How to open a business bank account in Italy from the UK?
Communication Team
Communication Team

November 15, 2022

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How to open a business bank account in Italy from the UK?

Opening a bank account in Italy is not difficult, as long as you have all the required documents and information to hand. You can open an account at any of the major banks in Italy, and most offer online banking services that make it easy for you to manage your finances from afar. In addition to opening a business bank account in Italy, you will also need personal checks so that your employees can be paid their wages and reimbursed for expenses incurred on behalf of the company during their time off work.

Open a bank account in Italy through your company representative.

If you are opening a business bank account in Italy through your company representative, the process is quite simple. You will need to provide your company's details and personal details along with business details.

Your company representative will need your signature on some documents, so it's best if they have all of the information available before contacting the bank directly.

Go to the bank

Go to the bank personally taking along any documents you have been asked to submit. and apply to open a bank account.

You will need to bring with you your passport, and if you are a sole trader or partnership then also the registration certificate of your business. It is recommended that you call ahead and book an appointment with the bank representative as they may be busy during normal business hours. When speaking with the representative at the bank, they will ask what kind of account you want to open and how much money you want to deposit into it initially before opening it. Some business accounts require an initial deposit and the amount varies.

Open a business bank account in Italy from the UK

You can open a business bank account in Italy from the UK.

You will need to be at least 18 years of age, resident in the UK, have an Italian tax number and an address in Italy (or nearby). If you are not yet legally resident in Italy but plan to be, there will be no problem opening your account before moving — however, if this isn't the case then it is likely that your application will be rejected.

The business should also be registered with the local Commercial Register where applicable.

Related: Italian banks with a business bank account

The best option yet? wamo

The account opening process in Italy can be more complicated than in many other countries but luckily there are alternatives that make it easier. You can open a business account with wamo from anywhere - registration takes 10 minutes and you an have a smart business account packed with useful tools and features up and running within 24 hours.

With your new account everything else becomes easy including things like transferring money back home or paying suppliers overseas… To open a business account without even having to go to Italy (although who wouldn’t want an excuse to do just that!) register now with wamo.

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