Opening a bank account - Banking and finances in Villamartin - Villamartin forum - Costa Blanca forum in the Alicante province of Spain
AA Free English TV
Thy Will Be Done
Espana Dream Properties
interior building work
Airport Service Taxi Mil Palmeras  Torre de la Horadada
Blacktower Financial Management
Expat Services
Car Key Solutions
Jennifer Cunningham Insurances SL
James Spanish School
Costa Blanca Building Specialists
ASSSA Insurance
Gentlevan Removals
Gran Alacant Insurances

Join the Villamartin forum

Join the Villamartin forumMy name's Alex and this is my website all about Villamartin in Spain. Register now for free to talk about Banking and finances in Villamartin and much more!

Opening a bank account

Posted: Mon May 30, 2022 12:02pm
6 replies149 views3 members subscribed
PeaPea9

Posts: 40

1 helpful points

Location: Villamartin

Joined: 20 Oct 2019

Hi .....anyone know if it's possible to open a Spanish bank account, before buying a property here?

Asking for family member who's still living In UK but wants to live here....

Thank you 

tebo53

Posted: Mon May 30, 2022 1:11pm

tebo53

Legendary helpful member

Posts: 4776

4960 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Mon May 30, 2022 1:11pm

PeaPea9 wrote on Mon May 30, 2022 12:02pm:

Hi .....anyone know if it's possible to open a Spanish bank account, before buying a property here?

Asking for family member who's still living In UK but wants to live here....

Thank you 

You certainly can open a bank account here and you don't need to have a property to be able to do it.

You will probably need to be present at the bank to sign all the paperwork and prove who you are.

Don't forget that non residents are charged quite heavily on Spanish bank accounts. 

If your friend is thinking about living in Spain then a Spanish account with some cash deposited regularly will help them with the application for a visa for residency. 

Steve 

PeaPea9

Posted: Mon May 30, 2022 4:53pm

PeaPea9

Original Poster

Posts: 40

1 helpful points

Location: Villamartin

Joined: 20 Oct 2019

Posted: Mon May 30, 2022 4:53pm

tebo53 wrote on Mon May 30, 2022 1:11pm:

You certainly can open a bank account here and you don't need to have a property to be able to do it.

You will probably need to be present at the bank to sign all the paperwork and prove who you are.

Don't forget that non residents are charged quite heavily on Spanish bank accounts. 

If your friend is thinking about living in Spain then a Spanish account with some cash deposited regularly will help them with the application for a visa for residency. 

Steve 

Thank you so much Steve, that's a very helpful reply 👍😊

Stevec61

Posted: Tue May 31, 2022 10:01am

Stevec61

Super helpful member

Posts: 1430

1200 helpful points

Location: Playa Flamenca

Joined: 3 Jan 2016

Posted: Tue May 31, 2022 10:01am

PeaPea9 wrote on Mon May 30, 2022 4:53pm:

Thank you so much Steve, that's a very helpful reply 👍😊

Your friend will need an N.I.E number to open a bank account

Advertisement - posts continue below

YvonneF

Posted: Sun Jun 5, 2022 7:34pm

Posts: 53

17 helpful points

Location: Torrevieja

Joined: 26 Jan 2022

Posted: Sun Jun 5, 2022 7:34pm

Stevec61 wrote on Tue May 31, 2022 10:01am:

Your friend will need an N.I.E number to open a bank account

I've just opened an account with Sabadell prior to moving here in a few weeks. It's a non-residents account for now, but will be exchanged for a residents account when I have a residency card. I don't have a NIE number yet - my lawyer is applying for that for me. So not needed to open a bank account.

Stevec61

Posted: Sun Jun 5, 2022 8:08pm

Stevec61

Super helpful member

Posts: 1430

1200 helpful points

Location: Playa Flamenca

Joined: 3 Jan 2016

Posted: Sun Jun 5, 2022 8:08pm

YvonneF wrote on Sun Jun 5, 2022 7:34pm:

I've just opened an account with Sabadell prior to moving here in a few weeks. It's a non-residents account for now, but will be exchanged for a residents account when I have a residency card. I don't have a NIE number yet - my lawyer is applying for that for me. So not needed to open a bank acco...

...unt.

Apologies for stating an N.I.E is needed for opening a bank account, that was my understanding but obviously not the case !

204Innsworth

Posted: Sun Jun 12, 2022 9:32am

Posts: 29

7 helpful points

Location: Villamartin

Joined: 24 Sep 2020

Posted: Sun Jun 12, 2022 9:32am

Yes you can as we did it last year. You need an NEI number first, then an address. We got our number then got a long term rental then the bank account. All has been fine for the last year. Hope this helps.

Sign up for free or login to reply to this topic

Want to reply to this topic? Login or register for free to post your message:

Find more Banking and finances topics from a particular area:


Register for free!

Login to your account

AA Free English TV
Thy Will Be Done
Espana Dream Properties
interior building work
Airport Service Taxi Mil Palmeras  Torre de la Horadada
Blacktower Financial Management
Expat Services
Car Key Solutions
Jennifer Cunningham Insurances SL
James Spanish School
Costa Blanca Building Specialists
ASSSA Insurance
Gentlevan Removals
Gran Alacant Insurances
Advertise your business here
Advertise your property
Help with my computer