New Comers Guide

  • Home
  • Página de ejemplo
  • Notas de prensa
  • NOTICIAS:
    • What non-EU citizens need to travel around Europe | Documents 9 enero, 2014
    • What a European must do to live in Spain 18 diciembre, 2013
    • How to find accommodation in Spain 17 diciembre, 2013
    • How to get the Work Permit in Spain 12 diciembre, 2013
    • What do you need to move by public transport in Madrid?
    • COTIZACIONES EN STREAMING
    • GRÁFICOS COTIZACIONES
    • FINANZAS PERSONALES
  • Bank Account
| 19 noviembre, 2013 - Escrito por: Beatriz Currás

How to open a bank account in Spain

Opening a bank account in Spain will be quite reccomendable especially if you are going to stay in the country for longer that 2 months. Withdrawing money in Spain (just as it happens in other countries) will be much cheaper if your bank account in Spanish that if it is not.

Open Bank Account in Spain

¿What do I have to do to open a Bank Account in Spain?

Regardless of your nationality, you must prove your status as a resident or nonresident in order to open a bank account in Spain.

If you have already formalized your residence status and you have the necessary papers that prove it, the only thing you will have to show at the bank will be these papers and your passport (or identity card if you are a EU-resident).

In the contrary, if you are a non-resident, you will have two options:

  • In the first place, you can show up with your passport and a photocopy it in the Dirección General de Policía (in Madrid, it is in General Pardifias street , no. 90 ) and apply for a «certificate of residence». Approximately ten days later, you will have to go back there to pick it up.
  • The second option consists on going directly to the bank just presenting your passport. In this case, it is the bank that requests the certificate of non-residence with the authorization that you will have signed at that time. The account will not be open and operational until the bank receives the said certificate, being blocked during that period the funds deposited. The cost of this transaction will be around 15 euros.

 

¿Is there a minimum amount required?

No, it doesn’t. It is possible to open any bank account without depositing any money. Anyways, be careful with this type of commissions, they can be really expensive.

¿Where is it better to open the bank account?

I you are a student in a Spanish university, it will probably be easier for you to open your bank account in the bank branch at your campus if you have one.

There are many banks that offer special agreements and conditions for young people under 26, like the lack of opening and maintenance fees.

Major Banks in Spain

  • BBVA ( Banco Bilbao Vizcaya Argentaria )
  •  Banco Santander (Banco Santander Central Hispano)
  • La Caixa
  • Bankia

List of cheaper Banks in Spain

  • ING
  • EVO Banco
  • Banco Espíritu Santo
  • La Caixa

 

 

Publicaciones relacionadas:

  1. What do you need to move by public transport in Madrid?
  2. How to get the Work Permit in Spain
  3. What a European must do to live in Spain

Autor

Beatriz Currás

Artículos relacionados

What do you need to...

12 diciembre, 2013 | Ana Pérez Sanchez

How to get the Work...

12 diciembre, 2013 | Beatriz Currás

What a European must do...

18 diciembre, 2013 | Aitor Agirre

8 responses to “How to open a bank account in Spain”

  1. UGGs For Cheap dice:
    25 noviembre, 2013 a las 3:19 am

    Well done ! Very Usefull

  2. Maria dice:
    26 noviembre, 2013 a las 10:27 pm

    Thank you for the information! It really helped me

  3. Johnson dice:
    1 diciembre, 2013 a las 3:26 pm

    Nice post!!

  4. Cococool dice:
    7 diciembre, 2013 a las 5:30 am

    Like!

  5. Louis Huker dice:
    12 diciembre, 2013 a las 1:11 pm

    Thnks!! Great infortaion, I had it all wrong!

  6. xrnmvqxq dice:
    2 enero, 2014 a las 8:17 pm

    How to open a bank account in Spain | New Comers Guide

Comments are closed.

Buscar en todo FINANCIALRED con Google

ÚLTIMOS ARTÍCULOS

What non-EU citizens need to travel around Europe...

What a European must do to live in...

How to find accommodation in Spain

How to get the Work Permit in Spain

What do you need to move by public...

  • COTIZACIONES EN STREAMING
  • GRÁFICOS COTIZACIONES

España

Productos Financieros

IPC

Productos Financieros

Depósitos

Fondos Cotizados

Fondos de Inversión

Créditos

Préstamos

Seguros

Tarjetas de Crédito

Cuentas Corrientes

Mejores Depósitos

Canal Economía

Noticias Economía

Buscar Trabajo

Vivienda

Declaración de la Renta

Warrants

Cómo Ahorrar Dinero

Cambio Euro Dolar

Canal Internacional

Materias Primas

Forex

Canal Innovación Financiera

Finanzas 2.0

Media

Radio de Finanzas


Condiciones de uso | Responsabilidad

©2025 FinancialRed. Todos los derechos reservados.