Anyone with an Italian bank account....

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Anyone with an Italian bank account....

Post by stevegwmonkseaton on Sun May 04, 2014 3:25 pm

.... might want to look at this Abruzzolutely forum post Abruzzolutely post LINK and check their account. It may be just an extra LARGE charge for non resident a/c's... I'm not too sure this has not come up before, but it's the first I've heard of people being charged...  Shocked  Shocked

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Re: Anyone with an Italian bank account....

Post by ghiro on Sun May 04, 2014 4:31 pm

Just checked our bank account on-line and nothing similar appears there.  Smile
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Re: Anyone with an Italian bank account....

Post by Gala Placidia on Sun May 04, 2014 7:36 pm

Nothing new. Non-resident accounts are more expensive. I do not look after finances, so I asked hubby. Response: "Yes, we pay extra fees and charges, and I do not worry about these. They sort out quite a lot of things for us, they look after direct debits and they are very helpful. An extra trip to Italy to sort out things will be more expensive. I you want sevice you must pay for it". And I think that he is right.
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Re: Anyone with an Italian bank account....

Post by stevegwmonkseaton on Sun May 04, 2014 8:19 pm

Sounds like rip-off banking Italy to me...

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Re: Anyone with an Italian bank account....

Post by ghiro on Sun May 04, 2014 8:27 pm

stevegwmonkseaton wrote:Sounds like rip-off banking Italy to me...

I suppose it depends on your bank and also on the type of account you have.

I have no idea what sort of account we have!  Shocked   All I know is that from time time we get interest on the huge amount of money we have in our current account.  This interest can be as much as €2/year! Sad

Also we have devastating bank charges.  If these amount to €10/year I'd be mighty surprised!  Smile
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Re: Anyone with an Italian bank account....

Post by stevegwmonkseaton on Sun May 04, 2014 8:43 pm

I agree some charge a lot more than others here, but I think you will be surprised G! In any case you are still paying 10x more than you would in the UK!

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Re: Anyone with an Italian bank account....

Post by stevegwmonkseaton on Sun May 04, 2014 8:44 pm

Sorry "G" I should have deducted your €2 interest, so 8x more than the UK.... By the way I hope you paid your tax on the €2...

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Re: Anyone with an Italian bank account....

Post by Gala Placidia on Sun May 04, 2014 9:05 pm

Here is a good summary  Conto non-residenti 
I guess that each bank has its own rules and charges. I know that our bank account does not pay any interest.
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Re: Anyone with an Italian bank account....

Post by stevegwmonkseaton on Mon May 05, 2014 7:34 am

... and the real reason for the charges related to the post EU LINK

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Re: Anyone with an Italian bank account....

Post by stevegwmonkseaton on Mon May 05, 2014 8:51 am

From what I've read, it is as I thought, there should be no additional charge on the introduction of this SEPA DD, therefore either the original OP has misunderstood their statement or the bank is indeed pulling a fast one. Checking our banks charges, they have this on them, but the amount is the same as RID (their old DD system)

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