Open a bank account in Italy

The opening of a bank account may be necessary to make it easier to pay the expenses, taxes, and costs relating to goods present in Italy, such as property.

Do you need a bank account in Italy? We open it for you.

Govonilaw has an excellent connection with primary banking institutions useful for these cases where the customer intends to ask for a mortgage or loan for the property purchase and all the other operations related to the opening of a bank account in Italy, this is very good to streamline the procedures for the purchase and prepare the next bank domiciliation for the payment of utilities related to the property, a choice much appreciated by foreign customers;

The Lawyers take care of the client’s interests in the real estate tax aspects and the tax reduction and deductions according to the Italian legislation;

The Professionals advise in fiscal aspects of the purchase, in the case of a seller as a private or developer, with the proper legal warranty and insurance upon the property;

Problem-solving: If one of the parties detracts from the obligations assumed, since an inert or defaulting, having been signed the preliminary contract and the deposit paid, under art. 1385 and ss. Code Civil, the seller purchaser that fails the obligation must return the double of the deposit, if the buyer fails to attend its obligations, he will lose the deposit. The Firm deals with the recovery of these sums on behalf and in the interests of the client assisted. Furthermore, there are other solutions, but it depends on a case by case.

Open a Bank Account in Italy

Often this is done with the idea of using it to purchase an Italian real estate property or start a business in Italy.

Before opening a bank account, the Client will need to request and obtain a Codice Fiscale (we offer within our service also the request to obtain the Codice Fiscale on behalf of the Client).

Depending on the banks and the Clients’ information or account type will be possible to request and open the account through a Power of Attorney (POA) without your physical presence in Italy. Govoni Lawyers will take good care of your interests.

With the Italian bank account, the Client will have online-based services, such as Home Banking, which allows him to manage it in real time and without the physical presence in Italy.

According to the bank compliance checks, depending on the client’s needs, there are strict regulations, both Italian and European, that will ask for further information before opening the account and monitoring outgoing or ongoing funds. We provide maximum assistance and cooperation in opening the bank account according to the Client’s needs.