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Banking - Erasmus year in Perugia
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etcomehome
Posts: 7 Forumite

Hi, My son is taking an Erasmus Year in Perugia, Italy and we are trying to find the best option for him to access money whilst living there. A company called Eduservices offer an "Italina Bank Account
There is altogether a one off charge of €30 for activation and a €1 monthly fee. Thereafter there are no charges for using the cash machines to withdraw money. You also have to sign a form giving Eduservice authorisation to represent you with the bank.
Does anyone know of any potential pitfalls with this? It otherwise seems a reasonable way to arrange short term banking for a student studying abroad.
I would appreciate any comments or views on this.
There is altogether a one off charge of €30 for activation and a €1 monthly fee. Thereafter there are no charges for using the cash machines to withdraw money. You also have to sign a form giving Eduservice authorisation to represent you with the bank.
Does anyone know of any potential pitfalls with this? It otherwise seems a reasonable way to arrange short term banking for a student studying abroad.
I would appreciate any comments or views on this.
0
Comments
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I don't know about Eduservices but when my son was studying in Spain he was able to use a normal Santandar account without problems. My daughter has recently returned from working near Monza and she used her normal bank account and cash card.0
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The simple and affordable solution is to open an account with Metrobank or (depending on where you live) Cumberland Building Society, or simply get a Halifax clarity credit card.0
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A Monzo card maybe or even a Revolut card, get a couple set up so he has a spare in case 1 doesn't work.0
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Thanks. My son does have a Santander Account but we wanted to avoid charges for currency exchanges as he will be there for 9 months and withdrawing cash on a regular basis.0
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