Opening an account with a foreign bank in France: what are your options?

A complete guide for expats looking to open an account with a foreign bank in France: which institutions are available, and how do they differ from French banks?

For more flexibility, open a Wise account: you can receive transfers in euros and 8+ other currencies without fees, and make international transactions at the mid-market exchange rate (one of the best rates available).

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Foreign banks operating in France: which ones are available?

Several foreign banks have branches in France, although their coverage across the country varies.

Among the institutions present, you’ll find:

• Bank of America
• Attijariwafa Bank Europe
• Banque Chaabi du Maroc
• Bforbank
• Deutsche Bank
• ING Bank
• UBS
• Unicredit

Note: Some banks do not offer services for private individuals — they may focus exclusively on investment or corporate clients.

How to open an account with a foreign bank in France

Foreign banks in France are subject to French financial regulations, even if their headquarters are abroad.

The process and required documents are generally the same as with French banks. You’ll usually need to provide:

• A copy of your ID card, passport, or residence permit.
• Proof of address in France.
• A handwritten signature.

Depending on the type of account or card requested, additional documents may be required.

Here’s how to open an account step by step:

• Schedule an appointment to get the list of required documents.
• Visit the branch and meet with an advisor.
• Choose the type of account you want to open.
• Submit your documents for verification.

Once approved, you’ll be able to collect your card in person — although some banks may offer home delivery.

Foreign bank vs French bank: which option should you choose?

If you live permanently in France and rarely travel abroad, opening an account with a French bank is usually the most straightforward choice.

That said, it’s still important to compare fees and conditions before making a decision.

If you travel frequently, having an account with a foreign bank can be useful — especially for international withdrawals. Some foreign banks waive withdrawal fees at their own ATMs abroad, helping you save money when travelling.

If you’re an expat with ties to your home country, a foreign bank in France can also be convenient. For instance, Attijariwafa Bank Europe offers preferential rates on transfers to Morocco.

Foreign online banks in France: what options are there?

The creation of the SEPA zone and simplified EU financial rules have made it easier for online banks to operate in France.

Some of the main international providers include:

• Wise
• Revolut
• N26

These institutions differ from traditional banks because the entire account-opening process is done online. You don’t need to visit a branch — simply apply via the app and receive your card by post.

They are also more cost-effective for foreign currency transactions, which makes them a great option if you travel or send money abroad regularly.

Choosing the right foreign bank in France

Physical bank or online bank?

If you mainly need a bank account for use within France, a physical bank might be the best fit. Domestic transactions — such as withdrawals — are often cheaper through traditional banks.

Traditional institutions also offer the advantage of in-person service. You can visit a branch for advice or to handle complex transactions.

If you travel often, however, an online bank could be more advantageous. Some providers, like Wise, let you make payments, withdrawals, and transfers at the mid-market exchange rate — generally saving you money compared to traditional banks.

Foreign online banks available in France are designed for international use. Even though they let you receive and spend money without fees (under certain conditions), cash withdrawals are often more expensive than with cards issued by local foreign banks.

What to consider when choosing a foreign network bank in France

The first factor to check is price. Review account maintenance fees, insurance, and card subscription costs.

If you travel regularly, find out whether the bank offers free withdrawals from its own ATMs abroad. This can save you significant money — provided the bank has a presence in your destination country.

In most cases, international transactions will still be cheaper with an online bank, unless a specific partnership applies.

For long-term use, also consider other financial products such as loans or investment options. Compare interest rates and eligibility criteria.

Lastly, test the bank’s mobile app before committing. Is it user-friendly? Does it include all the features you need? These small details can make a big difference in daily use.

Wise: a cost-effective option in France and abroad

The Wise account is available to anyone with an address in France or the EEA. It allows you to send, receive, and convert money at the mid-market exchange rate — without hidden fees.

Key advantages include:

• No account maintenance or subscription fees — you only pay a delivery fee for the card.
• Local account details to receive transfers in euros and 8+ other currencies without fees.
• Fee-free payments when you hold the transaction currency in your account.
• 100% online setup: open your account from the Wise app, without visiting a branch.

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This article is a translation of the original article published in French and was translated within 365 days of publication. While the content has been translated for accessibility, the data and sources referenced have not been updated since the original publication date.