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Uk Banks offering Accounts that offer money transfers into Euros and debit cards for Europe

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  • Glad
    Glad Posts: 18,942 Senior Ambassador
    Part of the Furniture 10,000 Posts Mortgage-free Glee! Name Dropper
    The HSBC Global Money account is a multi-currency current account allowing the holder to send, spend and receive money abroad with no additional fees. The account allows you to hold balances in 18 popular currencies. I have a daughter living in France who I transfer money to and I travel to see her often too, I've found it to be great. 
    I am a Senior Forum Ambassador and I support the Forum Team on the Wales, Small Biz MoneySaving, In My Home (includes DIY) MoneySaving, and Old style MoneySaving boards. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.All views are my own and not the official line of MoneySavingExpert.
  • greyteam1959
    greyteam1959 Posts: 4,711 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 18 October 2023 at 4:30PM
    Don't open a Spanish bank account.
    You don't need one these days.
    All your DD etc can be paid using a Wise.com euro account.
    Move GBP to your euro account when the exchange rate is good.
    Wise give you an excellent exchange rate, a low fee & your money moves in a few seconds.
    Wise provide a debit card for payment in shops etc.
    The only snag with the Wise debit card is when you come to withdraw cash on Spain.
    Virtually all ATM machines will make a fairly stiff charge to do this.
    I have a Cajamar Wefferent bank account just to withdraw cash that I fund from my Wise account.
    The Wefferent account is operated online & is totally fee free.
    A non resident can only open this account in branch not online.

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