You are buying a French property and would like to open a French bank account but don’t know how to proceed:What documents are required? Who to contact?  Don’t worry we are here to help you.

First, opening a French bank account is cheap, costing around 30 Euros per year, and offers various advantages. If you open a bank account in France you will be able to get a French mortgage, and pay and withdraw in France free of charge.

To open a French bank account the required documents are:

-      A copy of your passports

-       Your last two payslips

-      A utility bill less than 3 months old

-      A marriage certificate (if you are married)

-      Your P60

-      The reservation contract for the property you are buying in France.

Then, you also need to fill in a form in order to provide some information about yourself (name, address, telephone number, salary…) and choose what account(s) you want to open:

-      Individual or joint account

-      Savings account

-      Securities account

-      PEA

Moreover, thanks to this form you can choose between several options:

-      Card Visa or Visa Premier (with a minimum income of 3000€/month); immediate or deferred debit card.

-      Internet guarantee

-      Free chequebook included or not/ standard or portfolio size

-      Paper bank statements or online bank statements

-      Card/ key / paper insurance

-       Account insurance

For more information do not hesitate to contact Sextant French Mortgages on 020 7428 4918 or by email on info@sextantmortgages.com