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Banking in France

You will need to open a bank account in France as soon as you decide to acquire a property. Formalities will need to be accomplished early on to ensure that money is available as and when required.

The formalities are close to that of the UK with a couple of notable differences. Firstly, unlike in the UK, it is a criminal offence to issue a cheque that "bounces". Doing so has enormous consequences on your financial status. Secondly, banking cards are usually "Debit card only" as all transactions are debited direct to your account on a monthly basis. Unlike in the UK these cards do not offer any medium term credit.

We can accompany you to open your account so that you are given a full understanding of the workings of your account. We can take particular care to ensure you understand your credit limits.

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