In any country, if there is a different language, for many people there is a definite barrier to overcome. Some try, some fail, some look for ways to circumvent the problem.
Even if you do get to grips with the language of a new country, there are specialist vocabularies that can be even harder to digest for people. Financial terminology can be in league with medical and legal terminology when in another country with another language. Not understanding what you are being told or asked to sign can have drastic implications for the unwary. There are scores of people who have found their life savings mis-invested due to lack of knowledge, confusion over terminology or, unfortunately, less than scrupulous employees of financial institutions who are just after their next bonus.
Here at Pennick Blackwell, we treat you as you wish to be treated in your own language. If you are interested in any information, advice or guidance on any financial matter, don’t hesitate to call, email or pop into our offices in Albir to discuss whatever you need. We are happy to offer a free, no obligation advice to any customer who is worries or stuck when it comes to financial matters.
If you are looking to open a bank account, we can advise you on what to look for as well as what to avoid. Many banks will not want customers who, in the bank’s eyes, are not of value to them and we can explain these circumstances to you in order to save you time. Do you want a resident or non-resident account in Spain? Not sure which, we can explain both to you and what you will need to open the account with the bank.
Interested in investing money then we can advise you on the different options the banks will present to you and what they mean for your money.
Don’t just be sold on the interest being provided, some of the best offers mean that you will not be seeing your capital for quite some time, years in many cases.
Prepare with Pennick Blackwell and minimise the risks to your money (and health!)