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Spanish Bank Account

When buying a property in Spain you will need a Spanish account.
Your Spanish bank account is to start with for the transfer of funds for the purchase from your bank account in your home country to Spain.
When the property is bought you will need the bank account for the direct debits of water, electricity, community fees, council taxes, solicitors fees, etc.

In the case that you have a mortgage your bank account is connected to you mortgage and mortgage payments will be done from that account also.
For the easy use of your Spanish bank account always make sure that you get set up internet banking, this way you can check your account and all payments from home. Most banks will have the internet banking system in Spanish and English, some banks even have more languages to choose from.

Important is to make sure that there are always enough funds in your account, when your account get overdrawn banks normally charge extra cost.
In Spain there are various banks to choose from, large national banks and smaller local banks. The good thing with a choosing a national operating bank is that they have branches all over Spain. Smaller local banks will have to cover that with bank alliances making sure that you can at least withdraw money all over Spain.

Do you need a Spanish bank account, our solicitors office can help you open one for you.

Contact our solicitor for more information

Related subjects that may be of your interest:

Premium legal care Service

Legal representation, fiscal advise and assistance from your lawyer, recommended to all home owners.

Premium legal care Service

Notary in Spain

All title deeds, wills, power of attorney´s and other official documents need to be witnessed by the notary, our solicitor can assist you

Notary in Spain

Buying a resale property

Thinking of buying a resale property in Spain, find out why you might need a legal professional at your side

Buying a resale property

Power of Attorney

Do you want our solicitor to act on your behalf with a Power of Attorney, that is also possible, find out more

Power of Attorney


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Juan Miguel Vicente Moreno

Lawyer in Torrevieja.

Registered with nº 1208 at the Law Society of Orihuela.

El Ilustre Colegio de abogados de Orihuela.

VM Solicitors Torrevieja

Contact details VM solicitors

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Calle Caballero de Rodas 25-2ºB
Torrevieja, Alicante, Spain 03181

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Registered with nº 1208 at the Law Society of Orihuela, the ICAO.

Registered with nº 1208 at the Law Society of Orihuela, the ICAO.

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