Managing a bank account in Croatia

Opening an account with a Croatian bank is relatively easy. All you need is proof of ID and a sum of money to deposit. Some banks may require proof of residency before issuing an ATM card.

For most banks, opening a bank account is extremely simple. They usually offer a choice between current accounts, giro accounts and savings accounts.

Accounts can be opened in either Kuna or a foreign currency. This is because although there are no restrictions on the amount of foreign currency that can be brought in and out of the country, restrictions do apply on movements of Croatian currency.

Normally, opening an account only requires ID and a small deposit, although sometimes the banks might ask you for proof of residency in Croatia (particularly for giro or savings accounts in Kuna).

Some banks automatically give a debit card and an overdraft allowance of up to 30,000 Kuna. Others prefer that you apply for an overdraft once your account is set up.

Charges for accounts vary from bank to bank and account to account. For example, student accounts are generally free.

Transferring money

Some of the safest ways of transferring money to and from Croatia include Western Union, Eurogiro and direct account-to-account transfers using IBAN or SWIFT.

Websites such as PayPal, Moneybookers and Iboko also provide this service.

The government does not set restrictions on money transfers, although some banks do. Check with your bank to see if there is a maximum you can send or receive. Usually, service fees are levied on international transactions (especially if there is a currency exchange). © 2003-2021 Just Landed