Top 4 Banks in Spain for International Students

Student Guide to Banking in Spain e1644992547284

Studying in Spain will change your views on international education forever. For starters, studying in Spain won’t send you into a spiral of mounting debt, unlike some study destinations. Second, its high quality of life will have your standards skyrocket to new peaks.

Once you arrive in Spain for your studies, you must have a bank account. You’ll use this to store funds until you complete your studies. You can also use your bank account as a channel to send and receive money.

If you want to open a bank account today, start by looking into Spain’s best. Here are the top four bank accounts in Spain for international students:

Banco Sabadell

Banco Sabadell is Spain’s fourth-largest private banking group. It offers bank accounts to international clients around the world. As one of the most reputable banks in Spain, Banco Sabadell guarantees great and reliable services.

Top Features

Here’s why you need to consider having a bank account with Banco Sabadell:

  • All processes are in English (from bank documents to mobile banking, etc.)
  • Various bank account types to meet your different needs
  • Zero fees for all withdrawals made within Spain
  • Free account for clients under 30 years old
  • Zero fees for money transfers around the EU


International students can open a multi-currency banking account with Wise. The application process is easy and fast. Hailed as one of the most diverse and dynamic bank accounts, this gives clients access to over 50 currencies.

Top Features

What makes Wise stand out from the rest? Here are the top features that landed it on this list:

  • Worldwide money transfers with the mid-market exchange rate (about 8 times cheaper than banks)
  • Can allow monthly ATM  withdrawals of up to €200 without any charges
  • Banking services are available in 10 languages
  • Use only one account to open balances in other currencies
  • A reliable online banking network without any physical locations


Revolut is another amazing online banking option in Spain. Through this, you can make money transfers around the world plus access useful tools. Their digital banking app has budgeting tools that can help you manage your finances.

Top Features

Open an account with Revolut and enjoy the following perks:

  • Banking services are available in English and Spanish
  • Uses integrated Interbank Exchange Rates for all international transfers
  • Comes with a built-in budgeting and expense manager tool
  • Can allow monthly ATM  withdrawals of up to €200 without any charges
  • Free money transfers in Australia, America, and Europe
  • Free debit card


N26 is a completely virtual banking app that allows mobile payments easier. This bank is also among the best banks in Spain according to Forbes.

Top Features

See how N26 can maximize the mobile banking experience for you:

  • Worldwide money transfers with low rates
  • Free money transfers within the EU
  • Up to three free ATM withdrawals every month
  • Banking services are available in 10 different languages
  • Has an integrated Wise Transfer Technology in their app

Choosing among the top four banks in Spain guarantees a wonderful banking experience for international students. Read more tips on banking in Spain here at MSM Unify.


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