Managing your money
You may wish to ask your bank at home if it maintains ties with a French banking network, which may make it easier for you to open an account (perhaps even before you arrive in France) and transfer funds.
You will probably be asked to provide a bank identity statement, or RIB (Relevé d’Identité Bancaire), which you can obtain from your bank, to enable deposits to or withdrawals from your account—for example, direct deposit of your wages or automatic, scheduled payments of your bills.
The major bank cards (Visa and Mastercard) are accepted by most French businesses for transactions in excess of €15. Cash transactions must be made in euros.
Checks are used less and less in France. Few businesses will accept checks drawn on foreign banks.
Indicative monthly budget (excluding fees for schooling and outside of Paris)
|Restaurant meals||230 euros|
|Schools supplies||50 euros|
|Cultural events||45 euros|
|General maintenance||35 euros|