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Do all Spanish banks Charge for Money going In to account ?

PostPosted: Wed Aug 10, 2016 9:51 am
by Eltel01
Hi All,


Being very new to Spanish bank account practices in Spain, I must admit to being a little Amazed that we get charged fees for putting money into our account ???

I have had many bank accounts not only in UK but also as a contractor in Holland and Belgium and have never before seen anything like this.

Any advice please ?

thanks.

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Wed Aug 10, 2016 10:30 am
by valenciasman
I recommend Sabadell especially if you are resident. No charges

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Wed Aug 10, 2016 11:27 am
by freddo
No charges only if you have an Expansion account and have 700€ paid in every month

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Wed Aug 10, 2016 11:33 am
by Jan
Banks should not charge for accepting payments (as said above Sabadell don't charge for this at all and we only have a normal current account!) but a charge will most prob be made by UK bank who transfer funds - Most UK banks charge a transfer fee to foreign accounts.

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Wed Aug 10, 2016 11:47 am
by sunworshipper
Bankia do not charge to put money in. Their maintenance charges ( and service in Quesada branch ) is better than Sabadell Quesada branch.

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Wed Aug 10, 2016 11:58 am
by valenciasman
I find Sabedell online system is excellent. Freddo quite rights says you need to pay in a minimum of 700 euros a month but UK pension covers that, at the moment.

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Wed Aug 10, 2016 12:42 pm
by scubydoo
Hi you can put money into the Sabedell Key Account and do not have to have anything going in monthly and there is no limit unles it is from a non EEU country then the limit is 50,000 euros

Caixabank charge for anything over 25,000 euros

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Wed Aug 10, 2016 4:35 pm
by valenciasman
Are there charges on the Sabadell Key Account for residents?

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Fri Sep 23, 2016 5:26 pm
by Redwoodslady
We got charged by Bankinter because apparently the money from the UK went in too fast.

Re: Do all Spanish banks Charge for Money going In to accoun

PostPosted: Thu Jan 12, 2017 10:16 am
by Murt
Bankinter did not charge us for lodging less than e20k at a time. Problem was that they wanted to charge us a .5& commission when we wanted to withdraw the money to complete the purchase, unless we took out their house insurance.

This annoyed me so much that I closed off my account with them as soon as possible, and when the insurance ran out, I reinsured with another company