Updated on 7 December 2019
CheBanca! was established in May 2008 as a retail bank of Mediobanca Group and provides retail banking and insurance products and services. CheBanca! operates mainly online as a direct bank but also has a branch network.
Cariparma Crédit Agricole is a regional bank whose history dates back to 1860. In 2007 Cariparma Crédit Agricole joined Crédit Agricole Group. Cariparma Crédit Agricole provides a wide range of retail, private and corporate banking products and services to natural persons and companies.
Banca Sella SpA is a subsidiary of Banca Sella Holding SpA, providing retail banking products to private individuals and SMEs online. Banca Sella SpA also offers securities trading solutions.
Italy: This product is offered to Italian residents only. When clicking on the product link you will be redirected to the product page in Italian.
Current accounts are usually non-interest bearing deposit accounts which are designated to perform day-to-day banking transactions and are often offered with a payment card (a debit card and/or a credit card). Also current accounts may include overdraft possibility.
The table above shows selected current accounts offered to retail customers by the banks in Italy. The interest rates (per annum) are within the range 0.00 - 0.30 %, the overdraft rates (per annum) - 0.00 - 14.59 %, the annual costs - 0.00 - 24.00 EUR.
Deposit Guarantee. Current accounts made with credit institutions in Italy are covered by deposit guarantee scheme up to 100,000 EUR per depositor.
Withholding Tax. Interest income gained on current accounts by non-residents of Italy is not taxed. Interest gained on current accounts by residents of Italy is taxed at 20.00% rate. When the interest is paid, this tax is automatically withhold from the current account by the bank.