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Bank check (sabadell)

Posted: Wed Jan 24, 2018 12:14pm
22 replies1274 views12 members subscribed
Gooner

Posts: 49

6 helpful points

Location: Torrevieja

Joined: 21 Jan 2018

Hi, 

Im in the processing of buying a holiday home in torrevieja, the deposit is payed via bank transfer to my Spanish lawyers account, my lawyer is also in the process of getting a bank account opened for me in Sabadell. I go to spain next month to sign and pay the remaining part, my question is if anyone knows what the bank will charge for making a check to pay for the apartment, I of course by then have moved the money from my Danish bank to the Spanish one, or if there is another way used than by check.

Regards Kim 

Ada

Posted: Wed Jan 24, 2018 12:39pm

Ada

Helpful member

Posts: 421

234 helpful points

Location: Rojales

Joined: 4 Nov 2016

Posted: Wed Jan 24, 2018 12:39pm

Hi if the bank you are paying to is the Sabadell if the payment is made by transfer I don't think you will have to pay if you have to pay by Draft it may depend on the amount, they will normally try to sell you insurance and tell you the fee will be less check insurance prices as you can usually get it cheaper than the bank the best thing to do is ask them it cost us 350 euros on one occasion,

Gooner

Posted: Wed Jan 24, 2018 1:11pm

Gooner

Original Poster

Posts: 49

6 helpful points

Location: Torrevieja

Joined: 21 Jan 2018

Posted: Wed Jan 24, 2018 1:11pm

Not sure we are talking about the same thing, maybe I was unclear in my post. What I will do is I will meet the owner of the apartment at the real estate office, I will bring my lawyer, I then sign the buying contract and I then will pay the owner the last 90% of the agreed price of the apartment. I can only see the possibility of bringing a bank check. Thanks for the tip on insurance, the 350 euros was for what ? 

jimtaylor

Posted: Wed Jan 24, 2018 3:34pm

jimtaylor

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Joined: 2 Feb 2017

Posted: Wed Jan 24, 2018 3:34pm

The other alternative is to find out what the procedure is in online banking for making transfers, and whether an online transfer is immediate. Then you'd just need to take a laptop etc along and effect a transfer to the seller's account..

However, I don't understand what you are saying will happen. A pre-purchase contract (Contrato de Arras) normally involves the payment of a non-returnable 10% of the purchase price, which I assume you've already done. The final 90% should be paid at the notary's office, once he has satisfied himself that the sale can go ahead.

Lana Scot

Posted: Wed Jan 24, 2018 5:49pm

Lana Scot

Helpful member

Posts: 61

50 helpful points

Location: Rojales

Joined: 26 Nov 2017

Posted: Wed Jan 24, 2018 5:49pm

We have just purchased last week the bankers draft is 300 euros if you take out house insurance with the bank its reduced to 180 euros 

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georgedave

Posted: Wed Jan 24, 2018 6:44pm

Posts: 4

Location: Torrevieja

Joined: 24 Jan 2018

Posted: Wed Jan 24, 2018 6:44pm

Gooner wrote on Wed Jan 24, 2018 12:14pm:

Hi, 

Im in the processing of buying a holiday home in torrevieja, the deposit is payed via bank transfer to my Spanish lawyers account, my lawyer is also in the process of getting a bank account opened for me in Sabadell. I go to spain next month to sign and pay the remaining part, my question is if a...

...nyone knows what the bank will charge for making a check to pay for the apartment, I of course by then have moved the money from my Danish bank to the Spanish one, or if there is another way used than by check.

Regards Kim 

You could do it via the lawers

Gooner

Posted: Wed Jan 24, 2018 7:27pm

Gooner

Original Poster

Posts: 49

6 helpful points

Location: Torrevieja

Joined: 21 Jan 2018

Posted: Wed Jan 24, 2018 7:27pm

jimtaylor wrote on Wed Jan 24, 2018 3:34pm:

The other alternative is to find out what the procedure is in online banking for making transfers, and whether an online transfer is immediate. Then you'd just need to take a laptop etc along and effect a transfer to the seller's account..

However, I don't understand what you are saying will happen. A pre-purchase contract (Contrato de Arras) normally involves the payment of a non-returnable 10% of the purchase price, which I assume you've already done. The final 90% should be paid at the notary's office, once he has satisfied hims...

...elf that the sale can go ahead.

Ah ok at the notary and not at the real estate agent then, the rest you have understood just fine. Thanks for the reply and tip. 

Gooner

Posted: Wed Jan 24, 2018 7:29pm

Gooner

Original Poster

Posts: 49

6 helpful points

Location: Torrevieja

Joined: 21 Jan 2018

Posted: Wed Jan 24, 2018 7:29pm

Lana Scot wrote on Wed Jan 24, 2018 5:49pm:

We have just purchased last week the bankers draft is 300 euros if you take out house insurance with the bank its reduced to 180 euros 

I understand, thanks Lana 

Gooner

Posted: Wed Jan 24, 2018 7:30pm

Gooner

Original Poster

Posts: 49

6 helpful points

Location: Torrevieja

Joined: 21 Jan 2018

Posted: Wed Jan 24, 2018 7:30pm

Lana Scot wrote on Wed Jan 24, 2018 5:49pm:

We have just purchased last week the bankers draft is 300 euros if you take out house insurance with the bank its reduced to 180 euros 

I understand, thanks Lana.

Garry01

Posted: Wed Jan 24, 2018 9:45pm

Posts: 16

1 helpful points

Location: Torrevieja

Joined: 7 Jan 2018

Posted: Wed Jan 24, 2018 9:45pm

Gooner wrote on Wed Jan 24, 2018 12:14pm:

Hi, 

Im in the processing of buying a holiday home in torrevieja, the deposit is payed via bank transfer to my Spanish lawyers account, my lawyer is also in the process of getting a bank account opened for me in Sabadell. I go to spain next month to sign and pay the remaining part, my question is if a...

...nyone knows what the bank will charge for making a check to pay for the apartment, I of course by then have moved the money from my Danish bank to the Spanish one, or if there is another way used than by check.

Regards Kim 

We purchased in January 4 cheques from our bank (Sabadell) cost €234 .Unfortunately we have had to wait for nie number so hard work and the bank are very strict and not particularly helpful .

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