The official currency in France is euro (€).
Opening a bank account in France is not mandatory but will facilitate your daily life.
Thus, you will be able to pay your bills and subscriptions, receive your salaries and reimbursements of your medical expenses. This account will also be essential for you to receive your housing benefit.
Which bank to choose?
We advise you to compare the offers of the different banks and to choose the one matching your needs. Indeed, the costs related to various operations (international transfers, money withdrawals abroad, use of a credit card...) can vary from one organization to another. In addition, most banks offer attractive rates for students.
What documents will be requested?
Three documents will be required to open your account:
- A proof of identity (passport and visa)
- A proof of residence (bill, accommodation certificate, home insurance...)
- A certificate of enrollment or a student card
Once your account has been opened, you will have bank account details (RIB) which you will be asked for when you register for social security or when you apply for housing benefit.
For more information, do not hesitate to watch below the Campus France video :