Bank recommendations

Posted: Mon Jul 12, 2021 11:59am

2 replies50 views3 members subscribed

DaveB

Posts: 22

1 helpful points

Location: Orihuela Costa

Joined: 31 Oct 2016

Hi

Could anyone recommend a Bank to use please?

Just need to pay DD,S and a card for cash withdrawal's and to use on daily basis to pay for goods etc

Not sure which one to try first to keep charges down to a minimum

Regards

Dave

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Posted: Tue Jul 13, 2021 9:18am

Stevec2x

Super helpful member

Posts: 1858

1055 helpful points

Location: Playa Flamenca

Joined: 23 Jan 2020

Posted: Tue Jul 13, 2021 9:18am

Hi Dave

You'll find many people on this forum use the online "bank" Wise.com (formerly known as Transferwise). Sign up with them and get the debit card. You can do currency conversions at the drop of a hat, at the best rate, and minimal charges. If you draw money out using an ATM you will probably be charged, but if you pay for things with a card there are no charges.

They also support direct debits, but there is no overdraft facility.

Cheers

Steve

Posted: Tue Jul 13, 2021 10:07am

Youhoo

Helpful member

Posts: 283

139 helpful points

Location: Orihuela Costa

Joined: 23 Jun 2018

Posted: Tue Jul 13, 2021 10:07am

As Steve says people are switching to Wise Starling and systems like that unless your paying about 800€a month into account and sometimes one of there insurances or the line you get charged every quarter plus if you transfer money from uk iban, they love them €€€€€€