H myself and my husband are currently looking for a new holiday home in spain . Can we open a bank account before we have an address? Can we set up our nie numbers before we travel over .
Posted: Mon Jul 22, 2019 8:24am
We set up out nie numbers before our purchase, so yes I believe that is possible, however it was done through our solicitor here in Spain, so the new Spanish property address would have been known; the bank account was also set up using our Spanish property address but again prior to completion.
You can set up a spanish bank account from the UK, but it is difficult as they expect you to have nie/mobile and physical addresses here in Spain.
Our bank is Bankinter, and we pay very low fees.
Hope that helps!
Posted: Mon Jul 22, 2019 10:02am
Super helpful member
you can apply for NIE through the Spanish consulate in London. Open a bank account with Sabadell and give them all you details in person when you arrive.
Posted: Mon Jul 22, 2019 10:02am
Super helpful member
you can apply for NIE through the Spanish consulate in London. Open a bank account with Sabadell and give them all you details in person when you arrive.
Thank you very much. That is very helpful
Advertisement - posts continue below
Thank you very much
Posted: Thu Jul 25, 2019 11:10am
I would personally suggest that you not open an account until you have purchased.
Instead I would use an online euro bank that are easily available online. In this way not only will you get better exchange rate when you transfer funds to Spain, but it saves a lot of hassle trying to sort out banking from the UK.
Online banks give you a card and iban number....its all you need to provide for bills etc.
Once you have your home, look around for the best option in banking, bank charges in spain a not the same as the UK so dont just pick any bank, be sure to get the one with the lowest fees.
To be honest if you only need an account for paying bills you could getaway with just using the online euro account bank.
Posted: Thu Jul 25, 2019 1:39pm
This sounds good,; can you give an example of an online euro account? We tried before setting up a spanish bank account, but could not get accepted as we did not have an nie number or a spanish telephone number.!
Thank you very much for that . We will look into an online account
Posted: Sun Jul 28, 2019 8:14pm
Look at setting up Transferwise. You can open a Euro account without an NIE. We obtained our NIE numbers through the Spanish Consulate in London. Are planning to open a Euro bank account on our next visit to Spsin
Popular topics
Properties near San Pedro del Pinatar
Latest Banking and finances topics
Our sponsors
Find more Banking and finances topics from a particular area:
Or view all Banking and finances topics in all of Costa Cálida.