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Spain Guide: Money
Our money guide provides information on bank accounts, money exchange, credit and debit cards and money transfers. If you need to open a bank account, we will explain how to do it - step by step.
Opening an account:
How to open a Spanish bank account
If you plan on staying in Spain for longer than six months, you will probably need a bank account. For foreigners in Spain, there are two types of bank accounts: resident and non-resident accounts.
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Spanish banks:
Where to manage your finances
Spain has about 30 banks with a national presence and numerous regional ones. The two largest banks are BBVA (Banco Bilbao Vizcaya Argentaria) and Santander Central Hispano (which includes Banesto).
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Services:
Banking services, cash machines and opening hours
The most common type of account is a non-interest bearing current or checking account (cuenta corriente). The other alternative is a savings account (cuenta de ahorro).
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