Skip to content
Trasferirsi in Italia

Step 5 · EU residency journey · Lucca · Toscana

Opening a bank account

How EU/EEA citizens open an Italian bank account — your EU right to a basic account (conto di base), what banks require, and the stamp-duty rules.

Last verified:

Verified once, on 10 July 2026. See all updates →

Browse all National guide

With your codice fiscale in hand (and ideally your residency registered), an Italian bank account is what makes the rest of daily life work: salary, rent, utilities, and most subscriptions in Italy expect an Italian IBAN with direct debits.

Your EU right to an account

Under EU payment-account rules (Directive 2014/92/EU, implemented in Italy by d.lgs. 37/2017 in the Testo Unico Bancario), every consumer legally residing in the EU has the right to a basic payment account — in Italian, the conto di base — regardless of nationality or where in the EU they live. Banks and Poste Italiane are obliged to offer it, and a bank cannot refuse you just because you are not (yet) an Italian resident.

A refusal is lawful only on anti-money-laundering grounds or because you already hold an equivalent payment account in Italy — and it must be given to you in writing, free of charge, within 10 working days.

Conto di base vs. an ordinary account

The conto di base bundles a preset package of operations (incoming and outgoing transfers, salary or pension crediting, a debit card for payments and ATM withdrawals) into one capped annual fee. By design it cannot include an overdraft, a chequebook, or a linked securities account.

It is free of charge if you hold a valid ISEE (the household means-test indicator) not above €11,600 — in that case it is also exempt from stamp duty — and free (stamp duty still due) for pensioners with gross pensions up to €18,000 a year.

An ordinary conto corrente is at the bank’s discretion and is what most working residents end up with: richer features, app-based banking, and fees that vary widely — compare before choosing.

How to open one

  1. Get your codice fiscale first (Step 1). Banks are legally required to record it for every customer relationship (DPR 605/1973, art. 7), so without it you will be turned away.
  2. Compare accounts. Every bank must hand you the standardised EU fee document (Documento informativo sulle spese) before you sign — ask for it, it is free and carries no commitment.
  3. Apply at a branch or online with your ID and codice fiscale. The bank runs its identification checks and takes a specimen signature.
  4. Sign and keep the contract together with the Documento di Sintesi (the terms summary).
  5. You receive your IBAN and debit card — set up salary crediting and utility direct debits from there.

The stamp duty (imposta di bollo)

Italy levies a government stamp duty of €34.20 per year on individuals’ current accounts — but only when the average balance (giacenza media) of your accounts at that bank exceeds €5,000. Keep less than that on account and no bollo is due.

Common pitfalls

  • Asking for “an account” when you qualify for the conto di base. Branch staff rarely volunteer it — request it by name.
  • Opening a conto di base while already holding another Italian payment account. That is a lawful ground for refusal (unless you are switching).
  • Forgetting the annual ISEE renewal for the free version — miss it and fees and stamp duty resume.
  • Expecting an overdraft or chequebook on a conto di base. Both are excluded by design; you need an ordinary account for those.

Next step

An Italian account also smooths the paperwork that follows — from paying the fees for converting your driving licence to settling local taxes.

In Lucca

Banking rules are national — the right to a conto di base, the documents required, and the stamp-duty thresholds are the same everywhere in Italy. There is no Lucca-specific procedure; simply choose a bank with a branch (or an online offering) convenient to you in Lucca.

Documents to bring

Frequently asked questions

Can an Italian bank refuse me because I'm not (yet) resident in Italy?

Not for a basic payment account. Every consumer legally residing anywhere in the EU has the right to a conto di base; refusal is allowed only on anti-money-laundering grounds or if you already hold an equivalent Italian payment account. Ordinary accounts remain at the bank's discretion.

What does an Italian account cost in taxes?

The government stamp duty (imposta di bollo) is €34.20 per year for individuals — but only if your average balance at that bank exceeds €5,000. Below that threshold no stamp duty is due.

Is the conto di base free?

It has a capped all-inclusive annual fee. It is completely free (and exempt from stamp duty) if your ISEE is at or below €11,600, and free — though stamp duty still applies — for pensioners with gross pensions up to €18,000 a year.

Do I need the codice fiscale first?

Yes. Italian law obliges banks to record the codice fiscale of anyone they open a relationship with, so get it before you approach any bank (it is Step 1 of this journey).

Terms on this page

Sources

Primary, official sources this page is based on. Each was checked on the date shown.

  1. Your Europe — Bank accounts in the EU — checked 10 Jul 2026 · archived copy 2026-06-18
  2. Banca d'Italia (L'Economia per tutti) — Il conto di base — checked 10 Jul 2026 · archived copy 2026-04-19
  3. Banca d'Italia — Il conto corrente in parole semplici (guide) — checked 10 Jul 2026 · archived copy 2025-03-05
  4. MEF Dipartimento del Tesoro — Conti di base — checked 10 Jul 2026

Spotted something out of date? Suggest an update →