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BankingStep-by-step

Opening a bank account in France and the right to an account

Why you need a French or SEPA account, what banks ask for, how to choose neutrally between traditional and online banks, how the Banque de France "droit au compte" procedure guarantees a free basic account if you are refused, and what to know about savings, switching and foreign accounts.

Checked 7 Oct 2026
Applies to
Anyone living in France. You must be an adult (or an emancipated minor) to open an individual account alone. The right-to-an-account procedure is open to people resident in France and to people legally resident in another EU country, provided they have no other deposit account in France.
Effort
Low effort
Time needed
From a same-day online opening to a few weeks; droit au compte takes a few working days after the Banque de France receives your file
Cost
Opening an account is free. Monthly and card fees vary by bank and package and are listed in each bank's fee schedule; an account opened through the droit au compte procedure, with its basic services, is free.
When
In your first week or two, so that your employer, landlord, health insurance fund and the CAF can pay or debit you
On this page
  1. Overview
  2. Documents you need
  3. Step by step
  4. Savings accounts
  5. Switching banks and closing an account
  6. Accounts you keep abroad
  7. Watch out
  8. Common mistakes
  9. Tips
  10. Frequently asked questions
  11. Official links
  12. In your plan
  13. Sources
  14. Related guides

Salaries, rent, health reimbursements and CAF benefits are paid by bank transfer, and many landlords and utilities collect payments by direct debit. A current account (compte courant or compte de dépôt) with an IBAN and the bank details document (relevé d'identité bancaire, RIB) is one of the first things newcomers need.

This guide explains the rules as of October 2026. HomiStart does not rank or recommend banks.

Documents you need

  • Passport or national ID card

    required
  • Proof of address in France less than three months old

    For example a rent receipt, a utility or internet bill, a home insurance certificate or a tax notice.

    required
  • Hosting certificate (attestation d'hébergement) with your host's ID and proof of address

    If you are staying with someone.

    optional
  • Residence document (non-EU nationals)

    optional
  • Proof of income or status (contract

    optional

Step by step

  1. Step 1: Choose a type of bank

    You can open an account with a branch-based bank, a bank's online brand or an app-based provider. Branch banks offer face-to-face appointments, while online and app-based providers work mainly through an app, sometimes in several languages. Compare monthly account fees, card fees, cash withdrawal conditions and international transfer costs on each bank's published fee schedule (plaquette tarifaire). Each year, your bank must send you a statement of the fees you paid.

  2. Step 2: Prepare your documents

    Banks must verify your identity and address before opening an account. Expect to show:

    • a valid official photo ID: passport, national ID card or residence permit;
    • a proof of address, for example a rent receipt, a utility or internet bill less than three months old, a home insurance certificate or a tax notice;
    • if you are staying with someone, a hosting certificate (attestation d'hébergement) signed by your host with their ID and proof of address (Service-Public provides a template);
    • for non-EU nationals, your residence document.

    Banks may also ask about your income or occupation. Online banks may use certified identity-check services and ask for a first transfer from another account in your name.

  3. Step 3: If a bank refuses, ask for a refusal letter

    A bank may refuse to open an account. If it has not answered within 15 days of your request, this counts as a refusal. The bank must then give you a letter of refusal stating the reason and tell you that you can ask the Banque de France for the right to an account (droit au compte). You can also ask the refusing bank to send your file to the Banque de France for you.

  4. Step 4: Apply for the droit au compte

    Send the Banque de France the request form, a valid French or foreign ID, a proof of address less than three months old, the refusal letter (or proof that you applied more than 15 days ago) and a sworn statement that you have no other deposit account. You can apply online in your personal space on the Banque de France website, at a branch counter or by post. The CAF, a consumer association or a social services centre can help you.

  5. Step 5: Open the designated account

    Within one working day of receiving your complete file, the Banque de France designates a bank. That bank sends you the list of documents it needs within three working days and must open the account within three working days of receiving them. The account comes with basic banking services free of charge, including a bank card authorised for each use, transfers, direct debits, cash withdrawals, online balance checks and two bank cheques per month.

  6. Step 6: Share your RIB and set up payments

    Download your RIB as soon as the account is open and send it to your employer, the health insurance fund (through your ameli account), the CAF and your landlord or utilities. Add your bank details to your impots.gouv.fr account so that tax refunds and balances go through this account.

