When I bought my house in La Marina 15 years ago I joined Cam bank which subsequently became bancsabadell. I am not resident in Spain but my annual fees with Sabadell are €96 maintenance and €11.70 administration. Can anybody recommend a cheaper bank and how easy is it to swap banks in Spain?
Posted: Thu Feb 22, 2018 7:47pm
Very helpful member
As a non resident you will always have to pay a fee to your bank. Two choices. Become a resident and pay your wages monthly into your account or pay the bank charges. I have to suck it up and pay but it's a small price to pay.
Bob82 wrote on Thu Feb 22, 2018 6:55pm:
When I bought my house in La Marina 15 years ago I joined Cam bank which subsequently became bancsabadell. I am not resident in Spain but my annual fees with Sabadell are €96 maintenance and €11.70 administration. Can anybody recommend a cheaper bank and how easy is it to swap banks in Spain?
Hi personally I would not say what you are paying is extortionate obviously no one wants to pay fees but in the scheme of things it's a drop in the ocean how much is your council tax in the UK now that is extortionate!
Bob82 wrote on Thu Feb 22, 2018 6:55pm:
When I bought my house in La Marina 15 years ago I joined Cam bank which subsequently became bancsabadell. I am not resident in Spain but my annual fees with Sabadell are €96 maintenance and €11.70 administration. Can anybody recommend a cheaper bank and how easy is it to swap banks in Spain?
Bought our house 18 months ago, using Sabadell, just changed accounts to a fee free account as long as you are putting money in monthly or quarterly. Great news👍
Posted: Fri Feb 23, 2018 2:44pm
Very helpful member
Bob82 wrote on Thu Feb 22, 2018 6:55pm:
When I bought my house in La Marina 15 years ago I joined Cam bank which subsequently became bancsabadell. I am not resident in Spain but my annual fees with Sabadell are €96 maintenance and €11.70 administration. Can anybody recommend a cheaper bank and how easy is it to swap banks in Spain?
We were in with Sabadell yesterday and found we had a non resident account that had a quarterly fee of 30 Euros and charges for all transactions. Additionally 30 Euros for each bank card. She changed ud over to the best non resident account which was also 30 Euros a quarter, but no charge for the 1st bank card and fee free transactions. If you are only paying the amounts you quoted, you are doing better than most non residents with Sabadell.
We did go into Bankinter a couple of weeks ago and was advised they charge 15 Euros a quarter and no fee transactions. We will be changing over to them later this year at the start of our next winter break, in case anything goes wrong with the changeover of Direct Debits, so we can be here to sort.
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That' the one we had. She offered us a no charge account with no fees even for an extra card as I didn't have one just the wife. We are non residents. Don' even have to change direct debits , same account number.
Sorry, non resident , part pension going into account every month, no charges at all unless overdraw . Did this week. Extra card at no cost arrives Monday. ☺
Badger wrote on Fri Feb 23, 2018 1:48pm:
Bought our house 18 months ago, using Sabadell, just changed accounts to a fee free account as long as you are putting money in monthly or quarterly. Great news👍
What is the name of that bank please as I also heard there is free banking ifif over a certain amount is maintained in the account or regular income put in.
Gilly
Sabadell 👍
Posted: Sat Feb 24, 2018 1:03pm
Check out Deutsche Bank . We are non resident and pay no fees just transfer 600 euros per month and use card twice I think
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