I’m in the process of purchasing a property in cash, and am looking to open a spanish bank account in the coming weeks, ready for making the final payment.
As the property has an existing mortgage, I’ll need to pay in two bankers cheques – one to the bank and another to the seller. I’ve looked at a a number of banks, and they all look to charge a lot for taking out bank cheques for payment – some as high as 0.5% of the cheque, and others capping this at 300 euros.
Can anyone recommend a bank with low fees for issuing bankers cheques?
Everything you need to know about property in Spain
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