Moving to a new country is always a challenge, and one of the first steps you should take when you arrive is to set up a bank account. Having a Polish bank account will make it easier to manage your finances, pay bills and everyday expenses. Here is a detailed guide to help you through the process.

What documents are needed?

Setting up a bank account in Poland is a relatively straightforward process, but requires the provision of a few basic documents. Depending on the bank, you may need:

  1. Passport or personal identity card: A passport is required for non-EU citizens, while EU citizens can provide an ID card.
  2. PESEL number: In some banks, a PESEL number is required, but it is not always necessary. PESEL is the Polish equivalent of a tax identification number.
  3. Residence card or residence registration confirmation:
    • Residence card: Required for non-EU nationals planning a longer stay in Poland.
    • Residence registration confirmation: EU citizens who stay in Poland for more than 90 days should register their stay with the Provincial Office.
  4. Confirmation of Address of Residence: This can be a rental agreement, utility bill or other documents proving residence.

How to open a bank account?

  1. Bank Selection: There are many banks that offer various products and services to foreigners. Popular banks include mBank, PKO BP, ING Bank Śląski, Santander, Pekao, Millennium, and Citi Handlowy.
  2. Visiting a Branch: Although some banks allow you to open an account online, a visit to a branch may be required, especially for foreigners.
  3. Completing an Application: A bank employee will help you complete an application form to open an account. You will need to provide the required documents.
  4. Signing the Agreement: Once your application is approved, you will sign a contract with the bank. You will also receive a debit card that you can use for everyday transactions.

Do you need a residence card or residence registration?

For citizens of the European Union:

  • Registration of residence: If you plan to stay in Poland for more than 90 days, you must register your stay. Registration is done at the Voivodship Office and you will receive a confirmation of your registration, which is a valid document at the bank.

For citizens from outside the European Union:

  • Residence card: If you are a non-EU citizen and plan to stay in Poland for a longer period of time, you need to apply for a Residence Card. This is a document confirming the legality of your stay in Poland and is often required when opening a bank account.

Overview of Banks and Their Requirements

Citi Handlowy

  • EU Citizens: Residence registration is recommended, but in many cases a passport or ID card and proof of address is sufficient.
  • Non-EU Citizens: Residence card not required – a valid passport is sufficient.

mBank

  • EU citizens: they do not need a Residence card or a residence registration. A passport or identity card and proof of address is sufficient.
  • Non-EU citizens: Residence card is required.

PKO BP

  • EU citizens: Residence registration after 90 days is required. A passport or identity card is sufficient at the beginning.
  • Non-EU citizens: Residence card is required.

ING Bank Śląski

  • EU Citizens: Residence registration after 90 days is required, but a passport or ID card is sufficient to open an account initially.
  • Non-EU citizens: Residence card required.

Santander Bank Polska

  • EU citizens: Residence registration is recommended but not always required when opening an account. Passport or identity card is accepted.
  • Non-EU citizens: a Residence card is required.

Pekao S.A.

  • EU citizens: Residence registration is required after 90 days. Initially, an account can be opened with a passport or ID card.
  • Non-EU citizens: Residence card is required.

Millennium Bank

  • EU Citizens: Residence registration is recommended but not always required when opening an account. Passport or identity card is accepted.
  • Non-EU citizens: Residence card is required.

Costs and Fees

Each bank has its own policy regarding fees for account maintenance, debit card use, international transfers, etc. Before choosing a bank, it is worth comparing offers and choosing the one that best suits your needs. These are often free after meeting certain basic activity requirements.

Summary

Opening a bank account in Poland is a crucial step for any Expat who plans to live and work here. With the right documents and information, the process will go smoothly and hassle-free. Having a Polish bank account will make everyday life and financial management in your new country easier.

We hope you find this guide helpful and wish you the best of luck in your new life in Poland!

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