Personal accounts: Romania
An honest assessment before work starts, the quote is fixed in writing.
A personal account in Romania is an account with an EU bank: euro payments across Europe, lei for domestic payments and a card for everyday spending. EU citizens need only an ID document and an address. Citizens of other countries can open an account with a passport, but the bank will ask why they need it in Romania specifically: work, study, residence, property or business. The clearer the link to the country, the better the chances.
Documents the bank asks for
- Passport, plus a residence permit or visa if you have one.
- Personal numeric code (CNP) from a Romanian residence permit, or a tax identification number for foreigners (NIF) issued by the tax authority (ANAF).
- Proof of address in Romania or abroad.
- Employment and income details, proof of the source of funds.
- Purpose of the account and expected turnover.
Non-residents usually have to visit a branch. Banks mostly offer video identification to residents and EU citizens.
We will calculate online the cost of opening a personal account and maintaining it for a year.
Taxes on account income in 2026
| Income | Rate |
|---|---|
| Interest: residents of Romania, the EU and treaty countries | 10%, withheld by the bank |
| Interest: other non-residents | 16% |
| Health contribution (CASS) on interest and other investment income | 10%, if such income exceeds 6 minimum wages a year: RON 24,300, ~$5,110 |
| Dividends from Romanian companies | 16% from 1 January 2026 |
You become a Romanian tax resident if you have a permanent home there, spend more than 183 days in any 12 months, or have your centre of vital interests in Romania. Residents pay 10% income tax on worldwide income.
Deposit protection
Individual deposits are insured up to EUR 100,000, about $112,100, per depositor per bank. This is the uniform EU level.
Account information exchange
Romania takes part in the automatic exchange of financial account information (CRS) and reports non-residents' accounts to their country of tax residence. Income on a Romanian account should therefore also be reported at home where required.
Currency and payments
Romania is not in the euro area; the national currency is the leu. Banks open accounts in lei and euros, and euro payments across Europe go through SEPA as fast as domestic ones. At the European Central Bank rate of 05.10.2026 one dollar is about RON 4.76.
Why banks refuse
- No clear link to Romania or purpose for the account.
- The origin of funds is not documented.
- Citizenship or payments linked to countries under EU sanctions.
What we do
We help obtain a tax number for foreigners, choose a bank that fits your status, prepare the documents and source of funds explanation, and support the branch visit. The decision is always the bank's. We quote the fee after a short consultation and fix it in writing. Dollar amounts at the European Central Bank rate of 05.10.2026, rounded up.
What we do
- Personal account - opening assistance
See also
Company formation · Business account · Investment property · All country programs
FAQ
Can a non-resident open a bank account in Romania?
Do I need a residence permit for a Romanian account?
Can I open a Romanian account online?
Does Romania report accounts under CRS?
What is the tax on deposit interest in Romania?
How much is insured at a Romanian bank?
Do I need a Romanian tax number for an account?
Want to open a personal account in Romania?
We choose a Romanian bank that works with non-residents, prepare proof of income and explain when you will need a local tax number. Every country is in the searchable catalogue.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
Free consultation