±JOIN OUR NEWSLETTER
±Compare Expat Providers
±Expat Focus Partners
±Latest Financial Articles
· How To Navigate Brexit When Sending Money Abroad
· Expat Focus Financial Update January 2018
· Top Tips for Buying a Property Overseas in 2018
· Expat Focus Financial Update December 2017
· World Events And Currency: Why Politics Affect An Exchange Rate
· Expat Focus Financial Update November 2017
· What Might Brexit Mean For Expat Finances?
· Halloween Traditions in Countries Across the World
· Expat Focus Financial Update October 2017
BankingBack to top Back to main Skip to menu
Barcelona - Banking
All you need to open a resident bank account is your NIE number (numero de identificacion de extranjero or foreigners' identification number). Many bank workers speak English, so it may be worth checking that you can communicate with at least one member of staff, or even better the manager, before choosing the bank and branch in which to open your account.
Many websites of Spanish banks can also be read and navigated in English, making online banking, bill payments, transfers and even international transfers, very easy to do yourself.
The following major Spanish banks have English websites:
Grupo Banco Popular www.bancopopular.es
Other major banks include Banco Santander and La Caixa. Your choice of bank may depend on its convenience for home and work, and availability of English speakers. Take a look at the websites for their ease of use too.
Spain also has a network of local savings banks, which provide the same services as regular clearing banks but have a more obvious social responsibility presence within the area. The local savings bank for Barcelona is the Caixa Catalunya.
There are three main ATM networks in Spain, Telebanco 4B, ServiRed and Euro 6000 and most ATM's allow you to change the language so instructions and requests are easier. Make sure your bank is a member of the network that you see most commonly around where you live and shop, as you will be charged for withdrawing money from a network that your bank does not belong to. Telebanco 4B is the most popular with the largest number of ATMs, followed by ServiRed and then the Euro 6000 network of savings banks.
Opening hours of banks in Spain are short, only mornings until 2pm in the summer (May to October), and then an additional one evening per week or a Saturday morning. It may be possible to find a bank situated in a large shopping centre that opens late all weekdays. This is very useful to sort out any problems outside usual working hours.
Most international banks are represented in Barcelona and the surrounding areas. Barclays has several branches Avenida Diagonal, 419, and Pg Gracia, 45. Citibank also has branches at Rbla Catalunya, 12 and Via Augusta, 128-132. Dutch international online bank ING also operates current accounts in Spain through its website www.ingdirect.es.
Although most current accounts are issued with a cheque book, these are very rarely used in Spain; most shops and restaurants don't accept them, preferring cash, debit or credit cards. It is also difficult to use foreign debit and credit cards that use the chip and pin system, as this does not yet operate in Spain. It is also advised to keep your bank account in your home country open for return visits.
Read more about this country
Expat Health Insurance Partners
Our award-winning expatriate business provides health benefits to more than 650,000 members worldwide. In addition, we have helped develop world-class health systems for governments, corporations and providers around the world. We want to be the global leader in delivering world-class health solutions, making quality health care more accessible and empowering people to live healthier lives.
At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.
Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.