Opening a Bank Account
With a handful of state-owned banks and more than 20 private banks, there are plenty of options for opening an account in Costa Rica. All banks offer services to foreigners, whether residents, students or workers; tourists may open accounts at select institutions. Most offer accounts in colones or dollars, and some private banks have accounts in Euros.
FAQs
Can I open a bank account?
Yes, you may choose from several state-owned and more than 20 private banks. All offer services to foreigners – residents, students and employees – although tourists will find it harder to open an account. You will need a valid passport, a current utility bill, initial deposit and references.
How do I open a bank account?
There are several public and more than 20 private banks in Costa Rica, all with services open to foreigners, whether here as full-time residents, students or employees. Be prepared with original identification, a utility bill and minimum deposit. Some banks also require references.
Last updated: Oct 26, 2023
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