How to request the average annual balance

Starting from mid-January, you will find your average annual balance for the year 2023 in Pdf format in the Statement section of your app, without having to contact our Customer Support.

To download it, login to your N26 mobile app, from the Home screen tap on the 3 dots at the top right and select Statement > Average annual balance. Here, just tap on the required document and this will automatically download to your smartphone. If you cannot see the Average annual balance button, you may need to update the app from your store.

These bank documents are official and perfectly valid even without a signature.

We remind you that the document is only available in Italian and that, in the same section, you will find the average annual balance certificate for all the years in which you have had an active account with N26.

Please note: in order to be able to download your Average annual balance, you'll have to update your N26 app (iOS and Android) to 3.95 or later version.

If you need the average balance but no longer have access to your N26 account, please contact our Customer Service via chat.

The average annual balance is used to fill out the ISEE form, report your N26 bank account with a German IBAN to the Italian tax authorities when this balance is greater than 5.000€, prove your creditworthiness, and access programs or receive special benefits from the Italian government based on your financial situation.

You can request the ISEE form by filling out the DSU form, which is essential for accessing some of the tax breaks offered by the Italian government.

The value of the average annual balance, which is self-certified by the bank account holder without the need for paper documentation, must be entered in the FC.2 section of the ISEE form, under “bank and postal accounts and deposits”. You should enter the type of financial asset held and the bank account balance into this field.

The average annual balance is the amount obtained by dividing the sum of the daily balances of the current account by 365, regardless of the effective duration of the calendar year (leap years), and of the number of days in which the account has been active or had a positive balance, as defined by the Italian Tax Authority (new tab) and in the instructions (new tab) for completing the Single Tax Declaration 2020 of the Ministry of Labor and Social Policies.

If I have an account with a German IBAN and my average balance is over € 5,000, do I have to declare it to the tax authority?

Yes, 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.

I would like to receive a PDF document with the value of my average annual balance. Is it possible?

We remind you that there are no legal provisions that require banks to provide this type of certification. We have decided to send the average annual balance as a private message, in order to make this data easily accessible and downloadable by all customers. However, your bank statement is sufficient as official proof in the event of an explicit request by the authorities, therefore we are unable to provide any document signed by the bank in PDF or similar format.