December 6, 2019
  • 11:56 am The Prospect of the Remittance Industry
  • 11:50 am Future belongs to Secure and Digital Money Transfer Services
  • 11:43 am Value Added Services in Digital Remittance
  • 11:38 am Is Digital Remittance the Ultimate Future?
  • 11:27 am How to Assess Your Online Money Transfer Options?
How to Wire Money

As for most people, the difficult process in sending money is to Transfer Money to Another Bank. Transferring your money through other services like Ace Money Transfer is a different thing, but transferring your money through a bank is a completely different process. Besides if you are in Spain and you are not a local then there are difficulties that you are going to face from the start. So first of all whenever you will visit a ban in Spain then the very first problem that you are going to face is the non- English speaking staff of the bank.

Problems

So if you are not a Spanish speaker then no doubt you will be facing a lot of trouble to communicate with them. Then further the bank account you will get is not the same as the native’s one. Instead, a different type of account will be opened for you, and those types are resident and non-resident bank
accounts. As for the first one they can be opened in any of the currency that is offered by that specific bank, and this account is for those who have recently got migrated in Spain. Then comes the second type, and this type of account is for those who are here on some vacations or at some business trip, and they intend to stay a little longer in Spain.

Types of accounts

And in order to open this account, you need to provide them with all kind of your identifications because you are a non-resident. And you will be using this account during your future visits. In order to make sure that you are continuously visiting Spain every now and then for different purposes, they will keep on checking your status to make sure if the account is to be continued or to be closed.

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