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Banking fees

Posted: Wed Oct 6, 2021 10:47am
25 replies1095 views8 members subscribed
Linda55

Posts: 46

8 helpful points

Location: Torrevieja

Joined: 13 Jan 2018

Have just been told by a friend that the banking fees for Sabadell are going up to €60 per quarter. Says she read it on their website but I can't see anything. 

Can anybody confirm? 

GrahamLynn

Posted: Wed Oct 6, 2021 2:40pm

GrahamLynn

Helpful member

Posts: 524

464 helpful points

Location: El Raso

Joined: 9 Jul 2017

Posted: Wed Oct 6, 2021 2:40pm

Every bank has many different types of accounts, so it could be possible that the fees are that amount for her type of account.   Is it a huge increase from what she is paying at the moment.

A lot of people on here mentioned that the fees for Sabadell increased dramatically last year, so is this a further increase. 
Account fees vary depending on whether it’s a resident or non resident account, or if you have a regular sum going in each month, or if you have a certain number of transactions per month, or if you have insurance with them  or if you have to pay for bank card.  

It could be time to change to another bank

Lynn

Kimmy11

Posted: Thu Oct 7, 2021 4:02pm

Kimmy11

Legendary helpful member

Posts: 4391

8464 helpful points

Joined: 8 Aug 2017

Posted: Thu Oct 7, 2021 4:02pm

Hi Linda,

It sounds like your friend has Sabadell´s non-resident ´Key Account´, but according to their website the fees are still €40 per quarter, so perhaps they haven´t updated their documentation yet:

https://www.bancsabadell.com/cs/Satellite/SabAtl/Key-Account/1191359536844/en/

I´m resident in Spain and the fees for my Sabadell account are only €15 per quarter.

Kind regards, 
Kim

Linda55

Posted: Thu Oct 7, 2021 4:13pm

Linda55

Original Poster

Posts: 46

8 helpful points

Location: Torrevieja

Joined: 13 Jan 2018

Posted: Thu Oct 7, 2021 4:13pm

Kimmy11 wrote on Thu Oct 7, 2021 4:02pm:

Hi Linda,

It sounds like your friend has Sabadell´s non-resident ´Key Account´, but according to their website the fees are still €40 per quarter, so perhaps they haven´t updated their documentation yet:

https://www.bancsabadell.com/cs/Satellite/SabAtl/Key-Account/1191359536844/en/

I´m resident in Spain and the fees for my Sabadell account are only €15 per quarter.

Kind regards, 
Kim

Yes we have a "Key account plus" and I have checked their website and cannot see anything. The fees only recently went up to €40 per quarter so I don't know where she got her info from. Hopefully it's incorrect. 

Julierun57

Posted: Fri Oct 8, 2021 7:46am

Julierun57

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Posts: 199

130 helpful points

Location: Villamartin

Joined: 13 Sep 2018

Posted: Fri Oct 8, 2021 7:46am

Kimmy11 wrote on Thu Oct 7, 2021 4:02pm:

Hi Linda,

It sounds like your friend has Sabadell´s non-resident ´Key Account´, but according to their website the fees are still €40 per quarter, so perhaps they haven´t updated their documentation yet:

https://www.bancsabadell.com/cs/Satellite/SabAtl/Key-Account/1191359536844/en/

I´m resident in Spain and the fees for my Sabadell account are only €15 per quarter.

Kind regards, 
Kim

Hi Kim

Do all residents who bank with Sabadell pay €15 per quarter or do you need to have a certain amount of money going into the account per month?

I am a resident but they are still taking €40 per quarter out of my account.

Many thanks

Julie

Marge05

Posted: Fri Oct 8, 2021 9:00am

Posts: 8

2 helpful points

Location: Los Altos

Joined: 22 Aug 2021

Posted: Fri Oct 8, 2021 9:00am

I have no idea what type of account I come under but I've just paid 15 euro to sabadell bank ,I am resident here been with SABADELL  7 yrs .

Kimmy11

Posted: Fri Oct 8, 2021 11:21am

Kimmy11

Legendary helpful member

Posts: 4391

8464 helpful points

Joined: 8 Aug 2017

Posted: Fri Oct 8, 2021 11:21am

Julierun57 wrote on Fri Oct 8, 2021 7:46am:

Hi Kim

Do all residents who bank with Sabadell pay €15 per quarter or do you need to have a certain amount of money going into the account per month?

I am a resident but they are still taking €40 per quarter out of my account.

Many thanks

Julie

Hi Julie,

Have you taken your green card or TIE into the bank and told them that you're resident?  When we originally opened an account with Sabadell it was the non-resident 'Key Account' and we had to take in our documents to prove that we'd gained residencia before they would switch us to the residents' 'Expansion Account'.

Kind regards,

Kim

tebo53

Posted: Fri Oct 8, 2021 11:43am

tebo53

Legendary helpful member

Posts: 2106

2096 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Fri Oct 8, 2021 11:43am

Kimmy11 wrote on Fri Oct 8, 2021 11:21am:

Hi Julie,

Have you taken your green card or TIE into the bank and told them that you're resident?  When we originally opened an account with Sabadell it was the non-resident 'Key Account' and we had to take in our documents to prove that we'd gained residencia before they would switch us to the reside...

...nts' 'Expansion Account'.

Kind regards,

Kim

I also have the Expansion residents account with Sabadell and pay €15 per quarter. I don't think it matters how much goes in per month. 

Steve 

Julierun57

Posted: Fri Oct 8, 2021 11:58am

Julierun57

Helpful member

Posts: 199

130 helpful points

Location: Villamartin

Joined: 13 Sep 2018

Posted: Fri Oct 8, 2021 11:58am

Kimmy11 wrote on Fri Oct 8, 2021 11:21am:

Hi Julie,

Have you taken your green card or TIE into the bank and told them that you're resident?  When we originally opened an account with Sabadell it was the non-resident 'Key Account' and we had to take in our documents to prove that we'd gained residencia before they would switch us to the reside...

...nts' 'Expansion Account'.

Kind regards,

Kim

Hi Kim

Yes both myself and my husband have taken our residenci a cards to the bank and they were photocopied.

  I have just looked at the account on my banking app and it says Expansion Savings..

Kimmy11

Posted: Fri Oct 8, 2021 3:56pm

Kimmy11

Legendary helpful member

Posts: 4391

8464 helpful points

Joined: 8 Aug 2017

Posted: Fri Oct 8, 2021 3:56pm

Julierun57 wrote on Fri Oct 8, 2021 11:58am:

Hi Kim

Yes both myself and my husband have taken our residenci a cards to the bank and they were photocopied.

  I have just looked at the account on my banking app and it says Expansion Savings..

Hi Julie,

I think you need to pay your bank a visit 😉

Kind regards, 

Kim

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