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Transferring direct debits to Wise Euro Account

Posted: Fri Jan 14, 2022 12:05pm
43 replies1690 views7 members subscribed
ROADRUNNER

Posts: 9

Location: Camposol

Joined: 17 Dec 2019

Good morning.

I’m going to open a new WISE EUR account but how do you get all the direct debits that pay your Electric,water,solicitors accounts transferred over to your new Wise account?

Thanks


Roland

Posted: Fri Jan 14, 2022 1:21pm

Roland

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Location: Camposol

Joined: 23 Feb 2018

Posted: Fri Jan 14, 2022 1:21pm

You will need to contact all the companies in Spain & give them your Wise bank account details.

There is no switching service like in the UK.

Be aware that some Spanish companies will tell you that you have to use a Spanish IBAN number.

You most certainly do not 

Jan1961

Posted: Sat Jan 15, 2022 4:38pm

Jan1961

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Posts: 240

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Location: Sucina

Joined: 1 Jul 2017

Posted: Sat Jan 15, 2022 4:38pm

Roland wrote on Fri Jan 14, 2022 1:21pm:

You will need to contact all the companies in Spain & give them your Wise bank account details.

There is no switching service like in the UK.

Be aware that some Spanish companies will tell you that you have to use a Spanish IBAN number.

You most certainly do not 

My Solictor said they wouldnt accept Wise for Non Residents Tax so I have  agreed for another Company to do Non residents Tax alot cheaper than Solictor.Only one I am abit wary is council tax I did get response but had to translate did have Wise Account details on response  back so🤞as that wont debit  until June.Its not like UK banks where you can check that it's set up ready.Wise will send notification when they take payment out of the account.

Roland

Posted: Sat Jan 15, 2022 5:01pm

Roland

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Location: Camposol

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Posted: Sat Jan 15, 2022 5:01pm

I am afraid your solicitor is talking rubbish & misleading you.

Of course you can pay your non resident tax from your Wise euro account.

subfiver

Posted: Sun Jan 16, 2022 10:52am

Posts: 36

6 helpful points

Location: Cartagena

Joined: 17 Feb 2020

Posted: Sun Jan 16, 2022 10:52am

I've just done this with my utility DD's moving them to Revolut.

Iberdrola, Hidrogea mobile phone provider were on the ball having processes in place for dealing with non "ES" prefixed IBANS. Their websites might not offer the ability to enter your new account number but they will send you a pdf SEPA DD authorisation form to fill in.

Movistar/Telefonica tell me that they cannot, yet, accept a non-Spanish IBAN - despite it being an EU regulation from 2002 !

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Roland

Posted: Sun Jan 16, 2022 12:51pm

Roland

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Posts: 3534

2595 helpful points

Location: Camposol

Joined: 23 Feb 2018

Posted: Sun Jan 16, 2022 12:51pm

subfiver wrote on Sun Jan 16, 2022 10:52am:

I've just done this with my utility DD's moving them to Revolut.

Iberdrola, Hidrogea mobile phone provider were on the ball having processes in place for dealing with non "ES" prefixed IBANS. Their websites might not offer the ability to enter your new account number but they will send you a pdf SEPA DD authorisation form to fill in....

...

Movistar/Telefonica tell me that they cannot, yet, accept a non-Spanish IBAN - despite it being an EU regulation from 2002 !

Movistar / Telefonica are actually breaking the law.

Have a read of this link it is taken from Wise.com who I use & maybe follow up on reporting those companies ??

https://wise.com/gb/blog/iban-discrimination

subfiver

Posted: Sun Jan 16, 2022 2:29pm

Posts: 36

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Location: Cartagena

Joined: 17 Feb 2020

Posted: Sun Jan 16, 2022 2:29pm

Roland wrote on Sun Jan 16, 2022 12:51pm:

Movistar / Telefonica are actually breaking the law.

Have a read of this link it is taken from Wise.com who I use & maybe follow up on reporting those companies ??

Thanks for this.

Revolut have a similar page - but don't include links to competent national authorities nor the Wise sponsored,and Revolut supported, reporting website.

Cheers 'n' Beers 

Jan1961

Posted: Mon Jan 17, 2022 6:46am

Jan1961

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Posts: 240

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Joined: 1 Jul 2017

Posted: Mon Jan 17, 2022 6:46am

subfiver wrote on Sun Jan 16, 2022 10:52am:

I've just done this with my utility DD's moving them to Revolut.

Iberdrola, Hidrogea mobile phone provider were on the ball having processes in place for dealing with non "ES" prefixed IBANS. Their websites might not offer the ability to enter your new account number but they will send you a pdf SEPA DD authorisation form to fill in....

...

Movistar/Telefonica tell me that they cannot, yet, accept a non-Spanish IBAN - despite it being an EU regulation from 2002 !

I think Emuasa water Company advised me it has to be a Spanish Bank Account I could only change Direct Ďebit to.I replied back to them Wise Accept Sepa Direct Debits and I would report them to Wise.They then sent response back they would do it.

Roland

Posted: Mon Jan 17, 2022 9:43am

Roland

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Location: Camposol

Joined: 23 Feb 2018

Posted: Mon Jan 17, 2022 9:43am

Jan1961 wrote on Mon Jan 17, 2022 6:46am:

I think Emuasa water Company advised me it has to be a Spanish Bank Account I could only change Direct Ďebit to.I replied back to them Wise Accept Sepa Direct Debits and I would report them to Wise.They then sent response back they would do it.

Nice result.

Looks like being persistent works !!

Kevin W

Posted: Mon Jan 17, 2022 12:33pm

Posts: 60

18 helpful points

Location: Fortuna

Joined: 11 Nov 2021

Posted: Mon Jan 17, 2022 12:33pm

I have been reading all the replies to this thread with great interest, having paid quarterly charges to Sabadell for far too long and have now downloaded the Wise app!

One question however.... cash?!!   If I cancel my bank account completely and rely solely on Wise does this mean that I need to access a hole in the wall for my cash requirements... presumably the answer has to be yes?!

Can anyone tell me, is there a (expensive?) charge for withdrawals, and how readily available are cash machines that accept the Wise card?

Cheers,

Kevin

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