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Best bank for savings

Posted: Mon Aug 24, 2020 2:49pm
1 reply54 views2 members subscribed
mark1962

Posts: 8

Location: Valle Del Sol

Joined: 11 Jul 2020

Hi

I am looking at bank which to use to deposit funds in before we buy a property in Spain, I am comparing the UK banks and am wondering about Spanish banks, I already have a Santander account in Spain, any ideas welcome. 

Thank you Mark

Barbara50

Posted: Mon Aug 24, 2020 8:29pm

Barbara50

Helpful member

Posts: 263

109 helpful points

Location: Mula

Joined: 22 Dec 2019

Posted: Mon Aug 24, 2020 8:29pm

mark1962 wrote on Mon Aug 24, 2020 2:49pm:

Hi

I am looking at bank which to use to deposit funds in before we buy a property in Spain, I am comparing the UK banks and am wondering about Spanish banks, I already have a Santander account in Spain, any ideas welcome. 

Thank you Mark

If you want to pay your purchase deposit, final funds and utility direct debits free of charge,  use Transferwise.  I also have a Starling Bank account which accommodates both gbp and euros in the same account/same bank card. With Starling, all you are charged for is withdrawing funds from a cash machine in Spain (and this is something that can't be avoided). The service and efficiency of both Transferwise and Starling are brilliant.  Good luck!

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