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Very High Bank Fees - Page 2

sdb137

Posted: Thu Apr 1, 2021 10:53am

sdb137

Very helpful member

Posts: 1020

628 helpful points

Location: Camposol

Joined: 21 Jan 2018

Posted: Thu Apr 1, 2021 10:53am

Rayowen wrote on Thu Apr 1, 2021 7:56am:

We are still in SEPA.

It's against the law for Sabadell, or anyone else to charge whilst we are still in SEPA.

They have just out up my quarterly fee to €40, but no fees.

Thanks to Roland, I have set up accounts with Wise (formerly Transferwise).

There are no, or VERY low charges, but the rate is better than all the others I could find.

Hope this helps.

THANKS TO ROLAND AND OTHER POSTERS ABOUT WISE

Spain will ignore the rules, and do what they want, as proved by the charges that did not exist, along with more charges like import taxes, and account management charges.

Yes up to all to find what suits them, we are all different, and go for what we like, and trust.

andyroberts6

Posted: Thu Apr 1, 2021 10:56am

Posts: 55

12 helpful points

Location: Roldán

Joined: 7 Sep 2017

Posted: Thu Apr 1, 2021 10:56am

I was getting €30 charges for UK transfers in with La Caixa from Currencies Direct. 

I contacted CD and they said banks are (deliberately?) mis-interperating the rules and they would refund me the charges and to contact the bank. 

I emailed La Caixa explaining this and they refunded me as well and I haven't been charged since. 

RESULT. 

eviedoll

Posted: Mon Apr 5, 2021 6:00am

Posts: 167

38 helpful points

Joined: 12 May 2019

Posted: Mon Apr 5, 2021 6:00am

sdb137 wrote on Wed Mar 31, 2021 8:45pm:

We have our pensions sent to Currencies Direct and they then pay them into Sabadell bank, and they have had the 18Euro charge stopped, and they refunded our charges, they have been great from day one over 3 years. Speak to Carol in the Camposol office.

Sabadell will try every trick in the book now to get money out of ex pats, they make up their own rules now , and blame Brexit, but thats crap, there is no difference for what was happening  to now what is happening, its pure greed. ...

...

We have 4 pensions paid into sabadell. No charges.  Ok we did take out a very cheap dental ins but it was worth it not to incur any charges. Hope this helps someone 

Rayowen

Posted: Mon Apr 5, 2021 9:39am

Posts: 80

25 helpful points

Location: Camposol

Joined: 23 Jun 2018

Posted: Mon Apr 5, 2021 9:39am

sdb137 wrote on Thu Apr 1, 2021 10:53am:

Spain will ignore the rules, and do what they want, as proved by the charges that did not exist, along with more charges like import taxes, and account management charges.

Yes up to all to find what suits them, we are all different, and go for what we like, and trust.

Ok, if that doesn't work for you, change everything to Wise. I have, and this will stop all your charges and Sabadell will either carry on, or stop charging.

Zaza1963

Posted: Mon Apr 5, 2021 1:51pm

Posts: 47

16 helpful points

Location: Roldán

Joined: 4 Apr 2021

Posted: Mon Apr 5, 2021 1:51pm

sdb137 wrote on Wed Mar 31, 2021 8:45pm:

We have our pensions sent to Currencies Direct and they then pay them into Sabadell bank, and they have had the 18Euro charge stopped, and they refunded our charges, they have been great from day one over 3 years. Speak to Carol in the Camposol office.

Sabadell will try every trick in the book now to get money out of ex pats, they make up their own rules now , and blame Brexit, but thats crap, there is no difference for what was happening  to now what is happening, its pure greed. ...

...

We are leaving this reap off bank! They have become greedy and change the rules and fees whenever it suits them. They blame Brexit for everything when the true reason is that they are going down the drain and are up to their eyeballs with debts

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Lexy57

Posted: Wed Apr 7, 2021 12:09pm

Posts: 29

1 helpful points

Location: Los Alcázares

Joined: 19 Dec 2019

Posted: Wed Apr 7, 2021 12:09pm

Zaza1963 wrote on Mon Apr 5, 2021 1:51pm:

We are leaving this reap off bank! They have become greedy and change the rules and fees whenever it suits them. They blame Brexit for everything when the true reason is that they are going down the drain and are up to their eyeballs with debts

Can I open an account with another Spanish bank whilst in the UK, I am currently with Sabadelland I didn't realise that they are up to their eyeballs with debts?

crissywissy

Posted: Wed Apr 7, 2021 12:13pm

crissywissy

Super helpful member

Posts: 2450

1622 helpful points

Location: Mar Menor

Joined: 26 Sep 2015

Posted: Wed Apr 7, 2021 12:13pm

Lexy57 wrote on Wed Apr 7, 2021 12:09pm:

Can I open an account with another Spanish bank whilst in the UK, I am currently with Sabadelland I didn't realise that they are up to their eyeballs with debts?

94million €s profit last year...not sure if thats the same as up to their eyeballs in debt!!

PhilTox

Posted: Wed Apr 7, 2021 12:25pm

PhilTox

Helpful member

Posts: 544

489 helpful points

Location: Camposol

Joined: 1 Oct 2018

Posted: Wed Apr 7, 2021 12:25pm

crissywissy wrote on Wed Apr 7, 2021 12:13pm:

94million €s profit last year...not sure if thats the same as up to their eyeballs in debt!!

I've been on this forum for a couple of years now and have seen quite a few posters l would pay no heed to. Leave you all to sort them out.......😀

Zaza1963

Posted: Wed Apr 7, 2021 12:34pm

Posts: 47

16 helpful points

Location: Roldán

Joined: 4 Apr 2021

Posted: Wed Apr 7, 2021 12:34pm

crissywissy wrote on Wed Apr 7, 2021 12:13pm:

94million €s profit last year...not sure if thats the same as up to their eyeballs in debt!!

They have millions of repossessed properties in their books which makes them risky. €94 millions profit is not huge.

Lexy57

Posted: Wed Apr 7, 2021 12:45pm

Posts: 29

1 helpful points

Location: Los Alcázares

Joined: 19 Dec 2019

Posted: Wed Apr 7, 2021 12:45pm

Thanks for all the replies, if I wanted can I open another Spanish bank account whilst in the UK?

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