{"id":85900,"date":"2020-10-06T13:42:09","date_gmt":"2020-10-06T13:42:09","guid":{"rendered":"http:\/\/staging.expatinfodesk.com\/?page_id=85900"},"modified":"2023-08-08T09:15:31","modified_gmt":"2023-08-08T09:15:31","slug":"banking","status":"publish","type":"page","link":"https:\/\/www.expatinfodesk.com\/destinations\/madrid\/banking\/main-banks\/","title":{"rendered":"Banking Options in Madrid"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221; el_class=&#8221;three-top-tips&#8221; css=&#8221;.vc_custom_1599875304748{margin-left: 0px !important;border-right-width: 0px !important;padding-right: 0px !important;padding-left: 0px !important;border-right-color: #ffffff !important;}&#8221;][vc_column width=&#8221;2\/3&#8243;][vc_column_text]<\/p>\n<h2>Banking System in Madrid<\/h2>\n<p>There are a number of international banks present in <a href=\"https:\/\/www.expatinfodesk.com\/destinations\/madrid\/\">Madrid<\/a>. The majority of bank branches have English-speaking employees, especially those banks with English or American branches, such as Santander, Lloyds TSB, Barclays and CitiBank.<\/p>\n<h3>Banks<\/h3>\n<p><strong>CitiBank<\/strong><\/p>\n<p>C\/ Miguel \u00c1ngel, 11<\/p>\n<p>T: 91 319 32 38<\/p>\n<p><a href=\"http:\/\/www.citibank.com\/\">http:\/\/www.citibank.com\/<\/a>\u00a0(English account section)<\/p>\n<p><strong>La Caixa<\/strong><\/p>\n<p>C\/ Vel\u00e1zquez 4<\/p>\n<p>T: 913 402 100<\/p>\n<p><a href=\"http:\/\/www.lacaixa.es\/\">http:\/\/www.lacaixa.es\/<\/a><\/p>\n<p><strong>Bankinter<\/strong><\/p>\n<p><a href=\"http:\/\/www.bankinter.com\/www\/en-es\/cgi\/ebk+home\">http:\/\/www.bankinter.com\/www\/en-es\/cgi\/ebk+home<\/a>\u00a0(English version)<\/p>\n<h3>Practicalities<\/h3>\n<p>The opening hours for Spanish banks are Monday-Friday 9am-2pm, Saturday 8am-1pm.<\/p>\n<p>And on Thursdays they reopen in the evening: 9am-2pm and then 4-6.30 pm.<\/p>\n<p>The banking system in Spain is safe, and internet banking is very common as it facilitates fund transfers.<\/p>\n<p>It is fairly simple make an international transfer, as long as you have your IBAN and SWIFT code. Generally there are charges for both national and international transfers. However, banks such as Halifax, although not widespread throughout Spain, offer free transfers between all of its branches.<\/p>\n<p>ATMs are plentiful and very easy to find. Four different companies manage the ATMs across Spain, and if the ATM belongs to a company that is not affiliated with your bank, you will be charged a fee for withdrawals. The name of the company with which your bank is affiliated is on the back of your bank card, and it is clearly displayed on all the bank\u2019s ATM machines. The four ATM companies are:<\/p>\n<ul>\n<li>Servired<\/li>\n<li>Euro6000<\/li>\n<li>Telebanco<\/li>\n<li>4B<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/3&#8243; el_class=&#8221;city-side-bar&#8221;][vc_row_inner el_class=&#8221;sidebar-section-one&#8221;][vc_column_inner][vc_custom_heading text=&#8221;Top Tips&#8221; font_container=&#8221;tag:h4|font_size:24|text_align:left|color:%23ffffff&#8221; google_fonts=&#8221;font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:400%20regular%3A400%3Anormal&#8221;][vc_separator color=&#8221;#ffffff&#8221; type=&#8221;full_width&#8221; thickness=&#8221;1&#8243; up=&#8221;&#8221; down=&#8221;&#8221;][vc_column_text]<\/p>\n<table class=\"table table-condensed sidebar-section-one-table\">\n<tbody>\n<tr>\n<td class=\"number\">01<\/td>\n<td>Start learning Spanish and have at least a basic comprehension before arriving in the country, it will get you off to the best start.<\/td>\n<\/tr>\n<tr>\n<td class=\"number\">02<\/td>\n<td>Give yourself enough time to adapt to your new city. Leave sufficient time to perform the required administration before starting work.<\/td>\n<\/tr>\n<tr>\n<td class=\"number\">03<\/td>\n<td>Expect to spend a bare bones minimum of 1000 Euros per month, but if you want to live somewhat comfortably, plan on spending twice that amount.