Best banks for expats in Madrid

As an expat in Madrid, choosing your bank wisely is essential. Discover the best banking solutions, listed by categories, according to your expat needs. Make your move abroad easier with our selection of banking establishments.

Best local banks with dedicated services for expats

Indispensable for your everyday life in Madrid: receiving your salary in the local currency, paying your rent or doing your shopping.
HolaBank is a Spanish bank specialised in financial services for expats. It offers online banking in more than 22 languages, multilingual managers who facilitate processes for every customer and access to financial products and services adapted to the international community.

Premium banking for expats

The following banking establishments are experts in global personal banking, designed specifically for expatriates.
As a bank focused on those living and working abroad, HSBC Expat offers expert banking and wealth management services, providing expats with a secure, central place to easily manage and grow their money, no matter where they move.

Neobanks, for those who travel a lot

With minimal account maintenance fees and cheaper international money transfers compared to traditional banks, neobanks are made for you if you are preparing for your move abroad or if you travel internationally quite often (for work or holiday purposes).
A multi-currency account cheaper than a traditional bank. Made for frequent travellers or expatriates to spend their money abroad without hidden fees, using the real exchange rate and holding and converting money in 56 different currencies.
A bank account with no hidden fees and coming with all that you need to spend, receive, and keep track of your money-in one beautifully simple, intuitive app. Get a free virtual debit Mastercard to pay in stores, online, and in apps, and start managing all your finances directly from your phone.