often seem harder to find than certifications or experience.A few small business owners I’ve talked to said they struggle to read between the lines of a sta
Total Posts: 1 Last post by ngaiomarsh98
Banking in Italy
Italy has a contemporary banking and financial industry. Many of the international banks, accountants and insurance companies can be found there too. Banking hours are generally Monday to Friday from 0900 to 1700.
Opening an account when setting up a business in Italy is a very easy process. As in the UK, you can choose a different account for different purposes. Many banks will only allow you to open a bank account if you have a full residence permit. If you don't have or are still waiting for a residence permit, you could try asking a branch of an Italian bank in the UK.
To open a bank account in Italy, you will be required to provide the following documentation:
- A passport
- Residence Permit in Italy
- Proof of Address
- Birth Certificate (in some cases)
- Proof of income (in some cases)
- Reference from your UK bank (in some cases)
Check with your chosen Italian bank to determine exactly what you have to provide.
Cash machines are widely available and internet banking is gaining in popularity.
Organisations that can assist with Banking
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> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.
