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Which bank is best?

Posted: Tue Jun 7, 2022 5:51pm
4 replies108 views4 members subscribed
JKD22

Posts: 39

3 helpful points

Location: Mojacar

Joined: 8 Apr 2022

Hi

Apologies if this has been asked on numerous occasions.

We are just about to complete on a holiday home in Alfaix and our solicitors are going to be opening a bank account on our behalf.  We have the option of Sabadell, Santander or Bankinter. I would appreciate opinions on which is best with regards to charges, local ATMs etc..

Also, as we would be non resident, what would you advise as the most cost effective way to transfer money from the UK to the Spanish account for the bills etc..?

Many thanks.

David1963

Posted: Tue Jun 7, 2022 7:04pm

David1963

Helpful member

Posts: 124

50 helpful points

Location: Roquetas de Mar

Joined: 22 Jun 2019

Posted: Tue Jun 7, 2022 7:04pm

Hello.

We have used Sabadell for the past 15yrs with no problem and currencies direct to transfer funds from sterling to euros again no issues. We have also used WISE and again no problem with transfers.

DarioMartin

Posted: Tue Jun 7, 2022 10:55pm

DarioMartin

Legendary helpful member

Posts: 5342

6309 helpful points

Location: Vera

Joined: 16 Aug 2017

Posted: Tue Jun 7, 2022 10:55pm

Another vote for Sabadell from me - ask about an Expansion account which is 100% fee free.

I use Wise to transfer money - dead easy, no issues, and you can do all operations from an app on the phone

Alicia 11

Posted: Wed Jun 8, 2022 9:14am

Alicia 11

Super helpful member

Posts: 2098

1775 helpful points

Location: Mojacar

Joined: 30 Sep 2019

Posted: Wed Jun 8, 2022 9:14am

WISE is fast and good rates

Biggles172

Posted: Wed Jun 8, 2022 8:57pm

Biggles172

Helpful member

Posts: 447

212 helpful points

Location: Palomares

Joined: 7 Apr 2019

Posted: Wed Jun 8, 2022 8:57pm

Alicia 11 wrote on Wed Jun 8, 2022 9:14am:

WISE is fast and good rates

I use Wise for most transactions but obviously you need a Spanish bank to extract money from.From bitter experience with Sabadell,Santander,BBVA,Cajamar and I ercaja  I am now with Bankinter and so far they have been very good ....

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