Banking in Spain

Whether you study or work in Spain, having a bank account is a must in order to pay rent and utilities, send and receive money, get internet for your flat, etc.

Luckily, opening a bank account is relatively easy and there are a variety of banks to choose from but most banks wouldn’t open a bank account for non-EU citizens without a NIE (numero idenificado extranjero: Foreigners’ Identification Number) , house contract or other documents. Opening a bank account in Spain can be a pain in the neck if you do not have the right papers or documents.

The whole process is still bureaucratic and you will have to make an appointment in advance in order to be able to open an account at some banks and branches. Luckily, there is an easy solution: N26.


N26 is the largest online bank in Europe with a headquarter in Germany. They offer hassle-free bank services

  • open an account in a few minutes*
  • 100% online process
  • 24/7 customer service
  • a free MasterCard as standard
  • a regular bank account number
  • complete transfer integration with TransferWire

* Conditions apply.

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