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Bank Charges

Posted: Sun Sep 30, 2018 3:44pm
48 replies1605 views16 members subscribed
Darrel57

Posts: 134

12 helpful points

Location: Los Balcones

Joined: 31 Mar 2018

Hi

I have a non residents bank account with Sabadell, they have just introduced a quarterly 

charge of 30 euros which has gone up to 35 euros

Does anyone know any other bank which has no bank charges or at least cheaper than 

Sabadell?

Thanks 

Darrel

271935

Posted: Sun Sep 30, 2018 3:49pm

271935

Very helpful member

Posts: 836

679 helpful points

Location: Villamartin

Joined: 30 Apr 2016

Posted: Sun Sep 30, 2018 3:49pm

They have always had a 1/4ly charge which has just gone up to 35e.

Unfortunately as non residents in Spain this is just one of those charges we need to suck up.

John56

Posted: Sun Sep 30, 2018 4:05pm

John56

Legendary helpful member

Posts: 2995

5635 helpful points

Location: La Zenia

Joined: 7 Jul 2016

Posted: Sun Sep 30, 2018 4:05pm

As other replies say quarterly fee is common across all banks and has increased, if you are resident then no fees if you deposit 700€ a month.

CARPETMAN

Posted: Mon Oct 1, 2018 1:23pm

CARPETMAN

Helpful member

Posts: 121

86 helpful points

Location: El Campello

Joined: 5 Apr 2018

Posted: Mon Oct 1, 2018 1:23pm

Darrel57 wrote on Sun Sep 30, 2018 3:44pm:

Hi

I have a non residents bank account with Sabadell, they have just introduced a quarterly 

charge of 30 euros which has gone up to 35 euros

Does anyone know any other bank which has no bank charges or at least cheaper than 

Sabadell?

Thanks 

Darrel

Hi I have replied to this subject many times and unless you have a mortgage there is no need to have a Spanish bank account, i have had a villa in Spain for 15 years and have not had a Spanish bank account for 14 years

CARPETMAN

Posted: Mon Oct 1, 2018 2:10pm

CARPETMAN

Helpful member

Posts: 121

86 helpful points

Location: El Campello

Joined: 5 Apr 2018

Posted: Mon Oct 1, 2018 2:10pm

Hi, We have had this conversation before, do not forget we are answering people who are non residents, i do not understand your conveniance argument, i have all my utilities delivered online, i then pay them via my Halifax Clarity card with no FX fees, i have a Santander account in U K which allows me to withdraw cash in Spain with no FX fees so why would anyone want a Spanish bank account that charges a quarterly fee and on top of this charge FX fees, to me it is an absolute no brainer, believe me doing it my way saves me in the region of £400 to £500 a year, i appreciate if you are resident in Spain and not in U K you cannot have a U K bank account but as i previously said we are advising people who are non residents

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Brido

Posted: Tue Oct 2, 2018 11:12am

Posts: 38

29 helpful points

Location: Algorfa

Joined: 29 Mar 2016

Posted: Tue Oct 2, 2018 11:12am

CARPETMAN wrote on Mon Oct 1, 2018 1:23pm:

Hi I have replied to this subject many times and unless you have a mortgage there is no need to have a Spanish bank account, i have had a villa in Spain for 15 years and have not had a Spanish bank account for 14 years

Hi thanks for the info so its possible to pay Suma ,water,electricty,non residents tax and car tax by card

Brido

Posted: Tue Oct 2, 2018 11:26am

Posts: 38

29 helpful points

Location: Algorfa

Joined: 29 Mar 2016

Posted: Tue Oct 2, 2018 11:26am

271935 wrote on Sun Sep 30, 2018 3:49pm:

They have always had a 1/4ly charge which has just gone up to 35e.

Unfortunately as non residents in Spain this is just one of those charges we need to suck up.

I know there can be charges but for Sabadell to just hike the price whenever they feel like it without even informing their customers is a disgrace I opened my account in 2016 the quarterly charge then was 24e last year to 30e now 35e this is a 40% increase in the 30months I have been with them so I think they believe we should all just suck it up or maybe its more a case of bend over and take whats coming

CARPETMAN

Posted: Tue Oct 2, 2018 11:27am

CARPETMAN

Helpful member

Posts: 121

86 helpful points

Location: El Campello

Joined: 5 Apr 2018

Posted: Tue Oct 2, 2018 11:27am

yes but you have to register with each 1 individually in order to receive facturas online, send Iberdrolla and Aguas de Alicante an email to request it you can send it in English and they will reply in same language, and with Suma you need to go into your local office to register for a digital certificate [Digital Certificado] and that enables you to receive all tax facturas and motoring fines etc, if you are unlucky to get one online and then pay with your card

Brido

Posted: Tue Oct 2, 2018 11:32am

Posts: 38

29 helpful points

Location: Algorfa

Joined: 29 Mar 2016

Posted: Tue Oct 2, 2018 11:32am

Thanks very much for your help and advice mate

Brido

Posted: Tue Oct 2, 2018 1:01pm

Posts: 38

29 helpful points

Location: Algorfa

Joined: 29 Mar 2016

Posted: Tue Oct 2, 2018 1:01pm

I believe the interest rates go up and down in Spain also without customer consent and my UK bank has never charged me for anything and never increased anything without letting me know before hand and has never slapped a 40% increase in 30 months on anything so I would go with my UK bank every time

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