±JOIN OUR NEWSLETTER

Get useful expat articles, health and financial news, social media recommendations and more in your inbox each month - free!



We respect your privacy - we don't spam and you can unsubscribe at any time.

±Compare Expat Providers

Expat Health Insurance Quotes

Foreign Currency Exchange Quotes

International Moving Quotes

We're very social! Follow Expat Focus on Facebook, Twitter, Pinterest and Google+

Expat Focus Facebook PageExpat Focus on TwitterExpat Focus Pinterest PageExpat Focus Google+ Page

Notify me when new content is added about a country

±Expat Focus Partners

Banking

Rome - Banking

Click here to go to this city guide's homepage


Expat Focus is pleased to offer the services of a leading foreign exchange provider offering foreign exchange and currency transfers at unbeatable exchange rates and no commission.

For a fast, friendly and free quote at a guaranteed better rate than your bank or other companies' rates CLICK HERE!




Banking in Rome, and all of Italy, is relatively simple for expats. In order to open an account, you will need a current photo identification, such as your driver's license or passport. You will also need proof of residency. This can be a recent bill showing your current address. Banks are not required to ask for a residence certificate. However, some banks do, so it is best to take it with you.

You will also need a codice fiscale to open an account. A codice fiscale is a number, similar to a United States social security number. You will need a codice fiscale to purchase a home or a car, getting utilities, and renting an apartment in addition to opening a bank account.

You can obtain a codice fiscale in your home country, before relocating to Rome, from your Italian Consulate. People relocating from European countries can apply online at www.agenziaentrate.it/ilwwcm/connect/Nsi. Please note that this website is written in Italian.

There are a few things to keep in mind when banking in Rome. Banks in Rome generally keep different hours than what you are accustomed to. Most banks are open from 8:30 AM to 1:30 PM. They then re-open 2:30PM to 4:40PM in the afternoons.

Generally, checking accounts are interest bearing and banks in Rome are often open to negotiation of service charges and interest rates. In order to withdraw money, you will need to write a personal check out, to yourself, and have it cashed at you bank branch. Sometimes, you will be permitted to withdraw money from other branches of your bank, but this is not always the case. Be sure to ask where you can withdraw money, in this fashion, when you open your account. It is important to keep in mind that you will be charged a service fee for all personal checks you write.

Writing checks may be a little different than what you are used to. You will need to use a decimal point to mark thousands. A comma will be used, instead of a decimal point, for cents. For example, 1,000.00 would be written as 1.000,00 in Italy. When writing out the amount of the check, use no capitol letters and be sure to connect all of the words.

You may also use a Bancomat card to withdraw money from your checking account, electronically, from a Bancomat, or ATM, machine. You can withdraw money from ATM's all over Italy. However, charges may apply when you use an ATM from another bank chain.

Below is a list of some of Rome's popular banks.

Credito Italiano
UniCredit Group
UniCredit S.p.A.
Piazza Cordusio
20123 Milano
Phone: +39 02 88 621
E-mail: info@unicreditgroup.eu
www.unicreditgroup.eu

Banco di Roma
www.bancaroma.it/it/privati (Website is in Italian)

Banca Popolare di Milano
www.bpm.it/homepage/default.shtml (Website is in Italian)

Internet Banking:

RAS Bank
Allianz Bank
www.allianzbank.it (Website is in Italian)



Expat Health Insurance Partners


Aetna

Our award-winning expatriate business provides health benefits to more than 650,000 members worldwide. In addition, we have helped develop world-class health systems for governments, corporations and providers around the world. We want to be the global leader in delivering world-class health solutions, making quality health care more accessible and empowering people to live healthier lives.

Aviva

Health is your number one priority. At Aviva we understand this, which is why we’re focused on helping you and your family access high quality healthcare at home or overseas. Our award winning medical insurance will help you get the treatment you need or simply provide guidance and advice wherever you are, 24/7.

Bupa Global

At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.

Cigna

Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.