How to Open the Best Business Bank Account in France
Written by Tatyana Khashoggi
Starting a business in France? Whether you’re a resident, student, or foreign entrepreneur — this guide will walk you through the easiest and cheapest ways to open a business bank account.
1. For French Nationals and Permanent Residents
Documents Required
Personal ID (passport or French national ID)
Proof of address (utility bill, bank statement, or lease)
K-bis (business registration certificate)
Articles of incorporation or partnership agreement
Pro Tip: Got documents in another language? Make sure they’re translated into French to avoid delays.
Source: https://preply.com/en/blog/opening-a-bank-account-in-france/
Recommended Banks for Residents:
Boursorama Pro: Ideal for freelancers and small businesses with no monthly fees.
Qonto: Starts at €9/month, offering invoicing tools and accounting software integration.
Source: https://wise.com/us/blog/opening-a-bank-account-in-france
Cost and Process:
Boursorama Pro: Free to open with no maintenance fees.
Qonto: Plans start at €9, with more features available depending on your needs.
Both accounts can be opened online, but if you prefer traditional banks:
BNP Paribas or Crédit Agricole require in-branch appointments with a business advisor. Traditional banks may charge monthly fees and take a few weeks to approve your account.
Source: https://www.exiap.com/guides/how-to-open-a-bank-account-in-france
2. For Students in France
Documents Required
Personal ID (passport or French national ID)
Proof of enrolment in a French university
Proof of address (dorm contract or rental agreement)
Best Options for Students:
Qonto Starter Plan: Great for student-run businesses and freelancers, with invoicing tools and expense tracking.
Wise: Ideal for international students managing multiple currencies, with fee-free currency exchange and minimal transaction fees.
Cost and Process:
Qonto: Simple online registration for just €9/month.
Wise: Free to open, with fees only when you make transactions.
Source: https://qonto.com/en/open-an-account
3. For Foreigners Not Residing in France
Documents Required
Passport or national ID
Proof of business activity in France (K-bis or company registration)
Proof of address (if applicable)
Best Options for Non-Residents:
Qonto: Allows remote account opening, with 24/7 customer support in multiple languages.
Wise: A reliable option for managing international transactions, with fee-free currency conversion.
Source: https://www.deel.com/blog/opening-bank-account-in-france/
Traditional Alternatives:
BNP Paribas and La Banque Postale: These banks are available to non-residents but require in-branch visits and additional paperwork. Having a local contact can help speed up the process.
Source: https://www.westernunion.com/blog/en/ouvrir-compte-bancaire-france-etranger/
Tips to make the process smoother
1. Prepare your documents: Keep digital and physical copies ready — this avoids delays and helps you stay organized.
2. Apply online: Fintech banks like Qonto and Wise offer fast setup and save you from long, in-person visits.
3. Have a local contact: A French partner or accountant can guide you through traditional bank applications more easily.
Choose What Works for You
If you’re looking for a fast, budget-friendly option, Qonto and Wise are your best bets, with online registration and low fees. If you need in-person services or access to loans, BNP Paribas or Crédit Agricole are also good choices — just expect longer wait times and more paperwork.
With the right preparation, you’ll have your business account up and running in no time. Now, you can focus on growing your business — and maybe enjoy a croissant or two along the way. Bonne chance!
This story was written by a graduate student at NYU. Read stories about other 50 countries here