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On line only banking in Spain

Posted: Wed Sep 25, 2019 10:04am
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Posts: 7

Location: Marbella

Joined: 26 Apr 2019

Anyone using Ing banking or similar on line only banking in Spain? Does it avoid the usual high costs associated with banking here. Was it easy to change banks ?

Posted: Thu Sep 26, 2019 2:02pm

SF

Original Poster

Posts: 7

Location: Marbella

Joined: 26 Apr 2019

Posted: Thu Sep 26, 2019 2:02pm

Thank you for that. Is this a sterling bank ? I need to bank in euros.

Posted: Wed Oct 2, 2019 10:17am

Posts: 12

star3 helpful points

Location: Fuengirola

Joined: 20 Apr 2019

Posted: Wed Oct 2, 2019 10:17am

Go for Revolut. Its entirely online and you can have an account in sterling or euros. You'll not find a better euro/sterling exchange rate. You do not need a UK address - can be Spanish; but you will need to scan and send a copy of your passport for identification purposes. 

Posted: Wed Oct 2, 2019 8:08pm

SF

Original Poster

Posts: 7

Location: Marbella

Joined: 26 Apr 2019

Posted: Wed Oct 2, 2019 8:08pm

Thank you . I will check them out immediately.

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Posted: Tue Dec 3, 2019 2:29pm

Posts: 44

star2 helpful points

Joined: 28 Nov 2019

Posted: Tue Dec 3, 2019 2:29pm

personally I opened an account with Moneycorp. I deposit my UK and US pensions and they give a better rate than a bank when changing to Euros.Then you can go online and transfer the Euros to a Spanish bank.

Ana

Posted: Wed Dec 4, 2019 10:04am

Posts: 121

star17 helpful points

Location: La Cala De Mijas

Joined: 10 Nov 2019

Posted: Wed Dec 4, 2019 10:04am

Do they supply a card to use for drawing out cash at atm and use in general and do they charge for withdrawals as starling don’t I think ?

Posted: Wed Dec 4, 2019 10:36am

Posts: 44

star2 helpful points

Joined: 28 Nov 2019

Posted: Wed Dec 4, 2019 10:36am

Hi, they don't charge me but it depends on what type of account..So if they charge, the money you save on the exchange would be gobbled up witht e charge?

They do issue travel cards. I don'rt have one now. Best to ring them and get all the details.

Posted: Wed Dec 4, 2019 3:33pm

Posts: 121

star17 helpful points

Location: La Cala De Mijas

Joined: 10 Nov 2019

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