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Opening a local bank account before you have an address — chicken and egg

Diego Fernandez 🏆 Community expert
25 Jun 2026, 20:36

Classic catch-22: you need a bank account to rent, and an address to open a bank account. How did you actually break the loop when you arrived? Did a digital bank tide you over?

6 replies

Emma Thompson ⭐ Helpful member
26 Jun 2026, 18:47

A digital bank tided me over exactly as you’d guess, then I switched once the lease actually came through.

Tomasz Nowak ⭐ Helpful member
27 Jun 2026, 09:51

Same loop, currently stuck in it myself.

Priya Sharma ⭐ Helpful member
2 Jul 2026, 12:28

My employer’s relocation support actually broke the loop for me — they provided a temporary address specifically for account-opening purposes.

Mei Chen ⭐ Helpful member
3 Jul 2026, 01:16

Does a hotel or short-term rental address ever work for the bank, or does it need to be a proper lease?

Ana Lima ⭐ Helpful member
8 Aug 2026, 14:42

Mei, in Portugal the bank accepted my temporary rental contract and my tax number, even though it was a short-term place. The tax number mattered more than the address. Get that first and a lot of doors open.

Mei Chen ⭐ Helpful member
10 Aug 2026, 08:12

Answering my own question for anyone later: the bank accepted my student residence contract for the appointment. Opening it in my first week, fingers crossed.