Spain
Banking in Spain
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Total Posts: 1 Last post by serviceoffer
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Finance
Hi, I’m moving to Spain with in the year to take over a bar, what is the situation with business ownership and residential status?Is it easier to get finance here or in Spain to (elk out with costs,?
Total Posts: 2 Last post by CPB123
Banking in Spain
Spain has a contemporary banking and financial industry. It has the largest number of banks in the European Union. Many of the international banks, accountants and insurance companies can be found there too.
There are two types of bank accounts for aliens: non-resident and resident. To set up a bank account, you will be required to provide the following documentation (For both residence and non-residence):
Form of ID (passport)
Then, depending on the account you are opening, residence will have to submit their residency permit, whereas non-residence will have to provide their Certificado de No Residencia or non-residence permit
If you use a foreign currency to make the initial deposit, it is recommended that you ask that it is instantly converted into Euros. Precedent implies that it may prove problematic later.
Cash machines are widely available and internet banking is gaining in popularity.
Organisations that can assist with Banking
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> Monese
Monese puts a next-generation banking experience in your pocket and enables anyone to bank like a local in 30 countries.
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> GCE Global Solutions
It´s a pleasure for us to introduce our BUSINESS CONSULTANT GROUP, a leader in Outsourcing business management area, oriented to micro, small, medium and big corporations.
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> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.