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Spanish Bank Accounts

Posted: Fri May 27, 2022 1:08pm
48 replies2025 views17 members subscribed
Douglas57

Douglas57

Helpful member

Posts: 83

71 helpful points

Location: Catral

Joined: 14 May 2021

I have finally given up trying to use Wise Bank to be constantly rejected by Spanish Companies, I have tried to open 3 number banks accounts in Spain and have failed dismally,  The bank staff are very unhelpful and they reject your application for unexplained reasons.  I wonder have other forum members suffered the same problems?  if yes how did you resolve it.

I am struggling to survive the life in Spain with this constant rejection of WISE Bank and European Iban Number.  The Spanish insist it must be Spanish Bank nothing else is acceptable.

PedroB

Posted: Fri May 27, 2022 2:11pm

PedroB

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Posts: 452

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Location: Salinas

Joined: 27 Mar 2021

Posted: Fri May 27, 2022 2:11pm

Which Spanish companies are rejecting you?

Philip999

Posted: Fri May 27, 2022 3:04pm

Posts: 33

8 helpful points

Location: Elche

Joined: 30 Sep 2019

Posted: Fri May 27, 2022 3:04pm

I’m sorry to hear that you are having a problem with Wise bank as I have been recommended to open an account with them to pay my direct debits, in Spain, via Wise Bank. Would this be Wise😆.  Help please I am trying to get away from Deutsch Bank!!!!!!! Any advice about any online bank would be welcome I live in England, I own a property in Spain but I am not a Spanish resident. Regards

PedroB

Posted: Fri May 27, 2022 3:12pm

PedroB

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Posts: 452

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Location: Salinas

Joined: 27 Mar 2021

Posted: Fri May 27, 2022 3:12pm

Philip999 wrote on Fri May 27, 2022 3:04pm:

I’m sorry to hear that you are having a problem with Wise bank as I have been recommended to open an account with them to pay my direct debits, in Spain, via Wise Bank. Would this be Wise😆.  Help please I am trying to get away from Deutsch Bank!!!!!!! Any advice about any online bank wo...

...uld be welcome I live in England, I own a property in Spain but I am not a Spanish resident. Regards

Hi Philip, I also own a holiday home and pay all my bills home and car insand Suma with wise. I have never had a Spanish bank account. That’s why I was asking Douglas what companies he was struggling with. 

Douglas57

Posted: Fri May 27, 2022 3:56pm

Douglas57

Original Poster

Helpful member

Posts: 83

71 helpful points

Location: Catral

Joined: 14 May 2021

Posted: Fri May 27, 2022 3:56pm

PedroB wrote on Fri May 27, 2022 2:11pm:

Which Spanish companies are rejecting you?

I am not having probkems with wise bank!  It us a good bank for expats.  It is the Authorities in spain, Iberdrola, Hiaqua, spanish government for personal tax.  

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Philip999

Posted: Fri May 27, 2022 4:11pm

Posts: 33

8 helpful points

Location: Elche

Joined: 30 Sep 2019

Posted: Fri May 27, 2022 4:11pm

Douglas57 wrote on Fri May 27, 2022 3:56pm:

I am not having probkems with wise bank!  It us a good bank for expats.  It is the Authorities in spain, Iberdrola, Hiaqua, spanish government for personal tax.  

Thankyou Douglas and Pedro for recommending Wise - I think I will sign up with them - can I apply Online and what paperwork will I need? Kind regards - as you can probably tell I’m a bit old school so please make it as simple as possible! Computers weren’t invented when I went to school!🤔 Thanks for your help🧑🏽‍🎓

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Posted: Fri May 27, 2022 4:17pm

Posts: 38

14 helpful points

Location: Catral

Joined: 16 Nov 2019

Posted: Fri May 27, 2022 4:17pm

Philip999 wrote on Fri May 27, 2022 4:11pm:

Thankyou Douglas and Pedro for recommending Wise - I think I will sign up with them - can I apply Online and what paperwork will I need? Kind regards - as you can probably tell I’m a bit old school so please make it as simple as possible! Computers weren’t invented when I went to school!🤔 ...

...Thanks for your help🧑🏽‍🎓

Most people who I have advised to use Wise have had no trouble at all including me with using Wise for direct debits to spanish companies other than the water company Hiderda who insist you go to the office to do the paperwork but they accept Wise as a payment method 

I have been a Wise account holder since they came into being and am a shareholder 

Use this link and get  a free transfer 

https://wise.com/invite/u/frederickp1

Douglas57

Posted: Fri May 27, 2022 4:45pm

Douglas57

Original Poster

Helpful member

Posts: 83

71 helpful points

Location: Catral

Joined: 14 May 2021

Posted: Fri May 27, 2022 4:45pm

PedroB wrote on Fri May 27, 2022 3:12pm:

Hi Philip, I also own a holiday home and pay all my bills home and car insand Suma with wise. I have never had a Spanish bank account. That’s why I was asking Douglas what companies he was struggling with. 

Payments on anything withthe wise card is accepted anywhere.  That is really good.  It is when the companies want an IBAN no:  wise european is belgium, the Spanish say even european is not acceptable, only Spanish Iban isneeded for Direct debits and rebates.

eganjohn

Posted: Fri May 27, 2022 5:50pm

Posts: 92

45 helpful points

Location: Torrevieja

Joined: 22 Nov 2019

Posted: Fri May 27, 2022 5:50pm

Douglas57 wrote on Fri May 27, 2022 4:45pm:

Payments on anything withthe wise card is accepted anywhere.  That is really good.  It is when the companies want an IBAN no:  wise european is belgium, the Spanish say even european is not acceptable, only Spanish Iban isneeded for Direct debits and rebates.

I changed 6 direct debits recently from a Sabadell account to an eu based bank account in Ireland.

They were immediately accepted by all 6 Spanish companies including Hidraqua, Avatel and SUMA.

There is no problem changing to an eu based bank.

Douglas57

Posted: Fri May 27, 2022 6:26pm

Douglas57

Original Poster

Helpful member

Posts: 83

71 helpful points

Location: Catral

Joined: 14 May 2021

Posted: Fri May 27, 2022 6:26pm

eganjohn wrote on Fri May 27, 2022 5:50pm:

I changed 6 direct debits recently from a Sabadell account to an eu based bank account in Ireland.

They were immediately accepted by all 6 Spanish companies including Hidraqua, Avatel and SUMA.

There is no problem changing to an eu based bank.

It must be personal to me then!  Anyway the thread was not about wise, it was a query if other forum members had problems opening a spanish bank account.

Thanks anyway on comments on wise

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