<\/td>\n<\/tr>\n<tr>\n<td class=\"number\">04<\/td>\n<td>Make the effort to strike up relationships with Spaniards, and don\u2019t be afraid to be the one who suggests getting together for coffee or a night<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;sidebar-section-two&#8221;][vc_column_inner][vc_custom_heading text=&#8221;Useful links&#8221; font_container=&#8221;tag:h4|font_size:24|text_align:left&#8221; google_fonts=&#8221;font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:400%20regular%3A400%3Anormal&#8221; el_class=&#8221;useful-links&#8221;][vc_separator color=&#8221;#ffffff&#8221; type=&#8221;full_width&#8221; thickness=&#8221;1&#8243; up=&#8221;&#8221; down=&#8221;&#8221;][vc_column_text el_class=&#8221;useful-links&#8221;]<\/p>\n<ul>\n<li><a title=\"http:\/\/www.in-madrid.com\" href=\"http:\/\/www.in-madrid.com\/\">http:\/\/www.in-madrid.com<\/a><br \/>\nRegularly updated concert information, restaurant guides, nightlife listings and big parties in Madrid, all in English.<\/li>\n<li><a title=\"http:\/\/www.gomadrid.com\" href=\"http:\/\/www.gomadrid.com\/\">http:\/\/www.gomadrid.com<\/a><br \/>\nAn intereractive Madrid Street Map that uses advanced Google Maps technology to show a detailed city map of Spain&#8217;s capital.<\/li>\n<li><a title=\"http:\/\/www.metromadrid.es\" href=\"http:\/\/www.metromadrid.es\/\">http:\/\/www.metromadrid.es<\/a><br \/>\nSite containing information about the metro schedules together with a plan of the underground in Madrid.<\/li>\n<li><a title=\"http:\/\/nadyamadrid.blogspot.com\" href=\"http:\/\/nadyamadrid.blogspot.com\/\">http:\/\/nadyamadrid.blogspot.com<\/a><br \/>\nRegularly updated blog that contains narrative about a British expatriate living in Madrid.<\/li>\n<li><\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;sidebar-section-three&#8221;][vc_column_inner][vc_custom_heading text=&#8221;Interesting fact&#8221; font_container=&#8221;tag:h4|font_size:24|text_align:left|color:%23333333&#8243; google_fonts=&#8221;font_family:Open%20Sans%3A300%2C300italic%2Cregular%2Citalic%2C600%2C600italic%2C700%2C700italic%2C800%2C800italic|font_style:400%20regular%3A400%3Anormal&#8221;][vc_separator color=&#8221;#eeeeee&#8221; type=&#8221;full_width&#8221; thickness=&#8221;1&#8243; up=&#8221;&#8221; down=&#8221;&#8221;][vc_column_text]<\/p>\n<table class=\"table table-condensed sidebar-section-three-table\">\n<tbody>\n<tr>\n<td>\n<div class=\"fa fa-snowflake-o\" aria-hidden=\"true\"><\/div>\n<\/td>\n<td>The only statue in the world dedicated to the Devil can be found in Retiro park. It was made in 1877 by Ricardo Beliver for his patron Duke Fern\u00e1n G\u00f3mez and sits at 666m altitude above sea level.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221;][vc_column][vc_column_text]<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>[vc_row type=&#8221;container&#8221; padding_top=&#8221;&#8221; padding_bottom=&#8221;&#8221; el_class=&#8221;three-top-tips&#8221; css=&#8221;.vc_custom_1599875304748{margin-left: 0px !important;border-right-width: 0px !important;padding-right: 0px !important;padding-left: 0px !important;border-right-color: #ffffff !important;}&#8221;][vc_column width=&#8221;2\/3&#8243;][vc_column_text] Banking System in Madrid There are a number of international banks present in Madrid. The majority of bank branches have English-speaking employees, especially those banks with English or American branches, such as Santander, Lloyds TSB, Barclays and CitiBank. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":85425,"parent":85424,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-madrid.php","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"class_list":["post-85900","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Guide for Expats to the Main Banks in Madrid<\/title>\n<meta name=\"description\" content=\"There are a number of international banks present in Madrid. 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