Sabadell bank charges on Expansion Premium account - Page 3

The Sabadell branch at Benidorm has always been helpful and given good service. I agree that their online app is excellent. 

Steve 

I'm intrigued by this.

What could be more "personal" than closing you accout and this is what happened to me (copied and pasted from a post I made previously):

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As I had moved all my direct debits over, I asked Sabadell how I could close the account on Twitter.

They passed my contact details onto the local branch where the account was opened and I received an email from them advising that to close the account (due to the COVID situation), I needed to arrange an appointment to come into the branch.

The account was opened in Los Alcazares as that is where my solicitor was based - which is in Murcia - and with regional borders closed I told them that I wouldn't be able to travel to do that.

They therefore passed my details on to the La Fuente branch who contacted me - they told me I didn't need an appointment to attend that branch and that I could come in during their opening hours together with ID to close the account which I duly did.

So mildly long story - but to answer you specific question - no, I think you (or someone with PoA) needs to attend in a branch to close the account.

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It would be interesting to know what a complaint would do if one branch refused to do something and forced you to go to another - what would have happened if that branch was in Murcia for example given the border lockdown!

Hi ,

I am in Bankia , they are charging 14€/month 

They say they’re I have to have my pension transferred each month on my account in Bankia 

If I want to avoid the 14€ plus to have a saving account 

Bottom line , finances worldwide are going through a very high turbulence and every institution is trying to make cash using all means 

Is it legal ? Of course not ... banks are surveyed by the central bank on each country , son when there is a badly need in cash all means are good and hence become “legal”

I asked a Lawer and said to me that banks are entitled to take fees each month for managing the account .... even though I am not using their credit card , I even want to cancel it 

Used travelwise for any Spanish direct debits or transfers as they have EU IBAN

I've now opened a N26 bank account, no bank charges and a Spanish iban and closed Sabadell account 

Hi please tell more about the N26 account. Who is it with? I am sure more people on here would be interested in it.

Ian

It's a German online bank ,can be opened in about fifteen minutes just need your passport and a smaphone. Just download the app from google apple etc

I spoke with currencies direct this morning and was told that they are speaking with the banks in the ee requesting they stop charging funds originating from the UK.  Good luck with that I said.

They then told me that if they couldn't come to an agreement they would be transferring funds from the uk to a company in Europe and then forwarding on to their customers bank account.

Customers will no doubt be using other currency dealers who at this time dont incur charges, so the likes of currencies direct will be worried of losing trade.

Yes i pay 550£ per month through TorFx, and got full value in Euro's, till now January 2021,Sabadell take 3%, Then i transferred €125 euros in January and was again charged 3%. They also charge €50 per quarter for service management of account 🤔, I live in UK so stuck in limbo. John 🤢

I’ve had a Sabadell account in Spain since June 2019. I started paying €35 per quarter until I became resident, then I went into the branch I Originally registered with, along with my Residencia card and the €35 was no longer paid to them.

However, In January 2021, I noticed a message on my online statement saying that I would now be charged €40/quarter! So I made an appointment to go into the bank in January.  This was supposed to be sent to me by post but, as usual, I never received it.

I originally had a Key Account Plus and I changed it to an Expansion Account for state pensioners (or anyone under 29 years of age) where they assure me that I will not pay any charges. I receive my pension in 2 parts, one small amount from Italy and one even smaller amount from the U.K.  This way I am not paying any transfer charges. 

The problem is that you have to keep an eye on the banks as they change policy and conditions at the drop of a hat without informing you specifically.