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Tenerife Lifeline

A good bank in the south near Puerto Colon?

 
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heymikey
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Joined: 25 Jan 2007
Posts: 66

Post Post subject: A good bank in the south near Puerto Colon? Reply with quote

Hi everyone,

I will be moving out in about 2 weeks and need to set up a bank account. Can anyone recommend a good bank near Puerto Colon or Fanabe area. It would be great if they have English speaking staff as although I am learning Spanish, banking involves a whole new load of vocab'!

I hear you can open a sterling account too where you can transfer between the two without charges?

thanks in advance forum folk
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Wed Mar 28, 2007 2:26 pm
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funky
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Joined: 22 Feb 2006
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Location: He's behind you ........

Post Post subject: Reply with quote

You could try Barclays. They are on the seafront at the far end of Fanabe where all the car parking spaces are. They all speak English and they don't charge to receive foreign funds. They do have some charges that are different from English accounts though, so do ask for details of all applicable charges before you sign up
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Wed Mar 28, 2007 6:46 pm
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StevieJPB
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Joined: 12 Jan 2007
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Location: Tenerife

Post Post subject: Barclays Reply with quote

Just to add - We opened a Non resident Account when we first came to Tenerife ( Sept 06 )with Barclays ES down there.
Very nice staff and new office, but we were charged a Non Resident Account fee, and a Monthly service fee, which no one told us at the time ?

We were told that we could transfer money from the UK Free, which we did through a Exchange Broker.

Barclays ES Head Office in Madrid charged us 1,400 Euro for the exchange. We complained to the local Branch here and they refunded our account, so be aware !!!

We now have a Resident Account, so I think it would be better to obtain your N.I.F No and open a Resident Account first, as they treat you differently when they know you are a permenant client.

Since then all good and staff very helpful.

Hope this helps & good luck.
Regards Steve
Fri Mar 30, 2007 5:57 am
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heymikey
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Joined: 25 Jan 2007
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Post Post subject: Reply with quote

thanks for that - I will go round a few banks and get their charges on paper before I decide
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Fri Mar 30, 2007 9:05 am
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pablofromglasgow
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Joined: 02 Mar 2006
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Post Post subject: Reply with quote

there is a bank linked to royal bank next to san eugines bar .
Fri Mar 30, 2007 11:02 am
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