How do I open a savings account in France?

How do I open a savings 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).

What do I need to open a bank account at the post office?

You’ll need a valid passport or driving licence and proof of address dated within the last six months (utility bill, bank statement or a letter from Revenue or Department of Social Protection). 1) Download the An Post Money app available on the App Store and Google Play.

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

Opening a bank account in France : main requirements

1. A valid proof of identity (passport, with a visa for Non-EU citizens)
2. Proof of residence (address) in France : a lease contract/rent payment receipt and/or a recent (less than 3 months old) electricity, water or telephone bill are admitted as proofs of residence.

How do I open a French bank account without proof of address?

If I don’t have a recent utility bill or proof of address in France what can I do? In most cases, you will not be able to open a French bank account. Some banks will allow you to set up a provisional account if you show them your move is imminent, and then they’ll complete the procedure once you have a French address.

How do I open a post office account in France?

To open an account you can start the process on the internet, but best to visit your local branch with your passport, utility bills and proof of income, eg tax notice. Non-residents can also hold an account, provided they already hold a bank account elsewhere in the EEA, where you must also live.

Does the post office do savings accounts?

The Post Office is best known for its savings accounts, though it offers a range of other financial products such as credit cards, travel insurance mortgages and loans.

Can I have a French bank account after Brexit?

To open a personal account, you need to be: Resident in the UK or Ireland, or a British or Irish expat resident in France. An account holder with a current account in a Bank registered in the UK or EEA. An existing or future French property owner or regular visitor to France.

Can I open a French bank account online?

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.

Can a foreigner open a French bank account?

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.

Do you have to pay for a French bank account?

Some banks may charge a small fee for opening a French bank account online. Other packages can include free online banking services but high fees for anything extra (such as in-branch services). To open up a mobile-only bank account, you usually need to provide a physical address, email address, and mobile number.

Do I need a French bank account?

When transferring funds to or from France, you will require a French bank account in order to send or receive the funds. Having a French bank account will also allow you to set up Direct Debits to pay for your mortgage each month as well as a range of utility bills and other expenses.

Where to open a bank account in France?

You can also open a bank account at the Post Office (La Poste, www.labanquepostale.fr). The main advantage is the network of post offices which means you can access your account from almost every village in France, but you risk spending more time in a waiting line.

What do I need to open a post office savings account?

Documents Required to open a Post Office Savings Account 1 Post Office Savings Account Opening Application Form ( click here) 2 KYC Form ( click here) 3 PAN Card 4 Aadhaar Card/ Passport/ Driving License/ Voter’s Card/ MNREGA job card/ letter issued by National Population Register

What are the advantages of having an account in France?

The main advantage is the network of post offices which means you can access your account from almost every village in France, but you risk spending more time in a waiting line. Charges (such as making transfers, getting cards and insurance, etc.) tend to be lower for online accounts.

What is the interest rate on a post office savings account?

On opening a post office savings account, one can earn interest @ 4% p.a. Let’s know more about Post Office Savings Account including interest rates, eligibility, documentation and more. Done with your savings? Now check your credit score too – for free. Check Now Currently, an individual earns interest at the rate of 4% on their account balance.