How French banks work

Frenchlife_square0608_5_30GETTING your finances into shape after moving to France can be a difficult task as the banking system may be different to the one you are used to.

You may have questions about opening a bank account, setting up insurance for your home or maybe you are looking for somewhere to put your savings.

There is a useful site run by the French banking federation at Les Clés de la Banque, which is an independent advice centre on how the banks work.

This independence is clear to see as there are no advertisements for the big banks and pages which are easy to navigate with easy to understand advice, even though it is all in French.

The site offers information on opening a bank account and the minimum service your bank should offer, as well as details on different savings accounts available.

A couple of useful features I spotted included the list of key phrases and terms used in the banking sector, as well as a number of templates for letters you might have to send.

The Les Clés de la Banque is a useful resource that will help you with a wide range of banking questions and the fact that it is written in ‘plain French’ is a real help.

Related article:
Opening a bank account