Getting an Italian account with an International Bank Account Number (IBAN) is necessary for paying bills and transferring money. It is also helpful for making purchases, getting cash and managing funds between dollars and euros.

Community Bank is located on NSA Capodichino in Bldg. 450. | Phone: 39-0816-35-5301

Navy Federal Credit Union is located on the Support Site in the NEX complex, Bldg. 2091. | Phone: 39-081-811-4887/8/9, DSN: 314-629-4887/8/9

Support Site: Navy Federal Credit Union and Banco di Napoli, outside the NEX Food Cour (Bldg. 2091).

Capodichino: Community Bank, Navy Federal Credit Union and Banco di Napoli outside Bldg. 498. Community Bank and Navy Federal Credit Union, in air passenger terminal (Bldg. 415).

Gaeta: Community Bank, Fleet Landing Gym (Bldg. 751).

These “portable” banks are a great tool to get local bills paid, and often offer competitive exchange rates and low fees. They have international banking Apps that allow you to create a European account with an IBAN so it is possible to pay rent or bills in euros.

Wise

Wise accounts aren’t FDIC insured, so instead, Wise safeguards customers’ funds to make sure they’re always available whenever they’re needed.

N26

N26 is a 100 percent mobile, fully licensed bank, which provides the same level of security and regulations as traditional banks. Their European banking license protects your funds up to €100,000 by the German Deposit Protection Scheme.

·     Chip and PIN cards are the norm throughout Europe.

·     Smaller Italian businesses may not take credit cards.

·     Always carry euro when off-installation.

·     Some U.S. banks charge international transaction fees when using debit cards, so check with your bank.

BEWARE OF FEES ·     Non-bank ATMs (bancomat) may have transaction fees.

·     Check conversion rates before transferring large amounts between U.S. and euro accounts.

·     The DoD will not deposit paychecks into Italian banks.

·     The Navy-Marine Corps Relief Society (NMCRS) is an option for loans needed in crisis situations.

Your Navy Region Legal Service Office (RLSO) is available for a variety of legal assistance. They help with powers of attorney, notary services, wills and estate planning, medical directives, Servicemembers’ Civil Relief Act (SCRA), and other legal counseling.

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