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Bank

Posted: Wed Mar 10, 2021 6:04pm
7 replies125 views2 members subscribed
Billgill

Posts: 47

18 helpful points

Location: Hacienda Riquelme

Joined: 8 Mar 2021

Hi 

Can anyone tell me what the banking facilities are in sucina as we need to open a Spanish account

Many thanks 

Billgill

Stevie100

Posted: Wed Mar 10, 2021 8:51pm

Stevie100

Helpful member

Posts: 274

276 helpful points

Location: Sucina

Joined: 24 Feb 2020

Posted: Wed Mar 10, 2021 8:51pm

Billgill wrote on Wed Mar 10, 2021 6:04pm:

Hi 

Can anyone tell me what the banking facilities are in sucina as we need to open a Spanish account

Many thanks 

Billgill

There are 2 banks in Sucina. The Cajamar Caja Rural and the Cajamurcia. 

Billgill

Posted: Thu Mar 11, 2021 9:58am

Billgill

Original Poster

Posts: 47

18 helpful points

Location: Hacienda Riquelme

Joined: 8 Mar 2021

Posted: Thu Mar 11, 2021 9:58am

Stevie100 wrote on Wed Mar 10, 2021 8:51pm:

There are 2 banks in Sucina. The Cajamar Caja Rural and the Cajamurcia. 

Many thanks

Jan1961

Posted: Thu Mar 11, 2021 12:34pm

Jan1961

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Posts: 240

98 helpful points

Location: Sucina

Joined: 1 Jul 2017

Posted: Thu Mar 11, 2021 12:34pm

Stevie100 wrote on Wed Mar 10, 2021 8:51pm:

There are 2 banks in Sucina. The Cajamar Caja Rural and the Cajamurcia. 

Some people have posted to open a Wise Account used to be Transferwise.Seemly no Chargers and able to set up DDR from it.I have bn thinking about it just need help transferring all DDR from Sabadell Bank to a Wise Euro Account.Might be something I'd need to ask a Solicitor to carry out for me.As Sabadell are ridiculously high.

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Stevie100

Posted: Thu Mar 11, 2021 1:37pm

Stevie100

Helpful member

Posts: 274

276 helpful points

Location: Sucina

Joined: 24 Feb 2020

Posted: Thu Mar 11, 2021 1:37pm

Jan1961 wrote on Thu Mar 11, 2021 12:34pm:

Some people have posted to open a Wise Account used to be Transferwise.Seemly no Chargers and able to set up DDR from it.I have bn thinking about it just need help transferring all DDR from Sabadell Bank to a Wise Euro Account.Might be something I'd need to ask a Solicitor to carry out for me.As ...

...Sabadell are ridiculously high.

I use Transferwise (now called Wise) all the time for one off transfers to my Sabadell account, but you should bear in mind that although Wise is authorised by the FCA, it is not part of the FSCS (Financial Services compensation scheme). Wise has instead what it calls safeguarding, where your money is ring fenced within financial institutions or banks. If the financial institution or bank went bust (at one time seemed impossible) with your money in it, you lose your money.

Billgill

Posted: Thu Mar 11, 2021 1:43pm

Billgill

Original Poster

Posts: 47

18 helpful points

Location: Hacienda Riquelme

Joined: 8 Mar 2021

Posted: Thu Mar 11, 2021 1:43pm

Stevie100 wrote on Thu Mar 11, 2021 1:37pm:

I use Transferwise (now called Wise) all the time for one off transfers to my Sabadell account, but you should bear in mind that although Wise is authorised by the FCA, it is not part of the FSCS (Financial Services compensation scheme). Wise has instead what it calls safeguarding, where your mon...

...ey is ring fenced within financial institutions or banks. If the financial institution or bank went bust (at one time seemed impossible) with your money in it, you lose your money.

Many thanks for all your replies

Jan1961

Posted: Thu Mar 11, 2021 1:45pm

Jan1961

Helpful member

Posts: 240

98 helpful points

Location: Sucina

Joined: 1 Jul 2017

Posted: Thu Mar 11, 2021 1:45pm

Stevie100 wrote on Thu Mar 11, 2021 1:37pm:

I use Transferwise (now called Wise) all the time for one off transfers to my Sabadell account, but you should bear in mind that although Wise is authorised by the FCA, it is not part of the FSCS (Financial Services compensation scheme). Wise has instead what it calls safeguarding, where your mon...

...ey is ring fenced within financial institutions or banks. If the financial institution or bank went bust (at one time seemed impossible) with your money in it, you lose your money.

Hi Thanks for your information I thought they may have been Covered.May have to enquire with the banks up Sucina to see if they do free banking and they switch Ddr for you.

Roland

Posted: Thu Mar 11, 2021 3:36pm

Roland

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Posts: 3535

2596 helpful points

Location: Camposol

Joined: 23 Feb 2018

Posted: Thu Mar 11, 2021 3:36pm

The Cajamar Wefferent account is the one you want if you really want a Spanish bank account.

It can only be opened in a branch.

Use the search facility at the top of this page for 'Banking' or 'Free Banking'.

Lots of info there.

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