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How to open a bank account?

Posted: Wed Feb 10, 2016 10:16am
8 replies53 views2 members subscribed
kevinyoung97

Posts: 7

Location: Los Altos

Joined: 10 Feb 2016

Does anyone have any tips on how to open a bank account, we are looking to buy property in april and live there permanently, thanks.

soldierboy001

Posted: Wed Feb 10, 2016 2:46pm

Posts: 64

4 helpful points

Location: Benidorm

Joined: 6 Aug 2015

Posted: Wed Feb 10, 2016 2:46pm

If you are buying through an agent then he should be able to help you with this as part of his service.

kevinyoung97

Posted: Wed Feb 10, 2016 3:04pm

kevinyoung97

Original Poster

Posts: 7

Location: Los Altos

Joined: 10 Feb 2016

Posted: Wed Feb 10, 2016 3:04pm

thanks very much.

Sheila64

Posted: Wed Feb 10, 2016 3:47pm

Sheila64

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Posts: 772

624 helpful points

Location: Playa Flamenca

Joined: 22 Dec 2015

Posted: Wed Feb 10, 2016 3:47pm

kevinyoung97 wrote on Wed Feb 10, 2016 10:16am:

Does anyone have any tips on how to open a bank account, we are looking to buy property in april and live there permanently, thanks.

Hello,

We came last September to look at property, which we found in a couple of days. Our lawyer made an appointment with Banco  Sabadell and came with us to open an account. They spoke very good English. With their Expansion A/C as long as you have a pension or salary paid directly into it each month, then their are no bank charges. Our cash point cards were ready to pick up a few days later. The online banking is very clear and the staff are very helpful. Do choose a bank that has a branch or cash point near to your new home though, as many of the cash point machines incur a fee. Also, our home insurance was taken out with them, as they offer a heavy discount for the first year. Good luck, and hope your move goes as well as ours did, to Playa Flamenca.

kevinyoung97

Posted: Wed Feb 10, 2016 6:45pm

kevinyoung97

Original Poster

Posts: 7

Location: Los Altos

Joined: 10 Feb 2016

Posted: Wed Feb 10, 2016 6:45pm

thanks for the great advice, how are you finding it over there, Kevin.

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ldp

Posted: Thu Feb 11, 2016 8:54am

ldp

Helpful member

Posts: 297

198 helpful points

Location: Torrevieja

Joined: 30 Aug 2015

Posted: Thu Feb 11, 2016 8:54am

kevinyoung97 wrote on Wed Feb 10, 2016 10:16am:

Does anyone have any tips on how to open a bank account, we are looking to buy property in april and live there permanently, thanks.

Hi, we are just about to complete on a property with a view to a permanent move in the next year or so.

We opened a bank account with Sabadell, just needed passports and 200 euros.  Very efficient, good communication via email and English speaking!

Griff

Posted: Thu Feb 11, 2016 3:25pm

Posts: 17

6 helpful points

Location: Adsubia

Joined: 20 Nov 2015

Posted: Thu Feb 11, 2016 3:25pm

kevinyoung97 wrote on Wed Feb 10, 2016 10:16am:

Does anyone have any tips on how to open a bank account, we are looking to buy property in april and live there permanently, thanks.

I opened an account with La Caixa last year and It was painless.

My solicitor (Abogado) gave me a list of recommendations to look through and was careful not to specifically single one out for me. I chose La Caixa and they made the initial appointment with the manager. He was great, spoke excellent English and guided me through the whole process. The bank has been great so far although I couldn't say if they were any better or worse than any other. What I do like is that the website is in English for my online banking and the ATM is also in English. I am finding this a real bonus until the Spanish lessons kick in !

Like others here, I also took the first year house insurance with them as they offered a good incentive to do so.

Good Luck.

Colin

Sheila64

Posted: Thu Feb 11, 2016 4:12pm

Sheila64

Very helpful member

Posts: 772

624 helpful points

Location: Playa Flamenca

Joined: 22 Dec 2015

Posted: Thu Feb 11, 2016 4:12pm

kevinyoung97 wrote on Wed Feb 10, 2016 6:45pm:

thanks for the great advice, how are you finding it over there, Kevin.

Hi Kevin,

Glad it helped. We have settled in well, but it takes a while to get to grips with living in a different country. It's much quieter than London of course, which most of the time  I like! I retired from work at the same time, so I am missing having something to do. The weather has been brilliant though which certainly helps. Best of luck.

Sheila

kevinyoung97

Posted: Thu Feb 11, 2016 8:07pm

kevinyoung97

Original Poster

Posts: 7

Location: Los Altos

Joined: 10 Feb 2016

Posted: Thu Feb 11, 2016 8:07pm

Griff wrote on Thu Feb 11, 2016 3:25pm:

I opened an account with La Caixa last year and It was painless.

My solicitor (Abogado) gave me a list of recommendations to look through and was careful not to specifically single one out for me. I chose La Caixa and they made the initial appointment with the manager. He was great, spoke excellent English and guided me through the whole process. The bank has ...

...been great so far although I couldn't say if they were any better or worse than any other. What I do like is that the website is in English for my online banking and the ATM is also in English. I am finding this a real bonus until the Spanish lessons kick in !

Like others here, I also took the first year house insurance with them as they offered a good incentive to do so.

Good Luck.

Colin

thanks very much Griff all help and advice much appreciated.

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