Romania’s banking sector is modern and accessible. Banca Transilvania, the country’s largest bank, offers zero‑fee online accounts and services in English and other languages. International newcomers also favour digital banks such as Revolut, N26 and Wirex, which provide multi‑currency accounts, fee‑free international transfers and intuitive mobile apps.

ATMs are widely available in Sibiu, and most shops accept contactless payments. Major international banks like ING, UniCredit and Raiffeisen also operate local branches. When opening an account, you’ll need a passport and proof of address; some banks may request a Romanian fiscal number. It’s advisable to compare fees for transfers, card issuance and foreign currency exchange. Personally, I find that combining a local account for salary and bills with a digital wallet for foreign transactions offers flexibility and cost savings.

• Romania’s banking sector is modern and accessible.
• Banca Transilvania, the country’s largest bank, offers zero-fee online accounts and services in English and other languages.
• International newcomers also favour digital banks such as Revolut, N26 and Wirex, which provide multi-currency accounts, fee-free international transfers and intuitive mobile apps.
• ATMs are widely available in Sibiu, and most shops accept contactless payments.
• Major international banks like ING, UniCredit and Raiffeisen also operate local branches.
• When opening an account, you’ll need a passport and proof of address; some banks may request a Romanian fiscal number.
• It’s advisable to compare fees for transfers, card issuance and foreign currency exchange.
• Personally, I find that combining a local account for salary and bills with a digital wallet for foreign transactions offers flexibility and cost savings.