Savings accounts

Regulated savings accounts are offered by most banks on the same terms. The best known is the Livret A: one per person, for people resident in France. From 1 August 2026 its rate is 1.7 % a year (previously 1.5 %), with a deposit ceiling of €22,950. The LDDS pays the same rate and the LEP (livret d'épargne populaire) pays 2.5 %. In 2026 the rates changed on 1 February and 1 August.

Switching banks and closing an account

When you change banks, you can ask the new bank to handle the switch for free (mobilité bancaire): it contacts the organisations that pay you or debit your account, and creditors then have 10 days to update your details. You can close an account yourself at any time and free of charge; a bank must give you two months' notice to close yours.

Accounts you keep abroad

Once you are a French tax resident, you must declare every bank account, life insurance contract and digital asset account opened, held, used or closed abroad during the year, on form 3916 / 3916-bis with your income tax return. The penalty for an undeclared account is €1,500 per account (€10,000 for some non-cooperative states). See the taxes guide.

Watch out

The droit au compte procedure is free; be wary of anyone who charges to arrange it.

A bank designated under the droit au compte can close the account in specific cases, for example if you open a second deposit account in France or gave inaccurate information.

Never share your card details or security codes received by text message with someone who contacts you, even if they say they are from your bank; call your bank back on the number you know.

Common mistakes

  • Leaving without a written refusal; without it you cannot easily use the droit au compte.
  • Forgetting that, as a French tax resident, you must declare bank accounts you hold abroad when you file your tax return.
  • Relying on a new account for rent before the card and PIN have arrived.
  • Opening several Livret A accounts; only one per person is allowed.

Tips

  • Ask for your PIN and card before relying on the account for rent; a first card may take several days to arrive.
  • Keep a copy of your fee schedule and check your annual fee statement.
  • If you start a micro-enterprise, a separate account for the business becomes mandatory once turnover exceeds €10,000 two years in a row.

Frequently asked questions

Editorial answers written by our team, based on the sources below.

Can I use my account from another EU country?

Payments in euros within the Single Euro Payments Area use the same IBAN-based transfers, so a foreign SEPA account can work for many payments. Some newcomers still find that a French account makes everyday administration easier.

Can a bank refuse me because I am a foreigner?

A bank can refuse to open an account, but the droit au compte procedure is open to residents of France whatever their nationality.

I do not have a proof of address in my name yet. What can I do?

If you are staying with someone, use a hosting certificate signed by your host with a copy of their ID and their own proof of address. Ask the bank in advance which documents it accepts.

In your plan

  • Open a bank account
  • File your French income tax return each spring
  • Get a French mobile number

Sources

Written and checked by HomiStart editorial against the official sources below. Next scheduled check: 5 Apr 2027.

  1. Service-Public.fr (DILA, Premier ministre)Official source
    Refus d'ouverture de compte bancaire – droit au compte (Opens {{site}} in a new tab)
    Accessed 5 Oct 2026
  2. Service-Public.fr (DILA, Premier ministre)Official source
    Individual bank account (Opens {{site}} in a new tab)
    Accessed 7 Oct 2026

    Page verified 22 May 2026; documents, identity checks, fees, closure and bank switching.

  3. Banque de FranceOfficial source
    Banque de France – home page (Opens {{site}} in a new tab)
    Accessed 5 Oct 2026
  4. Service-Public.fr (DILA, Premier ministre)Official source
    Regulated savings – Livret A and LEP rates from 1 August 2026 (Opens {{site}} in a new tab)
    Accessed 7 Oct 2026
  5. Direction générale des Finances publiques (impots.gouv.fr)Official source
    I am coming or returning to France (Opens {{site}} in a new tab)
    Accessed 7 Oct 2026
  6. Direction générale des Finances publiques (impots.gouv.fr)Official source
    Declaring foreign bank accounts and life insurance policies held abroad (Opens {{site}} in a new tab)
    Accessed 7 Oct 2026
  7. Entreprendre.Service-Public.fr (DILA, Premier ministre)Official source
    Bank account of the micro-entrepreneur (Opens {{site}} in a new tab)
    Accessed 7 Oct 2026

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