Close a Bank Account in Italy

Searching for Close a Bank Account in Italy Service? Customer reviews to help you select from the best, most experienced Lawyers in Italy

How clients rate our Close a Bank Account Service...

Advocate Abroad seeks client feedback to ensure continued high-quality service provision.
Very helpful advice and very professional work, I would definitely recommend to everyone!
Katarzyna Chabinka
Katarzyna Chabinka
26 Apr 2024
G o o g l e Review

Service Details

Close a Bank Account

This service is available across Italy

Who Can Benefit from this Service?

This service is designed for expatriates, residents, or individuals with banking relations in Italy seeking to close their Italian bank accounts. 

It is particularly suitable for those transitioning to new financial institutions, handling a deceased relative's estate, simplifying their banking needs, or relocating from Italy.

Who Can Benefit from this Service?

Prerequisites

To initiate the closure of a bank account in Italy, the account holder must have:

  • A valid identification document.
  • The account in a positive balance; accounts in deficit cannot be closed.
  • Closure or transfer arrangements for any linked services like deposits, investments, or loans.
Prerequisites

Procedure: Our Approach

  1. Consultation and Planning: Assess the client's banking situation, including any linked debts or services.
  2. Preparation of Documents: Gather necessary documents and complete the bank's account closure form.
  3. Formal Closure Request: Submit the closure request through the chosen method (in-branch visit, registered mail, or PEC if accepted by the bank).
  4. Transfer of Funds: Manage the transfer of remaining funds to a new account, ensuring all direct debits and standing orders are redirected.
  5. Confirmation of Closure: Secure official confirmation from the bank upon successful closure of the account.
Procedure: Our Approach

Benefits - Why Choose Our Service

  • Customized Assistance: Tailored guidance through Italy’s unique banking procedures and requirements.
  • Seamless Transition: Efficient management of funds transfer and linked services to ensure a smooth transition.
  • Cost Transparency: Avoidance of unnecessary fees, in line with Italy’s consumer banking laws.
Benefits - Why Choose Our Service

Components of this Service

  • No Bank Closure Fee: In compliance with Italian law (Decreto Bersani), no fees are charged by the bank for account closure.
  • Handling of Linked Services: Assistance with closing or transferring investment accounts, loans, and other financial services.
  • Document Management: Preparation and submission of all necessary paperwork for account closure.
  • Multi-Owner Accounts: Coordinating with all parties involved in jointly held accounts.
  • Compliance with Italian Banking Regulations: Ensuring all actions adhere to local laws and banking norms.
Components of this Service

Free Support Services Included

When combined with the free and innovative Advocate Abroad support services you can be sure that you are obtaining completely transparent legal services from registered and regulated English-speaking lawyers abroad.These support services include:

  • Verification of the regulatory status of your professional.
  • Fees as recommended by the Local Professional Body
  • Fees specified in advance and legally guaranteed.
  • Service levels agreed in advance and guaranteed.
  • All professionals must hold professional indemnity insurance.
  • Professionals' proficiency in English monitored.
  • Continuous quality controls and reviews.

Why choose Advocate Abroad?

Call Us
Email Us
Loading form...

Call us Now

Office hours: 9am - 9pm CET Monday - Friday