bank account

[El Capitan]

Bankinter don't charge me for transfers into account, only cheques into account.

[chris(madrid)]

Originally Posted by decgraham

I bank with Santander, only went with them because I bank with Abbey Offshore, all part of the same group. I would say they are not outstanding but do the job. It really peeves me having to pay on transfers into the account, and I send from a Euro account too. I looked at Sol after reading this thread and it does look very good, I'll be talking to them next time I'm in Spain. Question is there any Spanish bank that doesn't charge on transfers into the account?

NEGOTIATE - I bank with Santander because they offered 100% free banking and free Eurozone transfers upto €50,000 a year!.

[rjnpenang]

I with Barclays. es, very happy with them, internet banking is easy to use and its in English or Spanish, and just heard on the radio they are doing free transfers into your acc., plus I believe if you transfer new money into an account they will pay up to 10% interest for 3 months, check it out!.

[decgraham]

Originally Posted by chris(madrid)

NEGOTIATE - I bank with Santander because they offered 100% free banking and free Eurozone transfers upto €50,000 a year!.

I've lived in the Middle East for the last 26 years I negotiate everything!

When I checked with Santander I was told that to get free banking I had to become a "core customer" which meant I had to meet one of the following requirements: 1. Have a mortgage with them. 2. Have my salary or pension paid directly into the account. 3. Hold a Santander personal pension plan or
4. Be a private or personal banking client with more than Euros 200,000.00 in the account. Unfortunately I do not qualify for any of the 4 pre- requisites. Therefore, I am charged each semester for maintenance and administration depending on my balance, plus when I send Euros for my offshore account I am charged a commission on the transfer of 0.35% up to Euros 50,000.00, and above 50K the commission is 0.375%. I've probably been used to free banking for too long, even in the UK the banks are getting close to charging for their services as in Spain.