You may have already had to send money to the university as a part of the program and visa application, but it’s important to know if you’ll need a domestic bank account.

💡 Your home country’s bank account may not be valid in your study destination, or the additional fees make it unaffordable to keep using your current account internationally. In these cases, you may need a new bank account.

Most countries have options for international student bank accounts, but it’s important to do your own research on the requirements and features.

Other countries, like Germany, require you to have a specific bank account with a certain amount of money already stored inside.

Banks that offer decent options for international students

Europe

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North America

Australia and New Zealand