Bank Accounts.
The easy way to make payments in Spain
Spanish mortgage and utility payments must be made by direct debit, so your client will need a bank account based in Spain.
The euro Premier Account has been specially designed by Lloyds Bank International, S.A.U. for British residents so you clients can use it to do just that.
Features and benefits
- Free transfers from your client's UK Lloyds TSB, Halifax or Bank of Scotland current account to Lloyds Bank International.
- Free access to funds via over 29,000 ServiRed cashpoints in Spain.
- English speaking telephone and on-line banking services.
- No monthly fee if a monthly average balance of €2,500 is maintained in the account.
- Unlimited free Direct Debits to meet payments in Spain.
- Introductory bonus interest rate for the first 3 months of opening - with tiered rates of interest paid monthly thereafter.
- Includes worldwide family travel insurance (medical benefits only apply for customers under the age of 65)*.
Risks and commitments
- If your client's average balance drops below €2,500 in any given month, your client will be charged €20.
- If, without agreement, your client's current account goes overdrawn or they go over their overdraft limit, we will charge them interest on the amount of the overdraft that has not been arranged at the rate that we set for unarranged overdrafts.
Contact
The UK New Business Team can be contacted on 0845 600 3603.
*Due to regulatory requirements, travel insurance is not available to US and Canadian residents.
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