Banco Posta: the postal current account

The postal current account is an account offered by the Italian Post Office, characterized by a fixed fee and the absence of opening and closing costs. There is no active interest rate for this type of account. By activating the postal account, also called Banco Posta, the Internet banking service is activated free of charge, with a series of free transactions that can be managed via the web.



THE BANCO POSTA POSTAL CURRENT ACCOUNT
The types of Banco Posta postal current accounts available to users are:

Banco Posta account
Banco Più Più account
Banco Posta

OPERATIONS THAT CAN BE PERFORMED WITH THE BANCO POSTA ACCOUNT
Essentially this current account gives us the opportunity to perform the same operations as a bank account. This is an offer which can only be accessed by Poste Italiane customers . Among the most common operations there are:



domiciliation of domestic utilities (Rid);
Cheque book;
free withdrawals from postamat counters;
postpay refills online;
mobile phone top-ups (Tim, Vodafone, Wind and Tre);
salary and pension credit;
charge of the taxes using the F23 and F24 model (counter operation);
checking account statement online;
MANAGEMENT COSTS
The Banco Posta account is subject, as well as all current accounts, to the payment of state stamps at the current rate that corresponds to € 34.20 per year. The other costs are the annual fee of 30.99 euros, the annual management cost of the Postamat of 10 euros and the cost of 3 euros for the checkbook.

As for the statement of account, the latter is free in paper form on a quarterly and half-yearly basis. If instead you want to receive each month, the operation will cost 1 euro.

DOCUMENTS FOR OPENING AN ACCOUNT
The documents necessary for opening the account are the identity card and the Tax Code. Just go to the post office counter with these documents and proceed to free opening.



HOW TO CLOSE A BANCO POSTA ACCOUNT
Just as it was easy to proceed with the opening of the account, the closing operation will be equally simple. In fact, it will be enough to go to the post office counter and request it. Alternatively, the request can also be sent by registered mail with return receipt.

BANCO PIÙ PIÙ ACCOUNT
The Banco Posta Più account exists, which follows the same line as Banco Posta in offering the account opening and closing service completely free of charge. It differs from the Banco Posta account with regard to the amount of management costs. If you already have a Banco Posta account, you can easily switch to Banco Posta Più.

MANAGEMENT COSTS
The Banco Posta Più account has an annual management cost of 48 euros. It can be added to the service for a fee, such as the issue of the checkbook, which has an additional cost of 3 euros per year or a credit card at a cost of 24 euros per year. All other services, such as postamat, utilities and account statements are free.

INTERESTS
This account guarantees a gross interest of 0.25%

REQUIREMENTS FOR THE REDUCTION OF THE ANNUAL COST
From 1 January 2013 it is possible to take advantage of the zeroing of the annual operating cost, provided that the following conditions are met during the calendar year:

Salary credit: you are asked to receive at least one monthly credit or bank transfer of the minimum amount of 700 euros per month;
It is also foreseen the presence of at least two of the following situations:

Utilities home: charge of at least 1 user during the reference month;
Activation of Bancoposta Più card, classic BancoPosta card or BancoPosta Oro credit card;
Accreditation of a second salary or pension;
Telepass;
Poste Italiane Bonds;
BancoPosta mortgage;
Poste Vita Branch I insurance products and Poste Vita supplementary insurance plan;
BancoPOsta Funds Capital accumulation plan;
HOW TO ACTIVATE THE BANCO PIÙ PIÙ CARD