Banks

BCR, Banca Transilvania, BRD, ING, CEC Bank—modern online banking.

Opening an account

  • Passport/ID
  • CNP
  • Proof of address
  • Residence permit if needed
Tip

Revolut and Wise are popular for international transfers.

Payments

Contactless cards, Apple/Google Pay, Revolut widely accepted in cities.

Saving

Savings accounts, term deposits, funds, and the Bucharest Stock Exchange.

Sample monthly budget

  • Rent: €200–500
  • Food: €150–250
  • Transport: €30–50
  • Phone/internet: €20–40
  • Utilities: €80–150

Payroll deductions

Income tax 16%, social contributions ~25%, health 10.5% (simplified overview).

Go deeper

Operational detail and official links—amounts and deadlines change; always confirm on the competent portal before filing or paying.

Banking basics

RON accounts

Romanian IBAN format; compare account packages and ATM fees.

SEPA

Euro transfers depend on bank product; mind FX for RON/EUR.

Taxes & filings (headline)

  • Payroll withholding via employer
  • Self-employment: Unique Declaration where applicable
  • Capital gains / crypto: follow ANAF guidance for the relevant year

Motor third-party liability & consumer rights

MTPL insurance

Mandatory; buy from ASF-supervised insurers.

ANPC

Consumer complaints for unfair commercial clauses.

Digital services

ANAF SPV

Secure inbox for tax documents.

gov.ro

Central government portal and official apps.

Post-arrival checklist

EU/EEA

  1. Address registration
  2. Bank + phone
  3. CNAS registration if you leave EHIC coverage

Non-EU

  1. Valid permit + copies
  2. Tax identifiers when issued
  3. SPV if you have local tax duties
Note

This block complements the guide with institutional entry points—not legal or tax advice.