In compliance with the new legal provisions concerning money laundering and terrorism financing prevention,  Spanish banks are checking that their clients’ identity documents and tax numbers are updated and that their signatures have been electronically recorded on their computer systems, etc.

If the above requirements are not met, your account may soon be BLOCKED (frozen).

It is therefore important for you to contact the office of your bank where you have an open bank account to check whether the above requirements are being met and to update or add to your existing personal information where applicable.

If there are any persons authorised to operate your account, they will need to do the same.

This is something that may only be done “in person” by the account holder or holders, as the banks will not provide any information to third parties who are not formally authorised signatories for the account.