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Opening a Bank Account

Posted: Fri Apr 19, 2024 2:47pm
4 replies4 members subscribed
Craigs123

Posts: 7

2 helpful points

Location: Sucina

Joined: 26 Feb 2023

Hi & good afternoon...

We are visiting HR in a couple of days for a couple of weeks holiday. We are looking at long term visits soon and need to open a bank account. Is this possible without a permanent address there yet ?. Just want to get an account opened and ready for our future longer term or permanent stays.

Any help appreciated.

Craig.

Samjayne70

Posted: Fri Apr 19, 2024 4:13pm

Posts: 105

31 helpful points

Location: Cartagena

Joined: 14 Jun 2020

Posted: Fri Apr 19, 2024 4:13pm

If you use resolute or wise there are no fees, Spanish banks have large fees. So wouldn’t recommend unless you really need it.

Craigs123

Posted: Fri Apr 19, 2024 4:20pm

Craigs123

Original Poster

Posts: 7

2 helpful points

Location: Sucina

Joined: 26 Feb 2023

Posted: Fri Apr 19, 2024 4:20pm

Samjayne70 wrote on Fri Apr 19, 2024 4:13pm:

If you use resolute or wise there are no fees, Spanish banks have large fees. So wouldn’t recommend unless you really need it.

Hi and thanks for the prompt information.

Do the Spanish banks even charge for the online accounts ? i was looking at the Cajamar Bank in Sucina Village and their online accounts and going to pop in next week and try an open one.

Many thanks again.

eduardo3332

Posted: Sat Apr 20, 2024 4:06pm

eduardo3332

Super helpful member

Posts: 1596

1195 helpful points

Joined: 21 Jan 2016

Posted: Sat Apr 20, 2024 4:06pm

Craigs123 wrote on Fri Apr 19, 2024 4:20pm:

Hi and thanks for the prompt information.

Do the Spanish banks even charge for the online accounts ? i was looking at the Cajamar Bank in Sucina Village and their online accounts and going to pop in next week and try an open one.

Many thanks again.

Wise and Revolut are not actually Banks but currency exchange companies that offer some banking facilities, debit card which you will pay a fee when withdrawing cash at ATMs dirct debit facilities.

Cajamar Wefferent account is their online account Sabadell also have an online account both have free banking facilities Sabadell offers 3% discount on utility bills paid by add.

I do believe however you would need a Spanish address and mobile phone number

Make an appointment go into a branch explain your Situation an ask for best solution to your dilemma.

I have wefferent and sabadell accounts and find them excellent I also have a Wise account which I use to transfer money when the exchange rates are suitable to my needs

Tom999

Posted: Mon Apr 22, 2024 9:50am

Posts: 72

13 helpful points

Location: La Tercia

Joined: 13 Aug 2021

Posted: Mon Apr 22, 2024 9:50am

eduardo3332 wrote on Sat Apr 20, 2024 4:06pm:

Wise and Revolut are not actually Banks but currency exchange companies that offer some banking facilities, debit card which you will pay a fee when withdrawing cash at ATMs dirct debit facilities.

Cajamar Wefferent account is their online account Sabadell also have an online account both have free banking facilities Sabadell offers 3% discount on utility bills paid by add....

...

I do believe however you would need a Spanish address and mobile phone number

Make an appointment go into a branch explain your Situation an ask for best solution to your dilemma.

I have wefferent and sabadell accounts and find them excellent I also have a Wise account which I use to transfer money when the exchange rates are suitable to my needs

Hi

We found the Cajamar bank in Sucina to be very helpful. The cashier actually put on her coat and came outside to show us how to work the ATM.

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