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Posted: Sun Jan 21, 2024 11:28am
Hi, yes I received the exact same message from Sabadell.
A few years ago, I had the same request and uploaded a copy of my payslip on the banking pp. Having retired in July 2021, this time round I uploaded my annual pension statement/salary slip which they accepted without a problem.
Hope this helps.
Posted: Sun Jan 21, 2024 11:41am
MagsMc wrote on Sun Jan 21, 2024 11:28am:
Hi, yes I received the exact same message from Sabadell.
A few years ago, I had the same request and uploaded a copy of my payslip on the banking pp. Having retired in July 2021, this time round I uploaded my annual pension statement/salary slip which they accepted without a problem.
Read more...
Hope this helps.
Hi
Great, thanks for this. Yes, I have uploaded my pension payslip and also spoke to the bank. I will give them a call next week just to double check everything is on order.
Hello
We are non resident and been with sabadell but for many years and not yet received any requests, but that does not mean we won’t do ! Sure if you show them a pension payslip that will suffice ?
Hope it is successful ! It’s always a headache with the banks !!
Julie
Posted: Sun Jan 21, 2024 3:57pm
Julie64 wrote on Sun Jan 21, 2024 3:46pm:
Hello
We are non resident and been with sabadell but for many years and not yet received any requests, but that does not mean we won’t do ! Sure if you show them a pension payslip that will suffice ?
Read more...
Hope it is successful ! It’s always a headache with the banks !!
Julie
Hi Julie
Thanks. Yes, that's strange. It may be worth double checking your message box in your account in case you missed the email, or is it in your spam folder?
I received an email notifying me I had a message in my account on 1 December.
I'll update this thread once the bank have confirmed acceptance.
Regards
Thanks I will double check
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Posted: Mon Jan 22, 2024 10:31am
I have just been through this for myself and my two daughters. It was a massive pain!
Anyway eventually we satisfied Sabadell by each of us providing last years P60 . (Me my pension P60 and the girls their employment P60s) for Financial Standing.
Also we provided recent Pay Slips for the girls and a proof of monthly pension payment for myself.
It appears to have worked.
I also had a face to face with my Branch Manager (good English Speaker) and she confirmed that EVERY Spanish Bank is legally required to untake the exercise.
Posted: Mon Jan 22, 2024 10:42am
Eurosystem0 wrote on Mon Jan 22, 2024 10:31am:
I have just been through this for myself and my two daughters. It was a massive pain!
Anyway eventually we satisfied Sabadell by each of us providing last years P60 . (Me my pension P60 and the girls their employment P60s) for Financial Standing.
Read more...
Also we provided recent Pay Slips for the girls and a proof of monthly pension payment for myself.
It appears to have worked.
I also had a face to face with my Branch Manager (good English Speaker) and she confirmed that EVERY Spanish Bank is legally required to untake the exercise.
Thanks! very useful. I had wondered about using the P60 but I'll check if they are happy with the payslips this week and update.
Posted: Mon Jan 22, 2024 6:21pm
Tworowans wrote on Thu Jan 18, 2024 5:40pm:
In my experience what Sabadell make up for with their irritating account administration policy and procedures is the decent quality of their English speaking staff
My last irritant was September ‘21 when I was asked for my Tax Office address and reference. The reason being a requirement of ‘the FATCA regulation, the Common Reporting Standard (CRS ) and the Royal Decree 1021/2015’...
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...
Imagine their surprise when I asked why it had taken them 6 years to ask me for the data and yet they were giving me a mere 60 days to provide it before blocking my account…
I recommend a telephone call. But don’t forget to complain about the quarterly fee. It’s the law.
Hi, thank you for your insight in Sabadell practices..
I too have a sabadell acct
Can we negotiate these quarterly charges or do you recommend banking elsewhere ?
Thanks
Debbie
DScot wrote on Mon Jan 22, 2024 6:21pm:
Hi, thank you for your insight in Sabadell practices..
I too have a sabadell acct
Read more...
Can we negotiate these quarterly charges or do you recommend banking elsewhere ?
Thanks
Debbie
I’ve been with Sabadell for 9 years
I understand that if you have other facilities with them the quarterly fee will reduce
If I was a resident and had the time to ensure that my Direct Debits were migrated without a hitch then I’d probably go with a neo-bank. First choice is probably the Berlin based N26 (they have a Spanish IBAN and quality consumer feedback)
As it is I use Wise for any/all non-Direct Debit spending when I’m in Spain. I put GBP on Wise and use it to buy EUR when the FX rate is ok. The EUR’s are either sent to Sabadell direct and/or retained for day to day expenses
All the best
Posted: Tue Jan 23, 2024 2:42am
Very helpful member
Tworowans wrote on Mon Jan 22, 2024 7:37pm:
I’ve been with Sabadell for 9 years
I understand that if you have other facilities with them the quarterly fee will reduce
Read more...
If I was a resident and had the time to ensure that my Direct Debits were migrated without a hitch then I’d probably go with a neo-bank. First choice is probably the Berlin based N26 (they have a Spanish IBAN and quality consumer feedback)
As it is I use Wise for any/all non-Direct Debit spending when I’m in Spain. I put GBP on Wise and use it to buy EUR when the FX rate is ok. The EUR’s are either sent to Sabadell direct and/or retained for day to day expenses
All the best
Agreed N26 and Wise the best way to go.
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