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Bank charge

Posted: Wed Apr 27, 2022 1:10pm
4 replies162 views5 members subscribed
kaztorres

Posts: 7

Joined: 26 Feb 2019

Hi, which bank is the cheapest to run as a non resident ?…

 we are with Sabadell and it €190 a year 😳,

 is it correct that bankinter  is only €45 per year ?


thanks Karen 

tebo53

Posted: Wed Apr 27, 2022 1:27pm

tebo53

Legendary helpful member

Posts: 4826

5023 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Wed Apr 27, 2022 1:27pm

kaztorres wrote on Wed Apr 27, 2022 1:10pm:

Hi, which bank is the cheapest to run as a non resident ?…

 we are with Sabadell and it €190 a year 😳,

 is it correct that bankinter  is only €45 per year ?


thanks Karen 

A lot of non residents on this forum are ditching the Spanish banks and signing up with "Wise" online banking. They will issue you with an EU IBAN and you can set up your direct debits. 

Have a look here:

www.wise.com 

Steve 

MeathMaria

Posted: Thu Apr 28, 2022 1:50pm

MeathMaria

Very helpful member

Posts: 599

580 helpful points

Location: Alicante City

Joined: 9 Jun 2019

Posted: Thu Apr 28, 2022 1:50pm

kaztorres wrote on Wed Apr 27, 2022 1:10pm:

Hi, which bank is the cheapest to run as a non resident ?…

 we are with Sabadell and it €190 a year 😳,

 is it correct that bankinter  is only €45 per year ?


thanks Karen 

No...Bankinter is €120 for maintenance plus another €30 for debit card.  

Non resident charges for couple with joint account.  

As Steve above says many are switching to online banks.    

Lenny M

Posted: Thu Apr 28, 2022 2:12pm

Posts: 37

1 helpful points

Location: Benijofar

Joined: 28 Apr 2022

Posted: Thu Apr 28, 2022 2:12pm

tebo53 wrote on Wed Apr 27, 2022 1:27pm:

A lot of non residents on this forum are ditching the Spanish banks and signing up with "Wise" online banking. They will issue you with an EU IBAN and you can set up your direct debits. 

Have a look here:

www.wise.com 

Steve 

Many thanks for this. We will be residents does this make a difference?

Geoffro

Posted: Thu Apr 28, 2022 5:52pm

Geoffro

Helpful member

Posts: 290

186 helpful points

Location: Cabo Roig

Joined: 21 Feb 2019

Posted: Thu Apr 28, 2022 5:52pm

I'm a resident and bank with BankInter free of charge.  In fact for the first couple of years they paid me interest on the account.

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