Clare Speak - clare.speak@thelocal.com

Updated: Thu 20 Aug 2026 10:48 CET

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An EU directive may bring in banking changes for foreigners. Photo by Nikolay DOYCHINOV / AFP

If you live in Italy and hold an account with a UK, US or other non-EU bank, you may have recently had a message telling you about a new EU directive. Here’s what it means for foreigners in Italy.