Expats in Spain told to hand ID into banks

Published:  28 Apr at 3 PM
Want to get involved? Become a Featured Expat and take our interview.
Become a Local Expert and contribute articles.
Get in touch today!
Tagged: Spain, USA
Thousands of expatriates living in Spain could see their bank accounts temporarily closed if they fail to present their bank with digital ID.

Spaniards in the Iberian country have been told to take a copy of their DNI national identity card into their bank, while foreigners must provide either their passport or residency card prior to 30 April.

A law brought into effect in 2010 gave banks five years to completely digitalise all their customers’ records.

Now, any accounts that are not in line with the new regulations will be blocked as on 1 May and will remain that way until the banks manage to successfully update their records.

Warnings have also been issued stating that if the required documents are not issued within the next three months, accounts could be difficult to recover which could, potentially, cause huge problems for a number of expatriates in Spain.
Like this news?

Comments » No published comments just yet for this article...

Feel free to have your say on this item. Go on... be the first!

Tell us Your Thoughts On This Piece:

Your Name *
Email * (not published, needs verification one time only)
  • Facebook
  • Follow us on Twitter
  • RSS feed
  • Facebook

Latest Headlines

News Links

News Archive