Hi. I have ended up with a large amount of money in euro notes. I can only pay sterling into my UK accounts and if I open a euro account in the UK  I can only make deposits by euro non-cash methods. All I want to do is pay the cash into an ordinary euro savings account (not an e-savings one) and I about to open one with Halifax Espana over the internet. I then plan on taking my 'wad' to their Barcelona branch on the plane when i next visit. I have an NIE number so opening the account should be straight forward but I wonder if I turn up with the cash and my account details/savings book/card/whatever if I will be allowed to pay it in.

Like other people I don't want to be given the third degree over possible money laundering accusations  so I don't want a wasted journey.

Has anybody done this (or similar) already?

I look forward to hearing about your experiences.

Mike, London. (British citizen)

Spam post? If so please click here to report it

I Don't know about Halifax but Bankinter will happily accept up to €10,000.  Above that, you have to prove how you got the money.  I'm assuming this is to cut down on the black money issue when selling property.

Spam post? If so please click here to report it