I’ve been meaning to leave Sabadell for a while as their conditions, charges and lack of practical app services are really frustrating. Making a bank transfer. You will then need to print a paper and sign it, as well as take a copy of your passport and NIE. Others may have stricter policies, and they might reject your application without providing any specific reasons. The current account SIN NOMINA is commission-free provided you keep a minimum balance of 2,000 Euro in the account. I have been searching online about this “blacklist” problem, but I can’t find the right answers or links to solve it. You might want to check which companies you will need to work with and decide accordingly. I prefer ING Direct’s and BBVA’s interface, related services and also their facility of withdrawing from other ATMs commission-free. I am stuck in England with little hope of getting to Spain for many months – I am in the high risk group for Covid 19 – and I suddenly have no access to online banking, Use Entities Finder to find relationships between entities, things, concepts and people. Hi! Unless you put minimum of 800 euros a month into the account and accept the obligatory credit card you will be charged for every debit and transaction. Failing that, visit a branch. Is adding money with my linked bank account safe? I’m a non-EU foreigner with legal Spanish residency. If you already have another bank account in Spain and you’re opening another bank account in Spain with a local bank: If you’re opening an account with one of the digital banks: The digital banks (Revolut, TransferWise and N26) only require basic identification to open a bank account with them. !function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)? The best thing about Cuenta ON is that it is completely commission-free. Every country will have a different IBAN length. Thanks for choosing to leave a comment. Do you recommend the BBVA online one? It used to be notoriously tough to get an account, but it’s recently become more straightforward. Monzo is one of the most popular challenger banks. An IBAN is an internationally agreed code of up to 34 letters and numbers that identifies a particular bank account. On the other hand, Bankia offers its website in English and Spanish (apart from Catalan and Valencian), so you can find all the information easily. Or that it represents the right destination. I now can’t just have Sabadell because of the 700 euro entry per month (which currently goes back and forth) I don’t like either due to so many charges and such incompetence (CR). If you’re worried about managing multiple cards, have a look at the solution I found for that further down in the article. There are a number of features that come with each account tier, such as free ATM withdrawals plus exclusive features that come with the Premium and Metal accounts. Banc Sabadell is one of my favorites, if it weren’t for the requirement to make a monthly inbound transfer of at least 700 Euro to keep the account commission-free, I would probably have opened an account with them instead of ING Direct. Your N26 account with Spanish IBAN. The next 2 characters ("KK") specify the check digits, used to confirm integrity of the code. They are truly incompetent. When I arrived in Spain I did not have any payslips to show, so instead, they asked me for statements from the bank account in my country, and that was enough to open the first bank account here in Spain. Jean Galea is a dad, amateur padel player, host of the Mastermind.fm podcast, investor and entrepreneur. I hope to find an answer here, if possible. It seems impossible to open an online acct at BBvA with a european NIE, since those have no photo attached. I have lived in 6 other European countries and I have to say that Spain has the worst banks I have seen (in terms of hidden fees, lacking customer service, and doing simply dumb things like blocking a transfer or an entire account for no reason whatsoever). The most important requirement in order to keep this account commission free is that you conduct all operations online without visiting the branches. Also, minus points for N26 for not even making any mention of this anywhere. Before you even attempt to open a bank account, make sure you have the following documents handy as you will need them. BBVA is consistently rated among the top 3 banks in Spain. Monzo Premium: Banking that makes a statement Turn heads with our white metal card, made from steel. Any help would be greatly appreciated. Banks use these to determine whether the IBAN is in the right format. How can I add money using my linked bank account? Revolut applies a markup of 0.5% on major currencies and 1% on other currencies over the weekend when markets are closed. Greetings. All in all a great experience with this bank so far, apart from the ridiculous questioning of incoming transfers. Monzo Bank Limited is a company registered in England and Wales (No. ES Their Cuenta Expansion, as I mentioned, requires a 700 Euro movement every month, else you will get charged 4 Euro commission per month. ING Direct used to be my favorite local bank, but as of April 2019, I would recommend N26 above ING Direct. It’s a hassle having many cards in your wallet. The most common cases are GBP and USD but this applies to any other non-Euro currency. Only digits. The IBAN bank account numbering format was originally developed to facilitate payments within the European Union and has been implemented by most European countries and multiple countries in the other parts of the world (Middle East and in the Caribbean). Comments for robots They might also ask for things like your rental contract, statement from your foreign bank, tax statements from your previous country of residence etc.