Opening a bank account in France

Obtaining a bank account in France can prove immensely useful, especially when it comes to managing bill payments (such as electricity, telephone, and rent) and subscriptions (like transportation and Internet services).

Additionally, having a bank account allows you to conveniently deposit your wages and facilitates the reimbursement process for healthcare expenses. Moreover, a French payment card enables you to make payments for various purchases, reducing the need to carry substantial amounts of cash at all times.

Typically, it is necessary to establish residency in France before initiating the process of opening a bank account in the country. The usual set of documents required for this purpose consists of:

  • A valid passport,
  • A proof of residence issued within the last three months (such as a rental agreement, utility bills for water, electricity, or internet)
  • Evidence of university enrolment
Plenty of resources are available on the internet regarding French high street and internet banks. Do not hesitate to compare what is on offer to choose what matches your needs best.

Taking out insurances

If you are a foreign student coming to study in France, it's important to understand the insurances you may need to ensure your well-being and protect yourself financially. Here are some key insurance types you should consider:

  • Civil Liability Insurance: It is advisable to have civil liability insurance, also known as third-party liability insurance. This insurance protects you if you accidentally cause harm to others or damage someone else's property. The  University will require proof of this insurance before you can enrol or rent accommodation
  • Home Insurance: If you're renting an apartment or a room, it's important to have home insurance to cover your personal belongings against theft, fire, and other risks. Some landlords may require you to provide proof of home insurance before signing a lease
  • Health Insurance: please check the health section of our website.
Do not hesitate to research and compare insurance options to find the most suitable coverage for your needs. Many insurance providers offer specific plans for international students, so be sure to check those out. Additionally, contact the MSc international office for guidance and recommendations regarding insurance requirements for foreign students.