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| currency - the euro |
Banks and Currency
There are many banks and branches in the entire country and you do not need to be a citizen or a resident to open a bank account. If the latter, you need a non-residence certificate and the passport. To obtain a non-residence certificate, you must go with your passport and a copy to the 'Comisaria General de Documentacion' (Papers' General Police Office) of the respective region. It usually takes about ten days.
The banking time table is Monday through Friday from 8:30 a.m. to 3:00 p.m. There are also automatic cash dispensers in many shopping centres and main streets which work 24/7. With debit cards, apart from buying things, you can also obtain cash from cash dispensers. The most important credit cards accepted in Spain are American Express and Diners.
As a European Union country, the Euro is the official currency. Coins are of 1 cent €, 2 cent. €, 5 cent €, 10 cent. €, 20 cent €, 50 cent. €, 1 € and 2 €. Notes are of 5 €, 10 €, 20 €, 50 €, 100 €, 200 € and 500 €.
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