Spain Property Completion Payment Checklist
Checklist for UK buyers sending completion funds to Spain: who you pay, documents to have ready, timing, and who provides the payment.
Globe FX team · · 5 min read
In short
- Pay the account your Spanish lawyer or notary gives you, and confirm it by phone.
- Have identity, source-of-funds records and the payment instruction ready before completion week.
- Globe FX looks after you. GC Partners, which is FCA-authorised, sends the payment.
A completion payment is the moment a Spanish purchase becomes real money. This checklist is the practical version: who gets paid, what to have ready, and who actually sends the funds.
The longer walk-through of reservation, deposit and completion is in how to transfer money to buy property in Spain.
Who you pay
Pay the person your purchase contract names. That is usually your Spanish lawyer's client account, the notary, or the developer on a new build. Use the account details they give you in writing, then confirm them by phone on a number you already have for that firm. Do not take a last-minute change of bank details from an email.
What to have ready
- Proof of who you are. The payment provider checks this once, before the first transfer.
- Where the money came from. Savings, a house sale or a mortgage. Keep the records. Spanish notaries and banks ask for this too.
- The payment instruction. Amount in euros, the beneficiary's account name and bank details, and any reference your lawyer wants on the payment.
- Your dates. When the deposit is due, and the day you sign the deeds.
Your specialist will tell you if anything else is needed for your payment. This list is the usual set, not a promise that nothing further will be asked.
What can affect timing
The currency, the destination bank, and when your pounds reach the payment provider all change how long the transfer takes. Weekends and Spanish public holidays can too. Do not plan to send completion funds the day before you sign. Ask for a realistic arrival time before you commit to a rate.
This article is general information, not financial, legal or tax advice. Exchange rate examples are illustrative. Speak to a qualified professional about your own situation.
