Banking In Poland Poland Inside, March 11, 2024April 3, 2024 So when it comes to banking in Poland. You will have a few options but these options of course will be limited with your nationality/passport you hold. The reason for that is entirely politics which we will not be talking about. But it’s safe to say that EU doesn’t like some countries. If you are a citizen of an EU (European Union) country;You can use your already existing bank account that’s from your country and you can pay with debit/credit card of your bank. But in Poland the currency is “Polish Zloty (zł)”, this means while you are paying your card it will automatically exchange your Euros to Polish Zloties which means there can be commisions or exchange rate differences. Example:You are paying 500 zloty with your card that holds Euros. Now let’s say the current rate is 1 EUR = 4.2 Zloty but the exchange rate might differ and it might take rate as 3,9 zloty so normally you would have to pay 119 EUR but with the exchange rate commision/difference you will have to pay 128 EUR. In order to use your money at it’s full potential and value there are a few options you have: Open a Revolut account. Revolut is a digital and modern way to transfer, receive money. Inside Revolut you can open several different currency accounts and you can exchange throughout it’s system and rates are almost same (≤%0,5 difference) with the current rate. Bank accounts for youth, students.If you are a student best and quickes option for you is opening a bank account from Santander. Go to any Santander office and say that you want to open a “Bank account for youth / young person.”. With this bank account, you will have no fees or commisions or any obligations per your request to open a bank account. The person who is responsible there will help you with details. They are quiet informing about everything (policies, requirements etc.)I will be informing you on how to open a bank account (which documents are required, etc.) in a different post. Stay tuned! Finance