How to Open a Bank Account in Spain as a Foreigner (Without Delays)

Opening a bank account is one of the first and most important steps for anyone moving to Spain. Unfortunately, for foreigners, it is also one of the most confusing. Many people arrive ready to start their visa or residency process only to discover that Spanish banks ask for documents they do not yet have — especially the NIE.

The good news is that yes, a foreigner can open a bank account in Spain, and in many cases, you can do it before your NIE is issued. In this guide, we explain how to open a bank account in Spain as a foreigner, what documents are required, and the smartest way to avoid delays that can affect your immigration process.

Can a Foreigner Open a Bank Account in Spain?

Yes. Both residents and non-residents can open a bank account in Spain. However, the type of account, requirements, and timing depend on your legal status.

There are two main options:

• Resident bank accounts (for people with an approved NIE)
• Non-resident or passport-based accounts (for people waiting for documents or living abroad)

Traditional Spanish banks usually prioritize residents and often require an NIE before allowing full account activation. This is where many foreigners get stuck. Fortunately, digital EU banks offer legal alternatives that allow you to get started earlier.

Opening a Bank Account in Spain Without a NIE

One of the most common questions we hear is:

Can I open a bank account in Spain without a NIE?

The answer is yes — as long as you choose the right bank.

While most traditional banks require a NIE from day one, some banks allow foreigners to open an account using only a passport, with the option to add the NIE later once it is approved.

This option is perfectly legal and extremely useful if you need to:

• Pay visa or residency fees
• Pay rent or housing deposits
• Cover legal and administrative costs
• Start your life in Spain without waiting months for documents

For many foreigners, opening a bank account without a NIE is not a shortcut — it is the only practical way to move forward.

Opening a Bank Account in Spain With a Passport

Another frequent question is:

How do I open a bank account in Spain with a passport?

Certain banks allow passport-only onboarding, meaning you can verify your identity using your valid passport and open the account entirely online.

With a passport-based bank account, you can usually:

• Receive an EU IBAN
• Make SEPA transfers within Spain and Europe
• Pay taxes, fees, rent, and services
• Use a debit card with your passport (often digital at first)

This type of account is ideal for newcomers, non-residents, digital nomads, students, and anyone waiting for their NIE.

Documents Required to Open a Bank Account in Spain

The exact requirements vary depending on the bank and your status, but in general, banks may ask for:

• Valid passport
• NIE (if already issued)
• Proof of address (Spain or abroad)
• Declaration of source of funds (in some cases)

Digital banks tend to simplify this process significantly, allowing you to start with just your passport and update your information later.

Bank Accounts for Non-Residents in Spain

If you are not officially a Spanish resident yet, you will typically need a non-resident bank account.

Traditional non-resident accounts often come with:

• High monthly fees
• In-person verification
• Long approval times

For this reason, many foreigners choose to open a non-resident bank account in Spain online through a regulated European digital bank. This option is faster, more flexible, and better suited to immigration timelines.

Best Banking Option for Foreigners Starting Their Legal Process

For foreigners who are in the middle of a relocation or immigration process, flexibility is everything. Delays caused by banking issues can slow down visa applications, residency procedures, and even housing contracts.

For this reason, we directly recommend Bunq 🏦 as a starting bank account for foreigners moving to Spain.

Bunq is a regulated European digital bank that allows passport-based onboarding, making it especially suitable for non-residents and newcomers who do not yet have a NIE.

💳Why bunq Is a Smart Choice for Foreigners in Spain

With bunq, you can:

• Open a bank account before arriving in Spain
• Start operating without waiting for your NIE
• Receive an EU IBAN accepted across Spain
• Pay immigration fees, legal services, rent, and utilities on time
• Manage everything 100% online, without branches or appointments

This makes Bunq an ideal solution during the early and most sensitive stage of your immigration process.It is important to understand that this type of account is not necessarily meant to replace a traditional Spanish bank forever. Instead, Bunq works perfectly as a first-step bank account that allows you to move forward legally and efficiently while your residency documentation is being processed.

How a Bank Account Supports Your Immigration Process

A functioning bank account is essential for:

• Paying immigration and residency fees
• Paying rent and utilities
• Demonstrating financial organization
• Avoiding rejected or delayed applications

Many immigration problems start with something simple: not being able to make a payment on time. Choosing the right bank from the beginning prevents unnecessary complications later.

Final Thoughts: Start Smart, Not Late

Opening a bank account should not slow down your move to Spain.

If you are a foreigner, non-resident, or still waiting for your NIE, the smartest approach is to open a bank account in Spain with a passport, start operating legally, and complete the rest of the process step by step.

When immigration, housing, and finances are aligned from the beginning, everything becomes easier.

If you are unsure which option fits your situation, speaking with an immigration professional before you start can save you time, money, and stress.