https://feeds.thelocal.com/ Read the latest news and views from Italy in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed If you’re planning to move from the US to Italy, opening an Italian bank account will be one of the first things you’ll need to do upon arrival. https://www.thelocal.it/20260202/what-americans-need-to-know-about-opening-a-bank-account-in-italy Mon, 02 Feb 2026 15:53:05 +0100 what-americans-need-to-know-about-opening-a-bank-account-in-italy An additional real-time security measure that comes into force on Thursday across the Eurozone puts the onus on users to ensure bank details of financial transfer recipients is accurate. https://www.thelocal.it/20250926/the-important-eu-banking-security-change-you-need-to-know-about Fri, 26 Sep 2025 12:13:22 +0200 the-important-eu-banking-security-change-you-need-to-know-about From paying bills to receiving a salary, an Italian bank account is essential if you live in Italy. But what documents will you need to open one? https://www.thelocal.it/20230804/reader-question-which-documents-do-i-need-to-open-an-italian-bank-account Fri, 04 Aug 2023 13:00:20 +0200 reader-question-which-documents-do-i-need-to-open-an-italian-bank-account There are a few things to know before choosing the right place to put your cash in Italy. Here’s our guide to finding the best bank for you. https://www.thelocal.it/20230202/what-you-need-to-know-about-opening-a-bank-account-in-italy Thu, 02 Feb 2023 11:40:49 +0100 what-you-need-to-know-about-opening-a-bank-account-in-italy Italy's competition watchdog said on Thursday it had opened an investigation into British online bank Revolut over "misleading" messages to customers about its investment services. https://www.thelocal.it/20250710/italy-launches-investigation-into-online-bank-revolut-for-misleading-clients Thu, 10 Jul 2025 17:03:34 +0200 italy-launches-investigation-into-online-bank-revolut-for-misleading-clients If you own a property in Italy but don’t have an Italian bank account, can you set up a direct debit for your utility bills using a foreign account? https://www.thelocal.it/20250310/can-you-pay-your-italian-utility-bills-via-direct-debit-from-a-foreign-account Mon, 10 Mar 2025 17:20:18 +0100 can-you-pay-your-italian-utility-bills-via-direct-debit-from-a-foreign-account There are several reasons why you may want to close a bank account in Italy. But the process may not always be as straightforward as it should be. https://www.thelocal.it/20240419/everything-you-need-to-know-about-closing-a-bank-account-in-italy Fri, 19 Apr 2024 14:13:18 +0200 everything-you-need-to-know-about-closing-a-bank-account-in-italy Having an Italian bank account is an advantage when it comes to paying for utilities and services in Italy, but can foreign residents get one? https://www.thelocal.it/20240215/reader-question-can-i-open-a-bank-account-in-italy-as-a-non-resident Thu, 15 Feb 2024 12:26:31 +0100 reader-question-can-i-open-a-bank-account-in-italy-as-a-non-resident Picking the right banking option in Italy can be hard, but The Local's readers have shared their experiences and advice to give you a head start. https://www.thelocal.it/20240214/which-are-the-best-banks-for-foreigners-in-italy Wed, 14 Feb 2024 15:01:38 +0100 which-are-the-best-banks-for-foreigners-in-italy As some readers in Italy report their N26 accounts are being suddenly closed down, has the German bank’s status in the country changed? https://www.thelocal.it/20240126/has-digital-bank-n26-closed-down-in-italy Fri, 26 Jan 2024 16:33:04 +0100 has-digital-bank-n26-closed-down-in-italy As some UK banks warn they are closing down accounts for British customers living in the EU, we look at which types of accounts are affected, and what this means for pensions and rental property income. https://www.thelocal.it/20200922/how-will-post-brexit-banking-changes-affect-british-people-in-italy Tue, 22 Sep 2020 19:33:53 +0200 how-will-post-brexit-banking-changes-affect-british-people-in-italy Some of Britain's biggest banks have begun contacting customers in European Union countries, warning them that their accounts will be closed down within weeks because the cost and complexity of operating without a continuation of pan-European banking rules is too much. https://www.thelocal.it/20200920/brits-in-eu-risk-losing-uk-bank-accounts-within-week Sun, 20 Sep 2020 16:19:03 +0200 brits-in-eu-risk-losing-uk-bank-accounts-within-week Opening a bank account in Italy is something most foreign residents will have to do. But do you really know what the best option is or do you just walk in to your nearest high street bank? Share your tips with fellow readers. https://www.thelocal.it/20190429/tell-us-which-bank-offers-the-best-account-for-foreigners-in-italy Mon, 29 Apr 2019 12:53:45 +0200 tell-us-which-bank-offers-the-best-account-for-foreigners-in-italy The Italian government has been accused of hypocrisy over the decision, after previously saying it wouldn't give "one euro" to the banks. https://www.thelocal.it/20190108/italian-government-to-bail-out-struggling-banca-carige Tue, 08 Jan 2019 12:59:38 +0100 italian-government-to-bail-out-struggling-banca-carige The fraud trial of two former executives of Italy's troubled lender Banca Monte dei Paschi di Siena (BMPS) opened on Tuesday in Milan. https://www.thelocal.it/20180718/fraud-trial-of-two-italian-ex-banking-chiefs-bmps-begins Wed, 18 Jul 2018 10:32:23 +0200 fraud-trial-of-two-italian-ex-banking-chiefs-bmps-begins Two former executives of Italy's troubled lender Banca Monte dei Paschi di Siena (BMPS) were ordered on Friday to stand trial on fraud charges. https://www.thelocal.it/20180427/former-bmps-bosses-trial-fraud Fri, 27 Apr 2018 19:20:00 +0200 former-bmps-bosses-trial-fraud Italian bank UniCredit said on Thursday that it returned to the black in 2017 as an ambitious reorganisation it embarked upon 18 months ago starts to pay off. https://www.thelocal.it/20180208/italy-unicredit-profit Thu, 08 Feb 2018 17:42:43 +0100 italy-unicredit-profit Two former senior managers of the Vatican's bank must pay the institution compensation for losses under their stewardship, a civil court in the Holy See ruled on Tuesday. https://www.thelocal.it/20180207/former-vatican-bank-bosses-must-pay-compensation-for-losses-after-mismanagement Wed, 07 Feb 2018 09:51:55 +0100 former-vatican-bank-bosses-must-pay-compensation-for-losses-after-mismanagement The deputy director of the Vatican bank has been sacked, throwing yet another question mark over Pope Francis's reform efforts for the Holy See's finances. https://www.thelocal.it/20171130/vatican-bank-deputy-sacked-for-unknown-reasons Thu, 30 Nov 2017 12:29:06 +0100 vatican-bank-deputy-sacked-for-unknown-reasons German Finance Minister Wolfgang Schaeuble on Monday warned that eurozone banking rules required reform, amid criticism that recent rescues of Italian banks failed to heed the lessons of the financial crisis. https://www.thelocal.it/20170711/european-regulators-wolfgang-schaeuble-over-italian-veneto-bank-bailouts Tue, 11 Jul 2017 11:03:56 +0200 european-regulators-wolfgang-schaeuble-over-italian-veneto-bank-bailouts