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Best bank

Posted: Tue Nov 19, 2019 11:23am
12 replies409 views5 members subscribed
Macey21

Posts: 22

2 helpful points

Location: Benijofar

Joined: 1 Apr 2018

I need to change my back account currently with Deutsche bank which banks would you recommend here in spain.

John56

Posted: Tue Nov 19, 2019 11:45am

John56

Legendary helpful member

Posts: 2995

5635 helpful points

Location: La Zenia

Joined: 7 Jul 2016

Posted: Tue Nov 19, 2019 11:45am

Without doubt Sabadell, been with them for over four years, great service in branch or online, English speaking staff in every branch, English language website, low fees for non residents and no fees for residents making regular deposits each month.

killjoy

Posted: Tue Nov 19, 2019 6:06pm

killjoy

Super helpful member

Posts: 3230

1852 helpful points

Location: Orihuela Costa

Joined: 4 Nov 2017

Posted: Tue Nov 19, 2019 6:06pm

Every bank is required by Law to offer an account with basic services for free (no fees). Don't rely on a bank's name, all depends on the person(s).

Andrea Murphy

Posted: Wed Nov 20, 2019 11:49am

Andrea Murphy

Helpful member

Posts: 525

350 helpful points

Location: Almoradí

Joined: 22 Feb 2018

Posted: Wed Nov 20, 2019 11:49am

Have tried Solbank, Bankinter but have been with LaCaixa for years now and very happy, I belong to the one in Quesada near the roundabout.   Good luck,

Janetg2019

Posted: Thu Nov 21, 2019 9:34am

Posts: 4

4 helpful points

Location: Benijofar

Joined: 3 Nov 2019

Posted: Thu Nov 21, 2019 9:34am

Re sabadell we was with them for a couple of years and charges of around 150 euros a year for non residents I don’t feel this is low fee 

Hence we are also looking for low or no fee account for non reai

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paulsav

Posted: Fri Nov 22, 2019 9:33am

paulsav

Super helpful member

Posts: 1376

1011 helpful points

Location: Villena

Joined: 4 Dec 2015

Posted: Fri Nov 22, 2019 9:33am

Janet, I was in same boat, non resident, Sabadell high fee (I agree 150-200€ yr not low amount. After investigating every Spanish bank looking for no limitations, no conditions(as non resident dont consider depositing 700€month into our account when not needed for months as reasonable). I eventually opened an account with Cajamar  bank( do hope you have a branch near you ). If handled online its free, no conditions, no limitations, atm free, direct debits free, debit cards free and their website and app all in english. The app wasnt in english when we opened it but now its available. They didnt have any english speakers in my branch but with google translate, very limited spanish we managed it. If you do a transaction in branch there's a 7€ charge that month but not every month. I havent been charged a cent since April.

Google their site, account called "wefferrent" online account but set up in branch and take your usual ID documents and direct debit info and they do it all for you. 

Good luck and regards

Pauline.

Janetg2019

Posted: Fri Nov 22, 2019 9:37am

Posts: 4

4 helpful points

Location: Benijofar

Joined: 3 Nov 2019

Posted: Fri Nov 22, 2019 9:37am

Thanks Pauline so if we deposit 700 euros a month is it then free as we could actually do this xx

paulsav

Posted: Fri Nov 22, 2019 11:14am

paulsav

Super helpful member

Posts: 1376

1011 helpful points

Location: Villena

Joined: 4 Dec 2015

Posted: Fri Nov 22, 2019 11:14am

Janet you dont have to make any deposits to get it free. They only charge if you do a face to face transaction inside branch. I recently arrived in Spain in September without my purse!!. OMG, no cards at all incl both hubby and my cajamar debit cards ,@no credit cards to last 3months. Usual last minute rush! Anyway I fortunately had euros in my bag to tide us over so went into bank to order a duplicate debit card for self. Charge was 3€, took 2 wks but no other fee. I want to send money over via transferwise when rate is good and when it suits me not be dictated to by sending regular. Honestly cant recommend enough. Bit daunting with no english at first but theres a dedicated english phone no which as i couldnt get our nie,s to accept via online setup, person told me to go into branch to setup instead. All our paperwork is in english and spanish so easy to understand. Good luck, have you got a branch near you? They tend to be for more rural places.

Pauline.

TriciaC

Posted: Sat Nov 23, 2019 1:30pm

Posts: 74

12 helpful points

Location: La Siesta

Joined: 23 Mar 2018

Posted: Sat Nov 23, 2019 1:30pm

Hi John56, How much are they paying you. We've been with Sabadell since 2017 as none resident I wouldn't say 35euros quarterly is a cheap bank account. Then into the bargain and all of a sudden because I got a new passport I'm blocked from my online banking. When we were in Torre in Sept visited the bank thought it was resolved then returning to Scotland blocked again. If I could change to another provider tomorrow I would but hear it can take two weeks to set up direct debits ect, as for English speakers not when I've phon Ed on numerous occasions. Exasperated 

John56

Posted: Sat Nov 23, 2019 1:39pm

John56

Legendary helpful member

Posts: 2995

5635 helpful points

Location: La Zenia

Joined: 7 Jul 2016

Posted: Sat Nov 23, 2019 1:39pm

TriciaC wrote on Sat Nov 23, 2019 1:30pm:

Hi John56, How much are they paying you. We've been with Sabadell since 2017 as none resident I wouldn't say 35euros quarterly is a cheap bank account. Then into the bargain and all of a sudden because I got a new passport I'm blocked from my online banking. When we were in Torre in Sept visited ...

...the bank thought it was resolved then returning to Scotland blocked again. If I could change to another provider tomorrow I would but hear it can take two weeks to set up direct debits ect, as for English speakers not when I've phon Ed on numerous occasions. Exasperated 

Sorry to hear your experience is so different from mine, I have even been helped with a member of their staff in the Cabo Roig branch who is originally from Scotland ( maybe harder to understand than a Spanish staff member lol ). Never had any problems with getting to sort matters out quickly when needed.

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