1. Description

We guide you through selecting the right bank and account type, prepare and submit all documentation, and liaise with bank officers to ensure a smooth opening process.

2. Official Form

Banks require completion of their proprietary Account Opening Form and related KYC questionnaires, which we pre-fill and review with you.

3. Fee Model

Account setup is generally free of charge, though some institutions may require a minimum initial deposit or charge maintenance fees. We compare banks to optimize cost.

4. Required Documentation

  • Valid passport or NIE (original + copy).
  • Proof of address (empadronamiento or recent utility bill).
  • Tax identification certificate (residence permit or non-residence certificate).
  • Proof of income or employment (contract, payroll, or invoices).
  • Completed bank’s internal account opening form.

5. Key Requirements

  • In-person or video-call identity verification per bank policy.
  • Minimum initial deposit when required by the chosen bank.
  • Compliance with AML and KYC checks, including source-of-funds evidence.
  • Active residence or non-resident status documented at opening.