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Banking general

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Posted: Thu Jul 11, 2019 11:17am
9 replies104 views4 members subscribed
razors03

Posts: 12

Location: Torrevieja

1 helpful posts

Just moving to Spain shortly, would anyone recommend a particular Bank that easy to transfer funds on a regular basis from the UK.

Regards Tim

John56

John56

Super helpful member

Thu Jul 11, 2019 11:21am

Posts: 1643

Location: La Zenia

1732 helpful posts

Posted: Thu Jul 11, 2019 11:21am

razors03 wrote on Thu Jul 11, 2019 11:17am:

Just moving to Spain shortly, would anyone recommend a particular Bank that easy to transfer funds on a regular basis from the UK.

Regards Tim

We have been with Sabadell for around four years, great service, they pride themselves on the slogan " we speak your language" which means that in any Branch or on the phone we have always had access to English speaking staff, great website in English with a Virtual Office you can register to use which means you can complete your banking transaction and manage your account from back in the U.K. Also easy to set up transfers from the U.K. when needed.

I would suggest you register on your Water and Electric companies websites to use their Virtual Offices to do the same with their accounts, set up Direct Debits and go paperless so you do not miss bills.

razors03

razors03

Original Poster

Thu Jul 11, 2019 11:32am

Posts: 12

Location: Torrevieja

1 helpful posts

Posted: Thu Jul 11, 2019 11:32am

Much appreciated, valuable information.

regards Tim

Bles

Bles

Helpful member

Thu Jul 11, 2019 12:30pm

Posts: 190

Location: Cabo Roig

165 helpful posts

Posted: Thu Jul 11, 2019 12:30pm

Your going to find everyone that answers is likely to tell you their bank, which is great.. but! It all depends what type of account you have.. no one tells you about the charges these banks require for you to bank with them.. no free banking in Spain..  check this out no matter where you bank..

We are with Bankinter.. no problems, on line and transfares.

Congratulations with your move.

John56

John56

Super helpful member

Thu Jul 11, 2019 12:34pm

Posts: 1643

Location: La Zenia

1732 helpful posts

Posted: Thu Jul 11, 2019 12:34pm

Bles wrote on Thu Jul 11, 2019 12:30pm:

Your going to find everyone that answers is likely to tell you their bank, which is great.. but! It all depends what type of account you have.. no one tells you about the charges these banks require for you to bank with them.. no free banking in Spain..  check this out no matter where you bank..

We are with Bankinter.. no problems, on line and transfares.

Congratulations with your move.

Quite right on no free banking for Non Residents, all Banks charge around 35€ a quarter. When Resident you change your Account and get free banking as long as you credit around 700€ a month into the account. Before we had our U.K. pensions paid into the account we simply lifted 700€ from an ATM and went into the Branch to lodge the money, no problem and we now have free Banking.

John56

John56

Super helpful member

Thu Jul 11, 2019 12:35pm

Posts: 1643

Location: La Zenia

1732 helpful posts

Posted: Thu Jul 11, 2019 12:35pm

Bles wrote on Thu Jul 11, 2019 12:30pm:

Your going to find everyone that answers is likely to tell you their bank, which is great.. but! It all depends what type of account you have.. no one tells you about the charges these banks require for you to bank with them.. no free banking in Spain..  check this out no matter where you bank..

We are with Bankinter.. no problems, on line and transfares.

Congratulations with your move.

Quite right on no free banking for Non Residents, all Banks charge around 35€ a quarter. When Resident you change your Account and get free banking as long as you credit around 700€ a month into the account. Before we had our U.K. pensions paid into the account we simply lifted 700€ from an ATM and went into the Branch to lodge the money, no problem and we now have free Banking.

razors03

razors03

Original Poster

Thu Jul 11, 2019 3:34pm

Posts: 12

Location: Torrevieja

1 helpful posts

Posted: Thu Jul 11, 2019 3:34pm

Thank you for this valuable information.

Tim

Kevin999

Sun Jul 14, 2019 8:59am

Posts: 1

Location: Benidorm

Posted: Sun Jul 14, 2019 8:59am

We are none residents, and get FREE banking wiyh Sabadell, providing we deposit 700 euros a month into account.

Rearly easy to open.

Leafy211

Mon Jul 15, 2019 7:08am

Posts: 21

Location: Torrevieja

3 helpful posts

Posted: Mon Jul 15, 2019 7:08am

If you don't need a Spanish IBAN then maybe look into TransferWise or similar, as they can offer many services free, which might do the job for you

razors03

razors03

Original Poster

Mon Jul 15, 2019 7:13am

Posts: 12

Location: Torrevieja

1 helpful posts

Posted: Mon Jul 15, 2019 7:13am

much appreciated thnak you 

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