Under Italian law all those who are interested – therefore including foreigners (individuals and legal entities) residing or even not residing in Italy – have the right to open a bank account with an Italian bank. Foreigners residing in Italy can open a bank account just like Italian citizens residing in the territory. Foreigners not residing in the country can only open a “non-resident account” (“conto non residenti” or “conto estero”). Foreigners can open a bank account in Italy by
Read more →The bank account contract is a real “atypical contract” stipulated under Italian law between the customer and the bank. It is governed by the specific provisions contained in the contract, by the Italian Civil Code, and by Legislative Decree 385/1993. The bank agrees to perform direct/indirect debit/credit operations on the customer’s direct/indirect orders, in exchange for a fee. The account holder can dispose of the sums at his disposition at any time, subject to compliance of the notice period as
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