How to open a bank account in Spain as a foreigner?

Opening a bank account in Spain as a foreigner is possible and, in fact, it is one of the first steps for those who want to live, work, study, or invest in the country. Whether you are a resident or not, you can open an account, although the requirements and conditions vary depending on your situation.

In this guide, you will find everything you need to know: documents, steps to follow, bank comparisons, and practical tips to avoid common mistakes.

What types of bank accounts exist for foreigners in Spain?

There are different options depending on your residency status.

1. Non-resident account: designed for those who do not have residency in Spain but need to operate (example: property purchase). Requires a certificate of non-residency.

2. Resident foreigner account: aimed at those living in Spain with a NIE/TIE. Used to receive salaries, pay bills, and manage daily expenses.

3. Basic payment account (EU): under European regulations, every EU citizen has the right to open a basic bank account in any member country.

4. Digital accounts or neobanks: options like N26 or Revolut allow you to open accounts online with fewer requirements, although they are often limited compared to traditional accounts.

More information on basic payment accounts in the EU.

What documents does a foreigner need to open a bank account in Spain?

The documents vary depending on whether you are a resident or non-resident, but in general banks request:

• Valid identification document (passport, NIE, or TIE).

• Proof of address in Spain: rental contract, property deed, utility bill, or municipal registration certificate (empadronamiento).

• Certificate of non-residency (only for non-resident accounts). Obtained from the National Police or through the bank itself, with an administrative fee.

• Proof of income or economic activity: payslip, employment contract, tax return, or proof of studies for students.

• Active phone number and email address.

Complete guide from Immigration Spain.

How to open a bank account in Spain as a foreigner step by step?

The process is not complicated, but it is important to follow the order:

1. Define your situation: resident or non-resident.

2. Choose the type of account: non-resident, resident, basic payment, or digital.

3. Select a bank: compare fees, language assistance, and conditions.

4. Book an appointment or start the process online. Some banks allow submission of digital documents.

5. Submit all required documentation. Ensure it is valid and complete.

6. Verification by the bank. They review your details, residency, and financial situation.

7. Account opening. You will receive the IBAN and, within a few days, your bank card.

In general, the process may take between 1 and 5 business days.

Example at BBVA.

Which banks are most recommended for foreigners?

Most Spanish banks offer accounts for non-residents, although costs and facilities differ.

📊 Basic comparison of banks for foreigners in Spain

Example of Santander online account.

How much does it cost to open and maintain a bank account in Spain?

Opening an account is usually free, but banks may charge:

• Maintenance fee: between €6 and €15 per month if income conditions are not met.

• International transfer fees: varies by destination and currency.

• Card fees: issuance or annual renewal.

• Non-resident certificate management: around €15–20.

Many banks offer fee-free accounts if salary or pension is deposited, or if minimum balances are maintained.

Wise guide on requirements and fees.

What common mistakes should you avoid?

• Not providing all documents: if the contract or non-resident certificate is missing, the process is delayed.

• Opening an account without NIE and not updating later: some banks may block the account if resident status is not updated.

• Not comparing fees: many foreigners pay unnecessary charges due to lack of information.

• Using an invalid temporary address: the bank may reject it.

• Forgetting to renew the certificate of non-residency: in some accounts it may be mandatory every 2 years.

What if you don’t have a NIE or fixed address?

• Opening with passport only: some banks, such as Santander, allow opening an online account with a passport.

• Digital accounts: options like N26 or Revolut do not require an initial NIE and can be used as a temporary solution.

• Municipal registration (empadronamiento): helps justify your address in Spain, even with a shared rental.

More about Revolut online accounts.

Conclusion: opening a bank account in Spain as a foreigner, a step towards integration

Opening a bank account in Spain as a foreigner is more than a financial procedure: it is the key to beginning integration into the country’s life. It allows you to pay for services, manage investments, receive income, and feel supported in your daily life.

The best strategy is to prepare all documentation before going to the bank, compare conditions, and choose the entity that best fits your personal situation. This way you will avoid delays, unexpected costs, and gain peace of mind from the very beginning.

Frequently Asked Questions (FAQ)

Do I need a NIE to open a bank account in Spain?
Not always. Some banks allow it with just a passport, although having a NIE makes the process easier.

How long does it take to open an account?
Between 1 and 5 business days, depending on the bank and documentation.

Is the certificate of non-residency mandatory?
Yes, for non-resident accounts. It can be managed by the bank or by you at the Police.

Which bank is best for foreigners?
It depends on your profile. BBVA and Santander stand out for their services to non-residents.

Can I open an online account from abroad?
Yes, with digital banks like N26 or Revolut, although they have limitations compared to traditional banks.