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Banking in spain for residents

PostPosted: Sun Nov 01, 2020 8:26 am
by Macey02
Hi can anybody give me any information as to the best bank to use now I have my residencia, I have found two online banks BBVA online and Cajamar wefferent with no charges as long as you bank online only.
Are these accounts any good for direct debits etc any information would be very helpful. I do not receive my old age pension yet.

Re: Banking in spain for residents

PostPosted: Sun Nov 01, 2020 9:27 am
by Floreus
Santander is good....more facilities, better online banking

Re: Banking in spain for residents

PostPosted: Sun Nov 01, 2020 10:23 pm
by daz
There are several banks in the area that offer fee free accounts wether you are resident or not. As a non resident I did the same as I would in U.K., I walked into a couple of branches and asked for what I wanted to suit my own circumstances. As no one else knows what personal to you, that may help if u try that. Also, It’s been done many times on here, so might save u some time if you do a search on here for related posts on fee free banking. Good luck

Re: Banking in spain for residents

PostPosted: Mon Nov 02, 2020 8:23 am
by Diane daya vieja
We are residents and bank with Sabadell no charges. We are pensioners and have one pension coming in every three months. That was the only stipulation for free banking for pensioners to have a pension paid in. All our other pensions go to our uk account and use a Revolut card

Re: Banking in spain for residents

PostPosted: Mon Nov 02, 2020 8:53 am
by Macey02
Thanks for your comments looks like I will have to do a little bit more research

Re: Banking in spain for residents

PostPosted: Mon Nov 02, 2020 9:35 am
by 344dreamhills
Hi
Can someone tell me which bank has no charges for a non resident account and what are the conditions do you have to pay in a certain amount each month or maintain a certain balance

Re: Banking in spain for residents

PostPosted: Mon Nov 02, 2020 11:05 am
by PGA
344dreamhills wrote:Hi
Can someone tell me which bank has no charges for a non resident account and what are the conditions do you have to pay in a certain amount each month or maintain a certain balance



I have a Santander Zero account. Must pay in €600 PCM and I must invest at least €100 PCM into one of their savings funds. You can withdraw the investments whenever you want (the next day should you so wish).