Open a bank account in Spain


It is not difficult for an expat to open a bank account in Spain provided you fill in related formalities. Here is some useful information on the steps to follow.

European citizens and holders of residence permits can easily open a bank account in Spain. All they need to do is select a bank, complete the necessary forms, submit a valid identity document such as their passport, proof of funds (employment contract, payslips, student card, pension statement), a national identification number in the case of residents, as well as proof of address in Spain.  


Non-residents can also open bank accounts in Spain provided that they submit a non-resident certificate delivered by the "Dirección General de la Policía" (local police station). To apply for a non-resident certificate, simply go to the nearest police station and submit a copy of your passport. You will then be called to collect your certificate within 15 days. Once the certificate is issued, you can go ahead with the opening of your bank account, which will be immediately activated. Note that a minimum deposit is not required by most Spanish banks. 

If you're not in possession of your non-resident certificate, some banks will agree to open your account provided that you submit your certificate within a prescribed period of time. Your bank account will only be activated upon receipt of the certificate. In this case, additional charges apply. 

If you turn into a Spanish resident afterwards, make sure to inform your bank regarding your change of status. Moreover, the bank will make necessary checks every two years. 


A debit card and a checkbook will be delivered without difficulty. Please note that checks are seldom used in the country. Credit cards are delivered upon conditions. For more information about credit cards, contact your bank in Spain. 

Spanish banks charge current operations and maintenance of bank accounts for around €30 per year. You'll find many banks in Spain (provincial or national), and you can choose among more than 150 of them. 

In general, Spanish banks allow you to make national and international bank transfers by producing your IBAM which is found on bank statements. You may also request for direct debit to settle your electricity and phone bills.

You can also find ATMs everywhere in Spain. However, make sure to check on which network is the most appropriate for your card, else additional charges will apply on cash withdrawals. 

  Good to know: 

Paying cash is very common in Spain; at the same time, the rate of payment by credit card is one of the lowest in Europe. 

Opening hours

In general, banks are open from Monday to Friday from 8.30 am or 9 am to 2 pm or 2.30 pm. Some of them remain open till late once a week or on Saturdays from 9 am to 1 pm. 

  Useful links: 

Banco de España
List of banks in Spain

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Member since 01 June 2008
Small earth, Mauritius
4 years ago

Hi. Thanks for the useful article. In answer to Mariposablelle, I have been with La Caixa, Banco Sabadell and Banesto, and have left them all. Seemingly trumped-up commissions can be appalling (especially since the recession began). I would advise residents to go either to ING (they give you a banc card to use in 4B cash points) or EVO Bank (similar, but Spanish, and the card can be used in all cash points). Neither charge you silly commissions; in fact, you can get interest.

5 years ago

Hi, Just curious what positive and/or negative expats have had with Spanish Banks. Who thinks their bank is great/awful/everything in between. Does your bank have an option in english- or english on their website! Please comment and help guide others with your experiences! Thanks.


See also

Citizens of European Union countries do not require a visa to travel to Spain. A valid identity card or passport is enough. What about other nationalities?
Barcelona, Catalonia's economic center, attracts not only young professionals but also many foreign companies and investors looking for new opportunities.
Madrid's labor market has been facing a shortage of qualified and skilled workforce since some time. Hence, it is open to young foreign professionals.
Malaga has been one of the most affected Spanish cities by the global economic crisis. Hence its high unemployment rate during recent years.
Sevilla's economy is recovering gradually after having been seriously affected by the global economic crisis. Unemployment rate has also been in decline.

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