Spanish bank account

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Opening a Spanish bank account

Possibilities for foreigners

As a foreigner, you can open a bank account in Spain. In principle, you can do this at any bank, but not all banks offer a smooth process and good service to foreigners. We recommend you to choose a Spanish bank that is internationally oriented. It is more comfortable to settle financial matters in English and not in Spanish. Always check if there is online banking in English, very handy when you do not speak sufficient Spanish.

WeCare Mortgages can even open a Spanish bank account with English speaking staff. How easy!

Opening a Spanish bank account from a distance

WeCare Mortgages can open a Spanish bank account for you. A NIE number is not required.

The costs for having a Spanish bank account are €30 per quarter. For this you will receive the following:

  • a Master debit card and a credit card on request
  • free online banking
  • free and unlimited automatic transfers
  • free bank transfers within Europe up to €50.000

If you register as a resident in Spain, the costs are often lower. And if you transfer monthly income to your bank account there are often no charges at all.

WeCare Mortgages charges a one-time fee of €100,-. for opening a bank account with BancSabadell.

Do you have any questions about opening a bank account? Please do not hesitate to contact us. We are glad to help you.

Choice between different types of accounts

Depending on what you are planning to do with your Spanish bank account you can choose from different types of accounts. When your salary will be paid into this account you can choose for a special salary account which will give you certain advantages.

As an owner of a second home you can open a Spanish bank account to pay your monthly costs. Nowadays you can also pay the Spanish utility companies via a foreign account. However, not all Spanish companies accept foreign bank account numbers.

It is also possible to open a Spanish bank account in a company name if you also have a Spanish VAT number.


Do you have any questions?

We care!

Please contact our specialists at +34 952 263 023 or send us an email.

Do you need help opening a bank account in Spain?




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