Banking in Spain

Posted: Thu Feb 3, 2022 8:33am

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Joined: 3 Feb 2022

Hi, can someone please help me with regards to banking in Spain. I have a Revolut account (UK) which has a Euro IBAN Number, do I still need to have a Spanish Bank Account?

TIA, Paul.

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Posted: Thu Feb 3, 2022 3:13pm

Espanglo

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Posted: Thu Feb 3, 2022 3:13pm

If you only need it for paying bills, and using a debit/credit card then Revolut is fine!

Posted: Thu Feb 3, 2022 7:40pm

BM66WHU

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Location: Los Balcones

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Posted: Thu Feb 3, 2022 7:40pm

Espanglo wrote on Thu Feb 3, 2022 3:13pm:
If you only need it for paying bills, and using a debit/credit card then Revolut is fine!

Thank you for the advice. That is all we be using it for.

Paul.

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Posted: Fri Feb 4, 2022 3:26pm

Aspen1992

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Posted: Fri Feb 4, 2022 3:26pm

BM66WHU wrote on Thu Feb 3, 2022 8:33am:
Hi, can someone please help me with regards to banking in Spain. I have a Revolut account (UK) which has a Euro IBAN Number, do I still need to have a Spanish Bank Account?
TIA, Paul.

Hi BM66WHU

I think you will find that your Revolut account has a GB Iban code if your UK resident, you will be better off with a Wise account which has a Belgium Iban code letting you set up all your DD's, I also have a Starling Euro account which I use to draw cash as your restricted to 250 euros per month on the other cards.

regards

Andrew

Posted: Fri Feb 4, 2022 3:54pm

BM66WHU

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Location: Los Balcones

Joined: 3 Feb 2022

Posted: Fri Feb 4, 2022 3:54pm

Aspen1992 wrote on Fri Feb 4, 2022 3:26pm:
Hi BM66WHU
I think you will find that your Revolut account has a GB Iban code if your UK resident, you will be better off with a Wise account which has a Belgium Iban code letting you set up all your DD's, I also have a Starling Euro account which I use to draw cash as your restricted to 250 euros per month...

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... on the other cards.
regards
Andrew

Hi Andrew,

Thank you for the reply, very grateful!

Regards, Paul.

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Posted: Fri Feb 4, 2022 5:50pm

Aspen1992

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Posted: Fri Feb 4, 2022 5:50pm

BM66WHU wrote on Fri Feb 4, 2022 3:54pm:
Hi Andrew,
Thank you for the reply, very grateful!

Read more...

Regards, Paul.

Hi Paul

I use my revolut card to exchange currency as it gives best rate then transfer across to Wise & Starling, its just been @ 1.202 I exchange 4k so that will keep me going this year and into next with all my bills and spending cash.

Regards

Andrew