Fuerteventura Forum

General Chit Chat & Queries - no commercial links => Money, Currency & Banks etc. => Topic started by: Chris1965 on January 14, 2017, 08:14:26 AM

Title: Banking
Post by: Chris1965 on January 14, 2017, 08:14:26 AM
Does anyone know how much money you can have in your current account here without the bank red flagging you?

Cheers
Title: Re: Banking
Post by: Johnrgby2 on January 14, 2017, 09:54:09 AM
Quote from: Chris1965 on January 14, 2017, 08:14:26 AM
Does anyone know how much money you can have in your current account here without the bank red flagging you?

Cheers

By Red Flagging you, do you mean informing The Tax Authorities?
Title: Re: Banking
Post by: calculator on January 14, 2017, 13:35:16 PM
Quote from: Chris1965 on January 14, 2017, 08:14:26 AM
Does anyone know how much money you can have in your current account here without the bank red flagging you?

Cheers

Can't answer specifically, but if u have a spanish bank account the tax authorities get automatic access to it as soon as it's opened.
Title: Re: Banking
Post by: Johnrgby2 on January 14, 2017, 13:51:40 PM
Besides which, my accountant has photo copies of my statements, which I assume she will turn over to the Tax Man
Title: Re: Banking
Post by: Johnrgby2 on January 15, 2017, 16:57:50 PM
Calculator

I thought this might interest you.

(https://i.imgur.com/qFI701X.jpg)