How to request the average annual balance?

You can download your average annual balance* directly from the N26 app without needing to contact Customer Support. Follow the next steps in order to download it:

1. Login to the app and tap on your initials on the top right-hand corner
2. Select Account details > Statements > Average annual balance 
3. Tap on the document. This will automatically launch the download.

Note: To download your average annual balance, ensure your N26 app (iOS and Android) is updated to its latest version.

If you require the average annual balance but can no longer access your N26 account, please reach out to our Customer Service via chat.

The average annual balance serves several purposes:

• Completing the ISEE form
• Declaring your N26 bank account with a German IBAN to Italian tax authorities when the balance exceeds €5,000
• Demonstrating your creditworthiness
• Accessing Italian government programs or special benefits based on your financial situation

To obtain the ISEE form, you'll need to fill out the DSU form, which is crucial for accessing certain Italian government tax breaks.

The average annual balance, which you can self-certify without needing paper documentation, should be entered in the FC.2 section of the ISEE form under “bank and postal accounts and deposits.” Here, you'll input the type of financial asset and the bank account balance.

These bank documents are official and valid without a signature. Note that the document is only available in Italian, and you'll find the average annual balance certificate for all active years in the same section.

The average annual balance is calculated by dividing the total of the daily balances of your current account by 365, irrespective of the actual number of days in the year (including leap years) or the number of days the account was active or held a positive balance. As specified by the Italian Tax Authority and the Ministry of Labor and Social Policies (new tab) in their 2020 Single Tax Declaration instructions. (new tab)

• If you have an account with a German IBAN and an average balance is over € 5,000, you will still need to declare it to the tax authority. You will have to fill in the Rw part of the tax return and pay VAT, a fixed amount tax of € 34.20. Click here (new tab) for more information on this.
• Please note that we cannot provide you with a PDF of your average annual balance, as banks aren't legally required to issue this certification. We'll send the balance via private message for easy access, and your bank statement should be enough for official purposes.

*The average annual balance for 2024, will be available in your app starting from January 10th, 2025.