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We are moving over this month and wanted to ask which is better, have my state pension paid into our Spanish bank or carry on having it paid into our UK bank and transfer it to our Spanish?
Thanks in advance.
Very helpful member
Tue Jul 16, 2019 10:41pm
Yvonne53 wrote on Tue Jul 16, 2019 10:07pm:
We are moving over this month and wanted to ask which is better, have my state pension paid into our Spanish bank or carry on having it paid into our UK bank and transfer it to our Spanish?
Thanks in advance.
My opinion. Into the Spanish bank.
Villas
Tue Jul 16, 2019 10:46pm
Thank you.
Very helpful member
Tue Jul 16, 2019 10:48pm
thanks. you´re welcome. V
Legendary helpful member
Wed Jul 17, 2019 4:18am
Having it paid into a Spanish bank will give you free banking, which will probably be cheaper than trying to take advantage of exchange rate fluctuations.
Wed Jul 17, 2019 8:34am
Thank you Jim, so many things to think about when moving.
Legendary helpful member
Wed Jul 17, 2019 9:31am
Your welcome. Other topics here:
Legendary helpful member
Wed Jul 17, 2019 3:54pm
Have it paid direct into your Spanish bank.
Not only will this show a regular income into your spanish account when it comes to residency, but will reduce the comission you pay as a non-resident.
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Thank you, from Jan and Alex.
