Hello, what fee does Santander bank of London charge to set up non resident acount? Thank you
Country/State/Province of question: england
Hello. My specialty is focusing on YOUR Financial needs. Financial Planner/Business Owner for 20 years. CPA,PFS,QFP,GMMA.
They charge about 15 pounds.
Whatever your nationality, you have to justify your status as a resident or a non-resident if you want to open a bank account in Spain .
If you are a resident, you only have to go to a bank and show the resident ID to have an account opened.
If you are a non-resident, there are two options:
a) The first option is to go to the Dirección General de la Policía (in Madrid , it is located calle General Pardiñas, nº 90) with your passport (as well as a photocopy) and ask for a "non-resident certificate". You will have to go back there within about 10 days in order to pick it up.
Once you have this certificate, you can go to any bank with your passport in order to have an account opened. This account will be operative from the very moment of the opening and the deposited funds will be available immediately.
b) The other option is to go to a bank with your passport and ask to open an account. In this case, the bank will have you sign an authorization to carry out the necessary procedures to have your non-resident certificate. They will charge you about €15,00. The account will not be operative until they receive your certificate and the deposited funds will not be available either.
There is no minimum deposit to be able to open an account in Euros. If you want to open an account in another currency, check out the minimum deposit.
Before you start any procedures, try to find out if there is a bank on your Spanish campus that has a special agreement with your host university. If this is the case, check out what documents they would ask you to provide; they might be willing to open an account without any certificate if you can show your host university student ID.
Banks usually have special discounts for people under 26.
Banks usually charge opening and maintenance fees.
I believe this answers your question so I'll leave and let you accept. If you have further questions please post them and I will be alerted.
CPA, PFS, QFP, CGMA