Banking

Best advice would be NOT to use a Spanish bank at all.

Use Wise.com instead.

If you must use a Spanish bank look at the Cajamar Wefferent account.

Free to use if you only use it online.

Open a euro wise account. As long as has a BE IBAN, you can pay all your bills through it.

Unfortunately Wise doesn't allow a joint account.

What we have done for joint account is, opened up a HSBC global money account.

Cajamar Wefferent account is free to use for any purchase not only online but face to face for normal shopping it also has free ATM withdrawals in banks throughout Spain.

Remember Wise is not actually a bank this link is from them explain why. https://wise.com/us/blog/wise-as-bank-account

I will point out I have used Wise as it is called now ever since it started as Transferwise in 2011, I also have had a Cajamar Wefferent account since 2018

Hi. We use Caixa bank situated on Camposol B sector, we have used them since our move over here 6yrs ago, we have had no problems whatsoever,  we are not charged as we have a set amount of money transferred in,  each month and have DDs going out of our joint account. 

Hope thus helps you.

Xx

Thanks very much  that helps

After 22 years of using CaixaBank formerly Bank de Valencia we have changed to having a wise account. Although we transferred money monthly we were still paying €140 per year fees + €35 for a bank card! Please be aware if you have a joint account and one person dies then their half of the account is frozen til taxes are paid - takes 2 to 3 months!! 
Just happened to my neighbour who had to add more money so her ‘half’ of the account had enough money in to pay the bills !!! 

Another vote for Wise from me.

Everything goes through it, and easy to top up with trasfer or debit card.

Hi All

I am in the process of buying a bungalow in Santa  Ana De La Ribera

I need to open a bank account to pay the taxes etc

Wise. Com sounds good,but What is the catch and what is the minimum per month you have to lodge etc,

How do they make their money ?

Would Revolut  bank not be as good or better

I would appreciate any advice

Kind regards

Michael

Both Wise and Revoult are not banks but currency transfer companies. You can of course pay your direct debits through theses companies however the debit card you will receive will incur charges at any ATM in Spain.

I use wise to transfer money and have a Cajamar Weffernt online account for my debit card, no charges for account or ATM

https://www.cajamar.es/en/particulares/productos-y-servicios/ahorro-e-inversion/cuentas-a-la-vista/pack-wefferent/