Do you have a query about moving to Andalucia and buying property in Andalucia. Find out by posting questions and reading about other peoples experiences.
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My Aunt and Uncle opened an account with Cajamar and bought a house in Spain 6 years ago, payment was conducted by bankers draft. Last year they decided to sell the house and put it on the market, they bought an apartment last year went to the UK Bank (they live in UK) their UK bank suggested they open an international account and transfer from UK to International and International Transfer to the their Spanish bank and the sellers bank, which would save them the HUGE cost of the bankers cheque. IN March this year CAJAMAR bank contacted them and asked for evidence of funds, which they had provided when they went into the branch do complete the transfer documents, they also had to provide them to the notary and solicitor. In March this year Cajamar requested the evidence documents again, they sent them. Monday this week Cajamar requested the documents again, they were all sent again, today CAJAMAR bank telephoned this elderly couple and told them they were closing their account, they ask why, " Cajamar said in our terms we do not have to give you an explanation, they are STUNNED, this couple are so so honest yet they are being treated like drug dealers, anyone else had this with a bank?. My uncled telephoned their UK bank international department and were relieved to discover CAJAMAR have done this to other customers, they said - they do not like dealing to OFF SHORE! The lady at the bank suggested it is because they are not making anything when everything is being transferred and this give Cajamar carte blanche to treat pensioners like criminals.
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