- The Requirements For Non-Eu Nationals To Open A Finnish Bank Account
- Types Of Banking Institutions Available

It is extremely important that all your banking needs are cared for before you move to another nation. You must have access to your finances as soon as you arrive in the nation. With no knowledge of how the banking system works in Finland, you might find yourself stressed and confused. Fortunately, the banking in Finland is relatively close to that in the U.S. and there are professionals that can help you set up your account with a Finnish banking institution. These agents will already have the knowledge and education necessary to assist you with ease.
When you begin looking into your different banking options, make sure you have a written list of what you need in a bank. For example, English speaking reps, online banking services, global ATMs, and direct deposit services may all be necessary for your banking needs. Learn of the various bank institutions in Finland and study their services, service fees, and all other criteria before you open an account with someone.
The Requirements for Non-EU Nationals to Open a Finnish Bank Account
Finnish banking institutions once frowned upon foreign identification cards and would make it difficult for non-natives to access their accounts through them once they had opened one through the institution. As of 2014, laws were passed that made it so banks must accept any international form of identification, making it easier for anyone with an account to access it without trouble.
As a foreigner moving to Finland, opening an account through a Finnish bank, you’ll need financial statements from your current bank in the U.S., proof of employment in Finland (if applicable), proof of residence permit, among other forms of proof and documentation. You will also be asked to prove to the banks that you exist by showing up to the institution in person once you arrive in the nation. Here is what you should bring:
- Passport, valid visa or residence permit, depending on level of citizenship
- Proof that you’re a student or employee (if applicable)
- Proof of registration in the nation
- Proof of income as show in the past three pay stubs as well as financial statements

Types of Banking Institutions Available
There are more than 280 credit institutions in Finland. These included domestic deposit banks, investment banks, and branches and subsidiaries of foreign deposit banks, and credit institutions. By the end of 2016, the banks had a total of 1,063 branches in Finland. Mergers have shaped the modern Finnish banking sector. Banks and insurance companies have begun new systems for further cooperation, and the operations of banks have extended to many sectors of financing and investment. Finding an English speaking institution shouldn’t be hard seeing as most banking institutions in the country provide many accommodations for English speaking people that hold an account through them,