Account transfer
Want to bring your account from another bank? Leave it to us!
At no cost to you, we help you handle all those arrangements you've always thought were a hassle:
- We will carry over your regular income (payroll, pension, etc.) and your direct debits (electricity, telephone, etc.) to your new account.
- Setting up the automatic transfers you send to other banks, for example to pay your rent.
- Cancelling your old account and transferring the outstanding balance to your new Bankinter account.
And if you have already added your accounts at other banks to our financial aggregator, it will be even easier and faster.
Would you rather see how to do it?
We tell you step by step in this video.
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The Bankinter account transfer service is offered free of charge to all individual customers acting on their own personal behalf, outside of their commercial, business or professional activity.
This service is only available for banks operating in Spain.
Important information
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This new service is regulated by Royal Decree Law 19/2017 of 24 November on "Transfer of Payment Accounts", implemented through Ministerial Order ECE/228/2019, of 28 February of the Ministry of Economy and Business on basic payment accounts, payment account procedures and comparison website requirements.
Some tips and things to bear in mind
1. Taxes
In certain cases,
only the holder can notify a change of account to the issuer –
for instance, the tax agency,
town councils and regional governments. You'll need to bear this in mind when you
tell us which direct debits to authorise.
Besides, town councils won't accept account changes for tax
direct debits during the two months prior to the voluntary payment period or during
the payment itself.
2. Payroll
If you transfer your
payroll, you'll have to notify your company's human resources department
of your new account details. We've provided a sample letter below to make this easy for you.
3. Transfer of Pensions
When a pension is transferred between direct debits, it may take between 1 and 2 months depending on the day of the month that you request it, so we recommend that on the date you request the account transfer you put 2 months.
4. Don't forget the balance!
Remember to pay some funds into your new account and maintain a sufficient balance in your
old one to cover the obligations until the account transfer has been completed.
5. Additional details
To comply with
regulations, there may be times when we need to ask you for additional
information. For example, in the case of residents' associations, we'll ask you for the
name and phone number of the property administrator.
6. Choose the transfer date carefully
Make sure
that the date for the complete transfer of your account leaves
enough time to cover the payment obligations and regular deposits
in progress. Remember, the date must fall at least 13 business days after the date on which you submit your application, signed by all the account holders.
Prefer to do it yourself?
If you prefer to be the one to send the details of your new account to the issuers of your incoming transfers and direct debits, we provide two sample letters to make it easier for you. In the case of your social security payments, you also have the forms demanded by that authority.