Opening Bank Accounts

A French bank account is essential for daily life:

Why You Need One

- Receive salary/benefits - Pay rent and utilities - Get RIB for contracts - Access online services - Build financial history

Choosing a Bank

Traditional Banks - BNP Paribas, Société Générale, Crédit Agricole - Physical branches - Full services - Higher fees - Appointment needed

Online Banks - Boursorama, Fortuneo, Hello Bank - Lower/no fees - Require existing French account often - Limited cash services - Quick setup

Neo Banks - Revolut, N26, Nickel - Instant accounts - Good for arrivals - Limited French services - May not accept all payments

Account Opening Process

Required Documents - Passport/ID - Proof of address (or attestation d'hébergement) - Visa/residence permit - Proof of income/student status - Sometimes tax records

For Those Without Proof of Address - Nickel accounts at tobacco shops - Letter from employer/university - Hotel attestation (temporary) - Friend/family hosting letter

Initial Appointment - Book online or phone - Bring all documents - Discuss account types - Understand fees - Set up online banking

Banking Rights

Right to Basic Account If refused by banks: - Apply to Banque de France - They assign you a bank - Basic services guaranteed - Free account minimum