Banking in Spain is often frustrating for foreigners who are shocked by the unexpected extra fees they get charged for. Luckily, some Spanish bank accounts don't use these hidden tactics to squeeze extra money out of their customers.
There’s not long left for people who bought a property in Spain before 2019 to claim back mortgage expenses from their bank, which can amount to €1,500.
Spanish banks are notorious for their hidden fees and extra charges, and a consumer watchdog report has revealed which bank accounts seniors in particular should avoid unless they want to be overcharged.
Getting a bank loan in Spain as a foreigner is possible, but there are several factors to consider that might make your application more (or less) likely to be accepted.
Former IMF chief Rodrigo Rato, who was jailed in 2018 for misuse of funds, was back in a Madrid court Friday facing fresh charges of tax fraud, corruption and money laundering.
Most people in Spain only have one bank account and use it for all different purposes, but what happens when you manage to save up a bit? Here's the official advice on Spanish savings accounts.
Which banks in Spain allow non-residents to open accounts? What are the requirements and the paperwork? Here’s what you need to know if you’re in Spain for extended periods of time or you own a second home here and you want to open a Spanish bank account.
Being overdrawn by even just a euro can cost you €50 if you have a Spanish bank account. These are the risks of being in the red in Spain and the fees banks charge, as well as the more lenient financial institutions.
What type of bank cheques are there in Spain? How and where can you cash them? What about if it's an international cheque? And most importantly how long until you get your money?
Taking out cash in 'empty Spain' has become increasingly difficult in recent years, particularly for older Spaniards. Following the UK's example, the Bank of Spain is now trying to increase the number of shared 'bank hubs' in depopulated areas.
Getting cashback from shops and supermarkets is hardly ever possible in Spain, but the Spanish Parliament has now approved a proposal to promote the practice, in part to solve the problem of bank access in rural areas.
The Spanish and UK banking systems could be more exposed to risk when it comes to real estate investment, a new report by leading credit rating agency Fitch reveals.
Britain on Friday hit the UK arm of Spanish banking giant Santander with a fine of almost £108 million (€125 million) after uncovering "serious and persistent gaps" in anti-money laundering controls.
An increasing number of British high street banks are closing the accounts of their customers who are living in Spain - so what are the best options if you still need a UK account?
UK nationals living in Spain have begun to receive letters from their bank telling them that their accounts will be closed, in an apparent post-Brexit change. Have you been affected?
The ECB's decision to raise interest rates in a bid to soften the blow of inflation will have negative consequences for some and a positive effect for others. Here's how it will affect those with loans, mortgages and savings in Spain.
British residents of Spain have flagged up the latest Brexit consequence that could affect not just them, but also UK nationals living in other EU countries. Holders of Premium Bonds have been warned they may have to cash in their investments if they can no longer hold a bank account in their home country.
Closing a Spanish bank account may not be as easy as you might expect, and leaving it open without using it could result in a buildup of fees, and further fines for not paying them. Here’s how to make sure you close your bank account correctly and cost-free.
It was his bank's limited counter service and indifference to his struggles with ATMs and apps that forced a Spanish pensioner to act, highlighting the problems the digital revolution is causing many elderly people. Meet Carlos San Juan, a hero for his and all other generations.
Spain’s biggest banks this week reported huge profits in 2021 and cheered their return to recovery post-Covid, but ruthless cost-cutting in the form of thousands of layoffs, hundreds of branch closures and the removal of many ATMs have left customers in Spain suffering, in this latest example of ‘Capitalismo 2.0’.
A 78-year-old Valencian man has collected 220,000 signatures in an online petition calling for Spanish banks to offer face-to-face customer service that’s “humane” to elderly people, amid a wave of branch closures and more banking services only available online.
The Bank of Spain is reporting a spike in the number of complaints from bank customers who are being charged sky-high interest for using a particular type of credit card. What is a ‘revolving’ card and do you unknowingly have one?