Hi all
Am looking into opening a Spanish bank account as have just bought a property near torrevieja, can anybody recommend which one as Sabadell have extortionate fees which we don't want to pay.
gary1966 wrote on Tue Jan 25, 2022 8:39pm:
Hi all
Am looking into opening a Spanish bank account as have just bought a property near torrevieja, can anybody recommend which one as Sabadell have extortionate fees which we don't want to pay.
Most Spanish banks have high fees for non residents. There are many posters on this forum that have switched to the online banks such as ( the very popular) Wise.com
You can also set up all your direct debits and do money transfers on Wise. You do not get monthly charges. You also get an EU IBAN number.
Steve
Posted: Wed Jan 26, 2022 9:10am
Super helpful member
Hi
To add to what Steve said - Wise will also give you a debit card.
You could get a wise account today, online, it will cost you nothing.
Cheers
Steve
tebo53 wrote on Tue Jan 25, 2022 9:02pm:
Most Spanish banks have high fees for non residents. There are many posters on this forum that have switched to the online banks such as ( the very popular) Wise.com
Read more...
You can also set up all your direct debits and do money transfers on Wise. You do not get monthly charges. You also get an EU IBAN number.
Steve
Thanks Steve
Was looking at opening a wise account just wanted to know other people's opinions
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Posted: Wed Jan 26, 2022 10:22am
gary1966 wrote on Wed Jan 26, 2022 9:36am:
Thanks Steve
Was looking at opening a wise account just wanted to know other people's opinions
Due to us reading posts on here about bank accounts, we opened up an account this week with Wise as we are in a similar position as yourself. We too are completing on a property this coming Friday. All the best.
Dave60 wrote on Wed Jan 26, 2022 10:22am:
Due to us reading posts on here about bank accounts, we opened up an account this week with Wise as we are in a similar position as yourself. We too are completing on a property this coming Friday. All the best.
Thanks Dave60
I think that's what we're going to do .
All the best with your new home
Posted: Tue Feb 1, 2022 1:36am
Caixa Bank are a nightmare. Lost count of how many times they have changed the system and locked me out. They locked me out at start of Covid 19 and told me to call in to sort the problem. Then they stopped all correspondence with me. I couldnt do anything. I had no idea how much was in my account or if my bills were being paid. I hate Caixa.
Posted: Tue Feb 1, 2022 3:21am
We changed from sabadell to weisebest move as we save 200 euros per year. DDs all set up easy to transfer money and get the best exchange rate on the day👍
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