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This topic contains 10 replies, has 3 voices, and was last updated by Profile photo of Ptr Ptr 1 year, 9 months ago.

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  • #184868
    Profile photo of Ptr
    Ptr
    Participant

    I have used them and been very satisfied,but they are now in a transition following purchase of the Spanish unit by Caixabank. By May things will be fully clear but I expect the accounts which will then be with Caixa will be more expensive. I use my account only really to pay Iberdola and the Ayuntamiento for IBI Basura Domicile and Water. Do other people feel comfortable with Caixa or would suggest alternatives. Unfortunately simple bill paying services not as available as in UK`

  • #184920
    Profile photo of Mark Stücklin
    Mark Stücklin
    Keymaster

    Ptr, I have a “Cuenta Cero” with La Caixa and it is basically free of commissions and fees so long as you avoid using branches, which is pretty easy with online banking and cashpoint machines. Should be fine for your needs. I think they are one of the best of a bad bunch.

    • #184950
      Profile photo of Ptr
      Ptr
      Participant

      I asked about Cuento Cero when I called at Caixa on Thursday and was politely informed it was not currently being offered. I assume that having paid out for Barclays unit they are seeking maybe return on their investment. A Spanish man who enquired about a very basic account at Banco Popular and actually comes from Barcelona told me they required 30 euros every six months but the amount was reduced if regular income was paid in and Direct Debits set up.

    • #184954
      Profile photo of Mark Stücklin
      Mark Stücklin
      Keymaster

      You are right Ptr. I was just in my La Caixa branch and enquired about the Cuenta Cero and was told it has been discontinued. Your only option is a standard account, but fees and commission are reduced with certain types of standing orders and regular payments.

      There’s probably a better product on the market. ING Direct, for example. But it depends on your needs, and other factors like convenience.

  • #184928
    Profile photo of Ptr
    Ptr
    Participant

    Thank-you Mark. By coincidence I was in Caixa this morning as its closer than getting a bus to Barclays. After two years I received a 7 day letter from the collectors of Movistar (Telefonica) for 27.10 euros not correctly due but I decided for such small amount I simply the best course is to just pay and never ever use them again !They told me that I probably would need to pay 48 euros a year with them but all sorted in May. However I ommitted to take my passport so will ask them about this when I pop in tomorrow.

    • #184982
      Profile photo of Ptr
      Ptr
      Participant

      Looking in at Barclays website today Caixa are now offering CAIXA CUENTA NOMINA PREMIER. This is sin commissions but requires a running balance of 2500euros as the only condition but looks designed to attract Barclays customers. More than I keep as a running balance at present.However obviously we have a choice either you pay a bit for the account or keep some capital in and the amounts vary and subject to change.

      • This reply was modified 1 year, 9 months ago by Profile photo of Ptr Ptr. Reason: Refinement
  • #184961
    Profile photo of Ptr
    Ptr
    Participant

    Your mention of ING DIRECT interesting Mark – much appreciated as this bank has a branch in Las Palmas and there is a CUANTA NOMINA anda similar Cuanta Sin Nomina one I think requires you to keep 600 euros float.Looks as if can be operated on-line ok. ING is a Dutch bank but I think the Spanish unit is a Spanish entity  ,like the Barclays unit was so gives no extra safety  by reason of its parent being in a stronger part of the Eurozone.The website is all in Spanish with no English translation  -I have learnt a bit but still need a dictionary! But its worth walking into a Branch and asking. Maybe they have English clients already.(www.ingdirect.es)

    • This reply was modified 1 year, 9 months ago by Profile photo of Ptr Ptr.
    • This reply was modified 1 year, 9 months ago by Profile photo of Ptr Ptr.
    • #184997
      Profile photo of Mark Stücklin
      Mark Stücklin
      Keymaster

      The interesting thing about ING Direct is they claim to offer commission-free banking with no strings attached. Might be worth checking out if you have a convenient local branch. I’m surprised they don’t offer their website in English. Most of the others do.

      Do tell how you get on, and if you find a commission-free bank account in Spain.

  • #184999
    Profile photo of Cristian Selected
    Cristian Selected
    Participant

    Exactly Ptr, Ing works great, and the cuenta sin nomina has cero costs.
    Free making checks or making a check deposit.
    Just mention for other that could be interested, they don´t allow anymore non residents accounts.

    Cristian

  • #185003
    Profile photo of Ptr
    Ptr
    Participant

    Useful comment Christian – thanks because I file No Residente  and limit to 182 days. Your information saves me and possibly others time if looking for a freebie. But they do have the two other accounts I mentioned that might not have this exclusion and maybe more suitable than the alternatives so will still be paying ING a visit !

  • #185075
    Profile photo of Ptr
    Ptr
    Participant

    Just one quick observation Christian. You can be no residente fiscally but have a property in Spain like me. is it ok to have sin nomina account  provided you have a property in Spain that you need the account for paying bills and maybe keeping a bit of ready cash or is the meaning that you are required to be fiscally resident to have this account ? I have not been to branch yet as had some dental work done last week.

    • This reply was modified 1 year, 9 months ago by Profile photo of Ptr Ptr. Reason: Amendment

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