100% digital opening: you don't need to go to an office. Everything is done from the app, in minutes.
Low or no fees: They usually do not charge maintenance fees or hidden fees on international transfers.
Advanced financial management: Tools like italy phone number library alerts, expense categorization, and real-time analytics help you make more informed decisions.
International Flexibility: Many accounts allow you to handle multiple currencies and exchange currencies with competitive rates.
Examples of neobanks in Italy:
N26: Very popular with expats, it offers a completely digital experience, affordable transfers and a simple interface in several languages.
Revolut: perfect for those who need to manage multiple currencies and make international transfers with very competitive rates.
Wise: Known for its low fees on international transfers and its ability to operate in multiple currencies. A great option for those who work with different currencies.
Local banks in Italy
Local banks, also known as “banche tradizionali”, are a solid option for foreigners looking for stability and in-person access to financial services in Italy. These entities have an extensive network of branches and ATMs spread throughout the country. If you prefer personal contact and value having someone to guide you in person , this may be the option that best suits you.