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Looking for a new bank
Posted:
Tue Feb 08, 2022 6:49 pmby lllkb01
We're non residents with a property in Benimar. We bank with Sabadell and have noticed how our bank charges have rocketed. In the last 12 months our fees,( including€30 for a debit card) have topped €240, which, considering that we don't receive paper statements, seems excessive. On average there are only 3/4 items a month passing through the account.
Please can someone recommend a cheaper way of running a bank account in Spain?
Thanks
Re: Looking for a new bank
Posted:
Tue Feb 08, 2022 6:58 pmby marcliff
This has been a subject many times.
Look at the Similar Topics below to see if they answer your questions.
Re: Looking for a new bank
Posted:
Tue Feb 08, 2022 6:59 pmby Paul Uden
There are many discussions of this topic on here. Non-residents can manage without a Spanish bank account. Have a look at Wise:
https://wise.com/es/multi-currency-account/
Re: Looking for a new bank
Posted:
Tue Feb 08, 2022 10:18 pmby El Stevo
I bank with Sabadell on the Quenta expansion account. If you transfer in €700 per month then there’s no charges if you also take their property insurance policy, which I find competitive.
I also use Wise to transfer €’s into the account and get good exchange rates with low costs and fast transfers.
Make an appointment with Sabadell and change your account.
Re: Looking for a new bank
Posted:
Wed Feb 09, 2022 1:25 amby BNT162b2
El Stevo wrote:I bank with Sabadell on the Quenta expansion account. If you transfer in €700 per month then there’s no charges if you also take their property insurance policy, which I find competitive.
I also use Wise to transfer €’s into the account and get good exchange rates with low costs and fast transfers.
Make an appointment with Sabadell and change your account.
Is that account for NON-residents? The OP stated they were non-resident, and the non-resident option on the Santander website charges €16 per month.
https://www.bancosantander.es/en/partic ... in%20Spain.
Re: Looking for a new bank
Posted:
Wed Feb 09, 2022 10:07 amby cdavey
I’m non-resident and opened a Cajamar account. I pay no charges and have a cash card for their ATMs
Re: Looking for a new bank
Posted:
Wed Feb 09, 2022 6:26 pmby cant0003
cdavey wrote:I’m non-resident and opened a Cajamar account. I pay no charges and have a cash card for their ATMs
Where is the nearest Cajamar bank to Quesada is it Guadamar?
Re: Looking for a new bank
Posted:
Wed Feb 09, 2022 6:59 pmby Paul Uden
cant0003 wrote:cdavey wrote:I’m non-resident and opened a Cajamar account. I pay no charges and have a cash card for their ATMs
Where is the nearest Cajamar bank to Quesada is it Guadamar?
Guardamar or Almoradi