Reality of U.S. Banks in Spain
In Spain, American banks such as J.P. Morgan Chase, The Bank of New York Mellon, Bank of America, and Citibank do have offices—primarily in Madrid—but they only serve corporate, investor, or wealth-management clientele. None of them provide regular checking or savings services for private individuals.
Therefore, U.S. expats or visitors generally cannot rely on these institutions for daily banking needs in Spain.
Better Alternatives for Personal Banking
- Local Spanish banks offer accessible account options even for non-residents, with processes that are often manageable and localized.
- Digital or online-only banks (e.g., N26, Revolut) are also popular among expat communities for their ease of use, international transfer support, and multilingual interfaces.
An Alternative for Seamless Multi-Currency Mobility
For users managing cross-border finances—be it sending funds, managing multiple currencies, or spending abroad—a modern global payment platform is often more fitting. DogPay allows users to hold and convert across various fiat and crypto assets, and use virtual cards like Apple Pay. With coverage in over 180 countries and near-zero transaction fees, it offers streamlined, low-cost, global financial mobility.
