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Countries with no fee to open savings and current accounts

Binary indicator: 1 indicates yes; 0 indicates no. 292_Is there no cost for customers to open a savings/current account as per regulation in this country?_#VGTA_06, reported by Global Financial Inclusion and Consumer Protection Survey in the World Bank Open Data catalog.

📅 2017📏 yes/no (1=yes)119 entries

Americas · 22

Asia · 34

Africa · 26

Europe · 32

Oceania · 5

0 yes/no (1=yes)0.2 yes/no (1=yes)0.4 yes/no (1=yes)0.6 yes/no (1=yes)0.8 yes/no (1=yes)1 yes/no (1=yes)

Every dot is one country, placed by its value (yes/no (1=yes)); the vertical bar marks each row’s median. Rows are world regions, ordered by their median. Hover a dot for its name.

🇦🇷Argentina

Yes

🇮🇱Israel

Yes

🇸🇨Seychelles

Yes

🇦🇫Afghanistan

🇦🇱Albania

🇦🇴Angola

🇦🇲Armenia

🇦🇺Australia

🇦🇹Austria

🇦🇿Azerbaijan

🇧🇸Bahamas

🇧🇭Bahrain

🇧🇩Bangladesh

🇧🇪Belgium

🇧🇹Bhutan

🇧🇴Bolivia

🇧🇦Bosnia and Herzegovina

🇧🇼Botswana

🇧🇷Brazil

🇧🇬Bulgaria

🇧🇮Burundi

🇰🇭Cambodia

🇨🇦Canada

🇰🇾Cayman Islands

🇨🇱Chile

🇨🇳China

🇨🇴Colombia

🇨🇷Costa Rica

🇭🇷Croatia

🇩🇰Denmark

🇩🇯Djibouti

🇩🇴Dominican Republic

🇪🇨Ecuador

🇪🇬Egypt

🇸🇻El Salvador

🇪🇪Estonia

🇸🇿Eswatini

🇫🇯Fiji

🇫🇮Finland

🇫🇷France

🇬🇲Gambia

🇬🇪Georgia

🇩🇪Germany

🇬🇷Greece

🇬🇹Guatemala

🇬🇾Guyana

🇭🇹Haiti

🇭🇳Honduras

🇭🇰Hong Kong

🇭🇺Hungary

Highlights

As of 2017, Argentina ranks first with Yes, followed by Israel (Yes) and Seychelles (Yes).

The top two are virtually level: Argentina and Israel differ by less than 1%.

Across 119 countries and territories, values run from Yes (Argentina) to No (Zimbabwe), with a median of No.

By region, the top 10 is made up of 4 from Asia, 2 from Africa, 2 from Europe, 1 from the Americas and 1 from Oceania.

Source: World Bank Open Data, 2017. Unit: yes/no (1=yes).

Source: World Bank Open Data · CC BY 4.0 · fetched Oct 17, 2026

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