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What is the best bank to open an account for depositing money to buy a house here
Posted: Fri Sep 22, 2017 8:45am
Looking to open a bank account here which bank is the best
Posted: Fri Sep 22, 2017 9:01am
Very helpful member
You're solicitor will cover this for you as part of the purchase process.
My sol got my NIE and opened an account for me with Banco Sabadell
Lynne26 wrote on Fri Sep 22, 2017 8:45am:
Looking to open a bank account here which bank is the best
If you check other posts on the Forum the majority of people recommend Sabadell Bank.
Posted: Fri Sep 22, 2017 10:42am
Legendary helpful member
I also recommend Sabadell.
For money transfers I use Transferwise. It was a little strange the first time I watched a sum of money disappear on the internet but I've used them hundreds of times, very efficient and the money always arrives in Sabadell quickly. Their rates are much better than your UK bank will give you, they charge a very small fee based on a percentage of the sum and trust me you will save a lot of money by using them instead of your bank.
There are other good money transfer agents this is just my experience with Transferwise.
Posted: Fri Sep 22, 2017 11:05am
Thank you so much I'm in the Sabadell bank now and I will try the exchange company.
Thank you so much
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Posted: Fri Sep 22, 2017 11:17am
Legendary helpful member
No problem Lynne. Good luck! Anything else just fire away, Steve
Posted: Fri Sep 22, 2017 11:30am
Legendary helpful member
Ps I think Sabadell charge 30 euros a quarter, 120 annual.
Posted: Fri Sep 22, 2017 11:32am
dinnerout wrote on Fri Sep 22, 2017 11:17am:
No problem Lynne. Good luck! Anything else just fire away, Steve
Hi again
What is the best solution to broadband and tv package also.
Lynne
Posted: Fri Sep 22, 2017 11:38am
Legendary helpful member
That depends on your local suppliers. Search the forum and if you don't find your answer post up a new topic on it.
Cheers, Steve
Just be carefull when depositing your cash sometimes it is better to transfer several small amounts check with them first if there is a charge for depoiting large amounts and what the threshold is or you can get caught out with a big charge.
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