You might be interested
Find out about our Santander Online account, without fees or commissions, and start reaping the benefits.
If you're looking to switch to a Santander account and you still don't know how, we can help you through our bank account transfer service!
In less than a minute's time, you'll have completed your transfer request.
We'll take care of handling everything quickly and totally securely, with no need to involve your other bank.
You might be interested
Find out about our Santander Online account, without fees or commissions, and start reaping the benefits.
When processing account transfers, we'll take care of:
We keep you informed of any changes in processing your application.
This is a service through Iberpay to facilitate the transfer of customers' bank accounts from one bank to another, online and without having to involve your other bank.
All you have to do is complete the dates on this form and sign the request and we'll take care of all the rest. You can set up what you want to transfer: direct debit payments, periodic transfers and standing orders, bringing your balance over and even cancelling your other account.
This service is totally free; we don't charge fees for handling this.
Some of the companies issuing your bills may not allow us to manage this for you. In this case, you must indicate the change of direct debt account to the issuing entity.
The same thing applies for periodic transfers that you wish to switch over to your Banco Santander accounts. With regard to salaries, we recommend that you get in contact with the human resources department at your company to request the change of credit account. Similarly, if the income is a non-contributory pension – social security or other – contact us directly. Moreover, in the case of unemployment benefits, you can switch the account directly through SEPE.
However, we will guide you throughout the process, providing you with the necessary forms that you need to submit to the entity issuing your bills and income.
It is essential that the request be signed by all account holders. In addition, the account with your other bank must have the same holders as your account with Santander. If these are not the same, the original bank will reject the transfer request.
The transfer is not immediate. You will need to allow us some time. Regulation establishes a period of 13 working days, starting from when all holders have signed the request.
Certain minimum requirements must be met in order for us to bring over the account from another bank. To be able to make the request, you must be the holder of the original account and destination account, and must not have any outstanding balance to be collected by another entity or on products (for example, on a mortgage) linked to the account that you want to cancel.
Complete the following form and hand it in to any of our branches.
You might be interested in
SANTANDER BLOG
How to switch your account to another bank
BLOG SANTANDER
Find out about it
DICTIONARY