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Useful information about banking in Spain
by Jose Miguel
Published: 17-Nov-2006


Banking hours are normally 8.30 - 13.30.

Write cheques only to a Named Person or Business that is to receive the payment - and not to
"al Portador" (to bearer).

To ensure that a cheque can only be deposited to the account of the person or business to which it is made, write "A Abonar en Cuenta" (to be credited to the account of) before the name of the recipient, or cross the front of the cheque with two parallel lines.

Writing a cheque without funds in the bank is illegal.

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About the Author
Jose Miguel is an investment expert writes for leading Spanish money magazines

Other articles by Jose Miguel if available

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