How Do You Open A Non-Resident Bank Account In Spain?
If you’re traveling for an extended period of time, making a temporary move or studying for a semester in Spain, you might benefit from opening a non-resident bank account in Spain. ATM fees and credit card fees for using your credit card or debit card in a foreign cash machine or store can cost you a pretty penny, sometimes up to $8, every time you use it. If you’re going to be in Spain for a month or longer, you’ll want to save yourself the hassle of paying to access you own money. It’s your money, after all, you should spend it the way you want. Here’s how to open a non-resident bank account in Spain. Choose a bank. La Caixa is an easily accessible bank in Spain and may arguably be the cheapest for non-resident bank accounts. Ask around. The Spanish people are very friendly and will be open and willing to share their thoughts on banks in Spain. Make sure to choose a bank that has several branches, so that you can access the ATM machines with ease. Get a local address. While some ban
