Account Opening Fees
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Does anyone know of any spanish accounts that you can open without putting in 1000 euros or something like that?
Thanks
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What sort of account are you asking about ? I opened my BBVA Spanish bank account with 25€.
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' Do unto others as you would be done by'
Now a non-smoker !
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When Iberian International frogmarched prospective buyers on our inspection trip into one of Cambank's Torrevieja branches) to open accounts many only had a few spare euros as they were not expecting this to happen & I know friends opened with 10 maybe 20€ only. Depends on what you want from your bank. Certain banks want more like 600€ to open a current a/c (Halifax ES basic current a/c for example) but we need to keep plenty in for DDs like water & electricity & community fees.
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When Fadesa opened my account for me at the London branch of Banco Andalucia I paid nothing in and the account ran in deficit for three months because no one told me about the €10 fee for the non resident certificate. Then when I sent over the quarterly payments it would be in credit for a few days and then back in the red. With fees and charges it took about 6 months to get it sorted.
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