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Bank recommendation

Posted: Tue Aug 24, 2021 7:50pm
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Posts: 158

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Hi.

Can anyone recommend a decent bank please to open an account with. Completing on a property in October and will just need an account for the basics (utility direct debits, etc and for holiday funds etc ). Close to la Fuente area please. Reviews I have seen on Sabadell are dreadful but not sure if they relate to a specific branch. Thanks

Posted: Tue Aug 24, 2021 8:16pm

tebo53

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Posted: Tue Aug 24, 2021 8:16pm

GTMK wrote on Tue Aug 24, 2021 7:50pm:

Hi.

Can anyone recommend a decent bank please to open an account with. Completing on a property in October and will just need an account for the basics (utility direct debits, etc and for holiday funds etc ). Close to la Fuente area please. Reviews I have seen on Sabadell are dreadful but not sure if...

 

Read more...

... they relate to a specific branch. Thanks

I've been with Sabadell for 8 years and have been very happy with their services. 

I've seen bad reviews for all banks over the last year or so. Its each to their own!

Steve 

Posted: Tue Aug 24, 2021 8:54pm

GTMK

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Posted: Tue Aug 24, 2021 8:54pm

tebo53 wrote on Tue Aug 24, 2021 8:16pm:

I've been with Sabadell for 8 years and have been very happy with their services. 

I've seen bad reviews for all banks over the last year or so. Its each to their own!

 

Read more...

Steve 

Thank you Steve. That’s useful. Is their online banking ok as well ?

Posted: Tue Aug 24, 2021 9:18pm

tebo53

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Posted: Tue Aug 24, 2021 9:18pm

GTMK wrote on Tue Aug 24, 2021 8:54pm:

Thank you Steve. That’s useful. Is their online banking ok as well ?

Yes the online banking app is virtually all you need to do all everyday banking. Both myself and my wife use the banking app and very rarely need to go into the branch. 

Steve 

Posted: Tue Aug 24, 2021 9:34pm

PedroB

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Posted: Tue Aug 24, 2021 9:34pm

GTMK wrote on Tue Aug 24, 2021 7:50pm:

Hi.

Can anyone recommend a decent bank please to open an account with. Completing on a property in October and will just need an account for the basics (utility direct debits, etc and for holiday funds etc ). Close to la Fuente area please. Reviews I have seen on Sabadell are dreadful but not sure if...

 

Read more...

... they relate to a specific branch. Thanks

I would say just open a ‘Wise’ account. I pay all my utilities through that with no charges. There money exchange rate is had to beat as well. You get a Belgian IBAN which you can use to set everything up in Spain. 

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Posted: Tue Aug 24, 2021 10:06pm

tebo53

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Posted: Tue Aug 24, 2021 10:06pm

PedroB wrote on Tue Aug 24, 2021 9:34pm:

I would say just open a ‘Wise’ account. I pay all my utilities through that with no charges. There money exchange rate is had to beat as well. You get a Belgian IBAN which you can use to set everything up in Spain. 

I also have a Wise account that I use to transfer money from my Barclays account in the UK to my Sabadell account. It takes just seconds to transfer. Highly recommended. 

Steve 

Posted: Tue Aug 24, 2021 10:40pm

GTMK

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Posted: Tue Aug 24, 2021 10:40pm

PedroB wrote on Tue Aug 24, 2021 9:34pm:

I would say just open a ‘Wise’ account. I pay all my utilities through that with no charges. There money exchange rate is had to beat as well. You get a Belgian IBAN which you can use to set everything up in Spain. 

Thank you. Sorry what is a Wise account? Is it a Sabadell account? 

Posted: Tue Aug 24, 2021 11:08pm

PedroB

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Posted: Tue Aug 24, 2021 11:08pm

GTMK wrote on Tue Aug 24, 2021 10:40pm:

Thank you. Sorry what is a Wise account? Is it a Sabadell account? 

No. It’s basically an on-line bank account. Because it’s based in Belgium it’s ideal for using in Spain since brexit. 

Posted: Tue Aug 24, 2021 11:11pm

tebo53

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Posted: Tue Aug 24, 2021 11:11pm

GTMK wrote on Tue Aug 24, 2021 10:40pm:

Thank you. Sorry what is a Wise account? Is it a Sabadell account? 

Here is a link:

https://wise.com/

Steve 

Posted: Tue Aug 24, 2021 11:38pm

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Posted: Tue Aug 24, 2021 11:38pm

Hi, 

I have been banking with Sabadell for about 5 years and can do everything I need online from the UK, so no complaints. 

David.

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