In France, students will be required to open a bank account. As it necessary for some transactions
Having a bank account in France is a must
It is necessary to have a bank account in France. It is need for so many things
- To have your funds transferred from your blocked account in Ghana
- To pay bills (electricity, telephone, rent) and subscriptions (transportation, Internet).
- To receive the reimbursement for healthcare expenses as well as the CAF subsidy
- To receive your salary in case you are working (students jobs)
- For your daily upkeep
A French credit/debit card also lets you pay for most things so you don't have to carry large amounts of cash with you. Payment by credit/debit card is the main medium of transactions in France
Getting a bank account is mandatory by law. A foreign student can open a bank account in any bank in France. The different banks have branches in most cities; just open the door and make an appointment with a counselor.
Compare what the different banks offer. The costs of the bank card, international transfers and cash withdrawals abroad may vary noticeably from one bank to another.
Three documents are needed to open a bank account:
- Copy of ID card or passport
- , proof of residence and an attestation of enrolment or a student card. If you still don't have any accommodation, you may be able to use the address of the service of international relations of your institution.
After you open a bank account, you will be given a bank card and a cheque book. With your Relevé d’Identité Bancaire (RIB - bank account information slip), you will be able to easily make the different monthly payments you have.
If you face difficulties to open an account, a process called "droit au compte" (right to account) can help you: the Banque de France will appoint a bank and force it to open an account for you. Details of this process, documents to provide and associations offering help are available on the Banque de France website.
