Opening an account with an Italian bank is probably unnecessary for most students, but if you feel that you have no other means of managing your money, it is an option you could consider. Be aware that starting costs and transaction fees may seem higher than what you are used to, and the services available to you as a foreign student may be limited. You will likely be required to get a an Italian Fiscal Code (‘codice fiscale’) in order to open an Italian bank account. A codice fiscale can be obtained at the tax office in Florence, called ‘Agenzia delle Entrate,’ in Via Santa Caterina d’Alessandria, 23. If you need help with this, please ask a staff member in the Office of Student Life.
While students are free to choose any bank to open an Italian account, NYU Florence regularly works with the Cassa di Risparmio di Firenze bank located in Via Bufalini.
Cassa di Risparmio di Firenze
Via Bufalini 4
Tel. 055 261 2237
In order to open a checking account through this bank, you must present your original passport, your NYU ID card, and your codice fiscale.
Please remember to return to the bank to close your Italian bank account before you leave Italy at the end of the semester.
The exchange rate of the U.S. Dollar (and other foreign currencies) to the Euro fluctuates, so be sure to check exchange rates regularly to keep track of your spending.