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Bank account

Posted: Thu Jun 29, 2023 10:01pm
3 replies112 views4 members subscribed
James1302

Posts: 1

Location: Orihuela Costa

Joined: 28 Jun 2023

Just in process of buying house in la zenia trying to pick bank so we get IBAN number 

REVOLUTE OR WIZE or wise that have been suggested 

tebo53

Posted: Thu Jun 29, 2023 10:58pm

tebo53

Legendary helpful member

Posts: 4829

5031 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Thu Jun 29, 2023 10:58pm

James1302 wrote on Thu Jun 29, 2023 10:01pm:

Just in process of buying house in la zenia trying to pick bank so we get IBAN number 

REVOLUTE OR WIZE or wise that have been suggested 

There are many posters on this forum that use Wise.

www.wise.com 

Steve 

Kenbo

Posted: Fri Jun 30, 2023 10:46am

Kenbo

Very helpful member

Posts: 1021

812 helpful points

Location: La Florida

Joined: 6 Dec 2017

Posted: Fri Jun 30, 2023 10:46am

tebo53 wrote on Thu Jun 29, 2023 10:58pm:

There are many posters on this forum that use Wise.

www.wise.com 

Steve 

Agree with Steve, a Spanish bank account can be expensive to run and unnecessary if you are non res.

I also use Wise to pay direct debits for utilities etc, as a non resident it works perfectly for me.

Not only the above, it allows you to send/received money in different currencies and comes with a debit card for everyday use.

The monthly atm withdrawals allowance isn't great, use an alternative for this, open a basic uk Santander account then no charges at Santander ATM's in Spain.

Ken. 

Keeny

Posted: Sun Jul 2, 2023 11:07am

Posts: 18

4 helpful points

Location: Orihuela Costa

Joined: 11 Mar 2022

Posted: Sun Jul 2, 2023 11:07am

tebo53 wrote on Thu Jun 29, 2023 10:58pm:

There are many posters on this forum that use Wise.

www.wise.com 

Steve 

We’ve cancelled our Spanish bank (charged nearly300€ a year just for the account) and moved to Wise. No annual charges and all DD’s paid. They have Belgian IBAN.

Very simple to change.

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