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Can you open a B of A account in Florence Italy to receive money from the usa and convert your money to Euro?
Wiki User
∙ 16y ago
I'm not sure what you mean by B of A account. Bank of America? If so, no you cannot. There are many banks to choose from in Italy and you could open a bank with any of them. There are international banks such as Deutche Bank, Credit Suisse, Woolrich, ING direct, etc as well as a range of Italian Banks. If you are in Italy legally with a permit of stay, you may open an account at any bank, transfer funds to and from your bank account, and perform any other banking tasks you require. When ordering a wire transfer, you can specify whether you wish to receive your funds in Euros, dollars, or any other currency.
If you are a tourist or not required to have a permesso, you may only open a savings account at BancoPosta, or the Italian Postal System bank. This is not a great bank. You may also open a traditional passbook type savings account at a private bank, but often wiring/transfers/internet banking is not possible with that type of account.
Good luck, or In bocca al lupo as we say in Italy!
Luisa
http://www.wheninrometours.com
Wiki User
∙ 16y ago
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