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The banking system is very much the same as the UK with ATM machines widely available
as well as internet banking. Spanish banks offer a wide choice of accounts, from current accounts, saving accounts,
credit card and mortgage facilities.
Transfers between your UK account and your Spanish account tend to be efficient and inexpensive however you are
advised to check the charges and exchange rates before you make the transfer at both ends as there maybe
cheaper alternatives available. If you are transferring large amounts there are specialist companies that
As a rule of thumb you will get 1.5 Euro for every pound sterling you change. Therefore if the euro rate goes
up to 1.6 or 1.7 then you will get 1.6 or 1.7 euro for each pound. Should the euro rate drop then the reverse
applies, the higher the euro rate, the more euros you will get for your pounds click here for a currency converter
You will find it very easy to open a bank account in Spain, with a large amount of banks to choose from,
most of which have English speaking staff. We have listed some of the larger banks for you to get familiar with.
With 4400 branches thoughout out Spain and almost 7000 cash point machines.
La Caixa offer also offers “Linea Abierta” the 24 hour a day,
365 days a year internet banking.
Founded in 1902 Banesto is Spains third largest bank with over 3 million customers and 1,600
branches across Spain. Banesto offer a wide range of services including internet banking,
insurances and many different credit card options.
Grupo Santander is Spain's leading financial institution with a staff head count of 103,038 employees. Offering attractive mortgage interest rates as well as internet and telephone banking.
Whilst we make every effort to ensure the accuracy of the property details we produce, we cannot guarantee that the information is correct. You should verify all details, before making any journeys to view properties you should confirm their availability and prices. In addition you should check that any services mentioned are as described. Similarly, whilst we strive to ensure the accuracy of the rest of the content of our site, you should verify any information before acting on it, since Casitas Pego S.L cannot be liable for any loss, damage or breach of contract you might suffer by placing reliance upon that information. This also applies to the content of any linked pages supplied by separate organisations. Some photos used are for illustrative purposes only.