24 Dec 2011 12:20 PM:

Hi All

I have just registered with Eye on Spain and look forward to finding my way round.

I have an account and mortgage  with Bancaja - now Bankia at Cala de Mijas.  They requested for first time a copy of the building insurance.  Our property is a holiday apartment and insurance is communal.  I sent them a copy and they informed me that as it did not state that the bank had an interest, ie. were the mortage providers they took out a basic insurance and took out 125E from my account.  They said it was the law!!

They also informed me when I visited that unless my salary/pension was not paid directly into the account/ I held shares in Bankia/ had balance of 2000E they would now be charging 6E quarterly.  I did not receive any notification of this development.

Look forward to hearing  your comments.

Tonio

Thread: BANKIA

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