GRADUATION 2009

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Bank

International students can only open a special account for foreigners called a "Compte Courant". Each bank has a different policy, but usually a minimum sum (from € 100 to € 10,000) is required to open a bank account.

In general, the bank will issue you a credit card called "Carte Bleue Internationale Visa" which allows you to:
  Take money from ATMs in both France (without commission) and abroad;
  Pay your purchases in both France (without commission) and abroad;
  Access to your bank account on the internet.

To open an account, you must provide:
  An original proof of residency in your home country (for Monegasque banks);
  Housing certificate (IUM) or copy of rental agreement;
  Letter of introduction (IUM);
  Your passport.

Important to know

In January 2002, the Euro was introduced as the official currency (both coins and banknotes) across the Eurozone States of the European Union.

In France, checks, visa cards, and cash are used.

ATM: cash dispensers. If you need cash you will find a lot of "distributeurs automatiques" in Monaco and in France.