Author Topic: Which Bank  (Read 2623 times)

Offline Cruella de ValTopic starter

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Which Bank
« on: January 26, 2016, 22:47:31 pm »
Visiting Correlejio in February in the hope of purchasing a holiday home.
Have been advised one of the first things we need to do us open a bank account
Which bank would people recommend.
We have Santander in UK
 

Offline decho

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Re: Which Bank
« Reply #1 on: January 27, 2016, 04:17:19 am »
Can't speak for others but we are with sabadell. Good online banking in English and they speak English in the branch. Sometimes a bit slow when getting served in the bank but no worse than others I don't think.
 
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Re: Which Bank
« Reply #1 on: January 27, 2016, 04:17:19 am »

Offline MissEllie

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Re: Which Bank
« Reply #2 on: January 27, 2016, 13:28:43 pm »
Another vote for Sabadell here too. We bought our holiday home last year and this bank was recommended. Everything so easy to open the account and all worked fine since.
 
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Offline Cruella de ValTopic starter

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Re: Which Bank
« Reply #3 on: January 27, 2016, 14:12:44 pm »
Thank you for your help.
Do the charges seem excessive?
 

Offline SheilaW

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Re: Which Bank
« Reply #4 on: January 27, 2016, 20:51:49 pm »
We've been with Sabadell now for 4 trouble-free years. There are charges for a non-resident account, but at least they are transparent. When you become resident (if that's your intention one day) there are free accounts.

However, if you bank with Santander UK there may be advantages to being with them here too.
 
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Offline stevekguy

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Re: Which Bank
« Reply #5 on: March 20, 2016, 10:53:08 am »
I'm with Sabadell in Corralejo. The English speaking staff are really good, particularly Jenny. I did have a 'run in' with them about the cost of my bankers draft, when I bought my flat. They gave me a year's insurance for 45 euros as a sweetener in exchange so all good in the end!
 

Offline SheilaW

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Re: Which Bank
« Reply #6 on: March 20, 2016, 18:42:43 pm »
I'm sure you all know what happens the moment you say something good about a company :(. Well, from the start of last month Sabadell started charging a MINIMUM of €18 for some transfers. Not all transfers, but ones from any of the Channel Islands, Switzerland, Monaco, and maybe a few other places. As our feeder account is in Jersey we're now looking for a new bank :(.
 

Offline stevekguy

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Re: Which Bank
« Reply #7 on: March 21, 2016, 11:00:18 am »
They won't charge you if you transfer in via Currencies Direct
 

Offline dwarak17

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Re: Which Bank
« Reply #8 on: March 22, 2016, 06:03:01 am »
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Offline Logitechtom

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Re: Which Bank
« Reply #9 on: March 23, 2016, 13:23:26 pm »
Another vote in favour of Sabadell (aka SOLBANK).  Staff speak perfect English, Jenny is very helpful.  Take out home insurance if your buying property as you get cheaper banker's drafts (essential for buying), but change insurance company after 1st year.

We bank with Santander UK, so automatically went into Santander in Corralejo - Very poor English spoken and not very helpful staff.  We discovered later that an English speaking gentleman from that branch had recently left the bank (just our luck).

We were told you MUST have an NIE to open the account - rubbish!  We got an introduction letter addressed to Jenny from our solicitor and then account was opened in 15 minutes!

Not happy about the charges, tax etc....., but all banks are the same on that front, so you don't have much choice.

Tom. 
 

Offline Tatts

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Bank Sabadell
« Reply #10 on: July 02, 2016, 12:28:29 pm »
So guys can anyone tell me please what are the non resident Bank Charges at Bank Sabadell?

What Do they charge for a debit card?
What Do they charge for Bank transfers in from UK banks?
What Do they charge for internal transfers to Spanish banks?
Is there a minimum monthly input to avoid charges?
What is the internet banking like?

Thanks a lot

 

Offline Johnrgby2

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Re: Which Bank
« Reply #11 on: July 02, 2016, 12:50:32 pm »
My experience is as follows, I am now a resident, so only pay a biannual charge


What Do they charge for a debit card?------ Nothing
What Do they charge for Bank transfers in from UK banks?-----done via Forex or transferwise etc. nothing
What Do they charge for internal transfers to Spanish banks?------- Nothing
Is there a minimum monthly input to avoid charges?------ I am not 100% sure, but I would guess not as i transfer amounts from UK as and when
What is the internet banking like? -----------------------------Good

They do however make a charge of Circa €22 Quarterly
 

Offline TamaraEnLaPlaya

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Re: Which Bank
« Reply #12 on: July 03, 2016, 01:11:19 am »
Sabadell have an account that carries virtually no charges if you transfer in a minimum of 700€ per month. There will still be a charge every couple of years for verifying that you are still non-resident, seem to remember it was 25 or 30€. I think it is called the Expansion account - you can have a look online, in English (it doesn't have to be a salary, just a monthly deposit).
https://www.bancsabadell.com/cs/Satellite/SabAtl/Cuenta-Expansion:-la-cuenta-nomina-sin-comisiones/1191346505022/en/
 
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Offline Windermeregolfer

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Re: Which Bank
« Reply #13 on: July 03, 2016, 07:28:38 am »
Like Johnrgby2 we use Sabadell and can highly recommend them, our experience of charges is as John's apart from we have to pay to have a second debit card so we have one each.  Its a great service and we couldn't believe how easy and quickly we opened our account back in March ready for buying our property.
 

Offline Johnrgby2

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Re: Which Bank
« Reply #14 on: July 03, 2016, 08:00:47 am »
Like Johnrgby2 we use Sabadell and can highly recommend them, our experience of charges is as John's apart from we have to pay to have a second debit card so we have one each.  Its a great service and we couldn't believe how easy and quickly we opened our account back in March ready for buying our property.

WG

is your account in joint names? we have two debit cards, but did not pay extra.
 

Offline Windermeregolfer

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Re: Which Bank
« Reply #15 on: July 03, 2016, 08:21:00 am »
Like Johnrgby2 we use Sabadell and can highly recommend them, our experience of charges is as John's apart from we have to pay to have a second debit card so we have one each.  Its a great service and we couldn't believe how easy and quickly we opened our account back in March ready for buying our property.

WG

is your account in joint names? we have two debit cards, but did not pay extra.

Hi J still on here as it is a bit early on a Sunday morning to be drilling and hammering :D

Yes it is a joint a/c so I will have to check, it could be as we are not residents and don't currently plan to be.

 

Offline MalT

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Re: Which Bank
« Reply #16 on: July 03, 2016, 08:50:35 am »
We have recently bought a property in corrie and used Sabadell, first class service, good luck with search for house, we spent a week with estate agents! Finally found one we liked by ourselves!