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Changing Banks

Posted: Fri Apr 21, 2017 12:59pm
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rma44

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Hi.

Does anyone have any first hand experience of changing banks in Spain? I'm currently with Sabadell who charge a lot for looking after my money, and I'm thinking of going BBVA online which charges nothing.

Any comments greatly appreciated

Posted: Sat Apr 22, 2017 8:57am

Trisha28

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Posted: Sat Apr 22, 2017 8:57am

We are just about to open account with Sabadell... We were under the impression there were no charges... We will now check this... What sort of account do you have with them?

Trish

Posted: Sat Apr 22, 2017 9:58am

rma44

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Posted: Sat Apr 22, 2017 9:58am

Hi Trish

I have a normal current account and they have just increased the annual charge to 120€ (without even notifying me). I use the account online and have D/Debits to pay all bills. BBVA have an online account which is totally free. I used Halifax when they operated here, but those days have gone I'm afraid. You won't get any interest paid either.

Hope that helps

Rod

I would be interested if any other forum user is with BBVA.

Posted: Sat Apr 22, 2017 11:09am

Trisha28

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Posted: Sat Apr 22, 2017 11:09am

Thanks Rod

We will check about this... We will be in Spain next week to pick up the keys to our new home and it may be that we are changing over too!

Trish

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Posted: Sun Apr 23, 2017 10:29am

crissywissy

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Posted: Sun Apr 23, 2017 10:29am

Sabadell Expancion account is free but only for residents and needs minimum €700 monthly deposit. Other account is €30 per quarter. Some banks look like there are no charges but they charge for withdrawals, dds etc.....

Posted: Sun Apr 23, 2017 11:14am

Trisha28

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Posted: Sun Apr 23, 2017 11:14am

Thanks for that info Crissy.

Looks like we will be changing banks!

Trish

Posted: Sun Apr 23, 2017 11:59am

rma44

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Posted: Sun Apr 23, 2017 11:59am

I don't know about other banks, but BBVA online account is totally free (unless you go overdrawn!). I will be shifting my money from Sabadell next week! I would like to hear from anyone who banks with BBVA, good or bad.

Thanks Rod

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