Opening a bank account in the Reunion Island

Julien · 2011-09-28T09:43:18+02:00

Explore tips for expats on opening a bank account in Reunion Island, including necessary documents, processing times, and bank recommendations.

Julien Founder

Member since 11 March 2005

17 years of happy life abroad

JulienFounder28 September 2011 07:43:18

53040

Hi all,

is it difficult for expats to open a bank account in the Reunion Island ?

Which documents are required to open a bank account in the Reunion Island ?

How long does it take to open it ?

Is there any restriction for expats regarding the services (loans for instance)聽 ?

Which bank would you recommend ?

Thanks in advance for your participation,

Julien

ile_en_ile New member

Member since 30 January 2012

ile_en_ileNew member30 January 2012 10:04:03

No its not difficult as long as you have a proof of adresse: electricity bill, rent contract, and a minimum deposit, id card - passport, and visa for your stay.

For the credit card you need to have proof of regular income.
You must take into account that bank service rates in Reunion are high. higher than france. Sometimes its better to open an account on online banking services like ING and such for cheaper and faster banking services.

the best bank in terms of rates in order of preference - la poste, caisse d'茅pargne, banque de la reunion , bfc, cr茅dit agricole...

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