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Sabadell Bank charges

Posted: Wed Jun 26, 2019 9:25pm
18 replies900 views10 members subscribed
DaveK

Posts: 32

Location: Camposol

3 helpful posts

Hi All,

Opened current account with Sabadell this year. Got charged fees of 29 euros in March. I thought fair enough that must be the charge for the    year. Now I have just had another fees charge of 35 Euros. Is this right? Do they roughly charge 30 Euros every 3 months to use your own account? This seems high to me, roughly 120 Euros a year in bank fees. Any help/advice would be most kind.

Cheers Dave

Roland

Roland

Very helpful member

Wed Jun 26, 2019 10:07pm

Posts: 901

Location: Camposol

530 helpful posts

Posted: Wed Jun 26, 2019 10:07pm

Bankia bank charge me 5 euro per month so your charges sound very high to me.

People that use Sabadell will have more info for you I am sure

PaulandSandra

Wed Jun 26, 2019 10:47pm

Posts: 29

Location: Camposol

17 helpful posts

Posted: Wed Jun 26, 2019 10:47pm

Hi Dave,

We’re with Sabadell and our charges are about the same, I did query this and was told that this is because we are not residents, ours is a holiday home. They did offer free banking but wanted us to transfer around a €1000 monthly which was much more than I need to cover bills etc. It’s one thing buying a villa in Spain but you also have the ongoing costs when not here. If anyone does know of cheaper banking that would be good to know but we were told, it’s not UK.

Paul&Sandra

DaveK

DaveK

Original Poster

Wed Jun 26, 2019 11:06pm

Posts: 32

Location: Camposol

3 helpful posts

Posted: Wed Jun 26, 2019 11:06pm

Thanks Paul & Sandra, we are the same and it is a holiday home. Hopefully someone else will reply with a cheaper alternative

Cheers Dave

Roland

Roland

Very helpful member

Thu Jun 27, 2019 8:54am

Posts: 901

Location: Camposol

530 helpful posts

Posted: Thu Jun 27, 2019 8:54am

10 euro per month for a bank account is way too much.

eraser

Thu Jun 27, 2019 10:38am

Posts: 78

Location: Mar De Cristal

45 helpful posts

Posted: Thu Jun 27, 2019 10:38am

We are with cajamar - mainly online banking, debit card, cash withdraw up to E3000,00 a go and its free!!!

paulsav

paulsav

Helpful member

Thu Jun 27, 2019 1:14pm

Posts: 116

Location: Yecla

89 helpful posts

Posted: Thu Jun 27, 2019 1:14pm

We too are with Cajamar, and it took 3mnths of investigating before I found they offer free banking to non residents(and seem like only Spanish bank that do). No restrictions, no monthly deposits, only drawback is their app isnt in english and google translate doesnt work with it, but website translates and their staff in 2 branches near me have no english either, but we are very much inland. Maybe your Camposol area will have english speakers as its an expat area. Leave Sabadell quick. You cant cancel from Uk has to be in person at your branch and Cajamar needs opening in person not online as your id for online isnt accepted. Also I took all our direct debit info from Sabadell,s statements and they did the switch, but I followed them up myself as they didnt come out when expected so suggest you do that bit yourself.

Good luck

Pauline.

rma44

rma44

Helpful member

Thu Jun 27, 2019 1:42pm

Posts: 423

220 helpful posts

Posted: Thu Jun 27, 2019 1:42pm

DaveK wrote on Wed Jun 26, 2019 9:25pm:

Hi All,

Opened current account with Sabadell this year. Got charged fees of 29 euros in March. I thought fair enough that must be the charge for the    year. Now I have just had another fees charge of 35 Euros. Is this right? Do they roughly charge 30 Euros every 3 months to use your own account? This seems high to me, roughly 120 Euros a year in bank fees. Any help/advice would be most kind.

Cheers Dave

Yes that is right. It's expensive for non residents but you need to consider service as well. My Sabadell branch have always been very helpful and speak good English as well. I suppose you get what you pay for.

Jaynie

Thu Jun 27, 2019 2:21pm

Posts: 30

Location: Camposol

14 helpful posts

Posted: Thu Jun 27, 2019 2:21pm

Try Ing Direct - no charges. There are a few branches in case of need but otherwise all online and all free

DaveK

DaveK

Original Poster

Thu Jun 27, 2019 7:26pm

Posts: 32

Location: Camposol

3 helpful posts

Posted: Thu Jun 27, 2019 7:26pm

Hi All

Thank you very much for all the tips so far, I will look into them all. It's the transferring of the direct debits, water, electric that I'm most worried about. Don't want to get cut off! Anyone use Caixa bank?

Cheers Dave

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