What type of service do the Italian Banks offer?
Italian banks offer current, checking and savings accounts, and joint accounts for couples (conto corrente cointestato). Every bank may offer special conditions for students. In general, no fees are charged when you withdraw cash from your own bank's ATM as well as when paying in shops within the country. These services are also provided by Online Accounts such as prepaid or account card with IBAN (prepaid cards usually have lower monthly fees than traditional current accounts).
Italian banks offer current, checking and savings accounts, and joint accounts for couples (conto corrente cointestato). Every bank may offer special conditions for students. In general, no fees are charged when you withdraw cash from your own bank's ATM as well as when paying in shops within the country. These services are also provided by Online Accounts such as prepaid or account card with IBAN (prepaid cards usually have lower monthly fees than traditional current accounts).
Do I need to open an Italian bank account to receive the scholarship?
Non-EU Students are invited to open an Italian/European account in order to receive their scholarship as sometimes foreign accounts may delay or have problems if they do not have some necessary fields to be filled e.g. BIC/SWIFT code. Instead, if you are an EU Student or have a European IBAN it is not necessary to you to open an account in Italy in order to receive the scholarship.
Non-EU Students are invited to open an Italian/European account in order to receive their scholarship as sometimes foreign accounts may delay or have problems if they do not have some necessary fields to be filled e.g. BIC/SWIFT code. Instead, if you are an EU Student or have a European IBAN it is not necessary to you to open an account in Italy in order to receive the scholarship.
How can I open a bank account?
Bank accounts can be opened in Italy by both residents and non-residents from 18 years of age, going to the branch or proceeding directly online. We suggest you to ask the bank about the possible options and, before deciding, always verify the conditions (i.e. fees for operations, etc.). On the School webpage at the link here https://www.imtlucca.it/en/campus-and-services/services/special-deals#servizi-bancari, you can find some banks that offer special deals to the IMT members.
What documents do I need to open a bank account?
- Passport;
- Tax Identification Number (Codice Fiscale)
- Stay Permit or postal office receipts testifyng your Stay permit application
- Attendance certificate released by the Phd and Higher Education Office (phd@imtlucca.it)
What about a Post Office account?
Post Offices also offer banking services and savings and checking accounts. Any resident over the age of 18 may open a postal account. If you want to open a postal account, you must provide the following documents:
- Passport
- Tax Identification Number
- Stay permit or postal office receipts testifying your stay permit application