Spain has a wide range of business banking options for startups and SMBs, from established banks to digital financial providers. Comparing account fees, features and eligibility requirements can help businesses identify a solution that fits their operations and provides the flexibility needed as they grow.
Spain’s banking sector operates under the supervision of Banco de España and European financial authorities. They must also follow EU regulations such as PSD2, which strengthens payment security and supports open banking services.
Business accounts have also become increasingly digital in 2026, with providers offering tools that extend beyond everyday payments. This guide compares the top business accounts for startups and SMBs in Spain, focusing on the features and costs that matter most.
Can Startups and SMBs Open an Online Business Account in Spain?
Yes, businesses and self-employed professionals in Spain can access online business accounts from banks and fintechs. However, eligibility and documentation depend on the provider and the legal structure of the applicant.
Business forms commonly eligible include:
- Sociedad de Responsabilidad Limitada (SRL or SL)
- Sociedad Anónima (SA)
- Empresario Individual (Autónomo)
The application process varies between providers. Businesses may be asked to provide identification and company registration documents, as well as information about directors.
Providers are also required to carry out Know Your Customer (KYC) and anti-money laundering (AML) checks before services are activated. The exact requirements can depend on the company structure, ownership and business activity.
Discover our business accountIs a Business Bank Account Mandatory for Startups in Spain?
The requirements depend on the legal structure and how the business operates.
Commercial companies in Spain are subject to minimum share capital requirements when they’re established. The minimum share capital for a Sociedad Limitada is €1 under the Crea y Crece framework, although companies with capital below €3,000 are subject to additional rules until that threshold is reached.
Although some other legal forms don’t require a dedicated bank account, separating personal and business finances can be very helpful. This can simplify bookkeeping and help you track business transactions more easily.
Top Business Accounts for Startups & SMBs in Spain (2026)
The most suitable business account depends on the company’s legal structure, transaction volume, international activity and financial management requirements.
Here are several options to help you find the best business account for startups in Spain.
Finom
Finom provides a digital business account solution for startups and growing SMBs in Spain. The account combines a Spanish IBAN and payment services with tools for invoicing, expense management and team permissions, including NetSuite, Odoo and Sage.
Finom has different plans depending on business size and requirements. The current pricing includes the Basic plan at or €17 per month and Smart at €34 per month, excluding VAT. The Pro plan is listed at €119, while Grow costs €249.
Depending on the plan, features include physical and virtual Visa cards, spending controls, scheduled payments and cashback. Businesses can also create a personalised Custom plan.
BBVA
BBVA offers business accounts for both autónomos and companies in Spain, combining online banking with access to a traditional banking network.
Their Welcome Companies Account (Cuenta Empresas Bienvenida) currently advertises no administration or maintenance fees, as well as a business debit or credit card. It also includes transfers, checks and payroll services without fees. In the first 12 months, SEPA debits are free of charge.
For autónomos, BBVA’s Cuenta Negocios Bienvenida is available online and includes a debit card without issuance or maintenance fees. The provider also offers a dedicated business manager, free SEPA transfers for 12 months and simple online account opening.
CaixaBank
CaixaBank offers business banking services for SLs and SAs with annual revenue up to €10 million through its Online SME account (Cuenta Pymes). The account has no maintenance fees for qualifying new customers and it includes one debit card, two credit cards and two income cards.
The account includes free SEPA transfers in euros, Swedish kronor or Romanian leu. Businesses can also qualify for up to €600 cashback if they pay taxes and social security through their CaixaBank account.
CaixaBank also provides access to physical banking infrastructure and over 11,000 ATMs. This is particularly relevant for businesses that need branch services or cash-related facilities alongside digital banking.
Qonto
Qonto’s offer includes online business accounts for autónomos, companies and growing teams. Their available plans combine payments with features such as invoicing, expense management and team administration. Qonto also offers Spanish IBANs, 24/7 customer support and at least one physical card per account.
For autónomos and growing businesses, Qonto currently lists their Smart plan for €19 per month and Premium at €39. Plans for small and expanding teams include Essential for €49 a month and Business at €109 per month.
The plans include different allowances for SEPA transfers and direct debits, sub-accounts and accounting features. For example, Smart includes 100 transfers per month and one sub-account, while Essential allows 250 transfers and 9 sub-accounts. The Business plan also comes with unlimited virtual cards and priority customer support for businesses with more complex requirements.
Bunq
Bunq offers four Business plans: Free Business, Core Business, Pro Business and Elite Business. All of them include savings accounts, instant payments, scheduled payments and virtual cards.
Free Business is designed for sole proprietors and it includes three accounts, while Core starts at €7.99 per month and includes five bank accounts, team access and 100 free instant transactions per year. It also comes with a physical card.
Pro Business costs €13.99 per month and adds features for growing teams, including up to 25 bank accounts, Company Cards and spending limits. It also includes automation tools and 25 digital and three physical cards. Elite Business costs €23.99 per month and is aimed at businesses with more international banking needs.
Across the plans, Bunq provides mobile banking, spending insights and deposit protection, with higher plans adding more features.
Santander
Santander's Business Account is designed for smaller companies with annual turnover below €2 million. It has no maintenance fee and is non-interest-bearing, so it’s a straightforward account for everyday business banking.
Key account features include a debit card with no issuance or maintenance fees, plus fee-free standard and instant euro transfers made online or through ATMs. Domestic euro cheque processing is also free, while urgent transfers incur fees.
For startups and growing SMEs, the account also connects with Santander’s broader business services, including POS terminals, invoice advances and the Santander Business App. The app supports payments, transfers and account management, including accounts held with other banks.
Banco Sabadell
Cuenta Sabadell Negocios is designed for autónomos, small businesses and companies. Features cover free online euro transfers, including instant transfers within Spain and the EEA, plus access to business banking and dedicated support.
To open and maintain the account, businesses need to direct debit a payroll or regular income of at least €700 per month. During the first six months, this requirement doesn’t apply and there’s no maintenance fee. From the seventh month, the standard fee is €140 per year, with discounts or exemptions available.
The account includes Business Mastercard debit and credit cards with no issuance or maintenance fees. Businesses also get free telephone legal assistance for the first year, helping with any legal matter related to their professional activity.
Learn about free invoicing serviceKey Features Startups & SMBs Should Look For
Choosing a business account for a startup or SMB involves more than looking at the monthly subscription. Businesses should consider how well the provider fits their current operations and whether its features can support additional employees, transactions and international activity.
Here are some factors to consider when making a decision:
Multi-User Access and Role Permissions
- Admin controls for managing users
- Different permissions for employees and managers
- Physical and virtual employee cards
- Payment approval workflows
- Accountant or bookkeeper access
Cash Flow and Expense Management Tools
- Real-time notifications for transactions
- Expense categorisation
- Spending limits for employees or teams
- Shared financial dashboards
- Budget and spending controls
Accounting Integrations
- Automatic transaction synchronisation
- Invoice and receipt management
- Accounting software integrations
- API access
- Data exports
International Payments and FX
- SEPA transfers for euro payments within the EU
- International transfers via SWIFT or similar networks
- Multi-currency support
- Transparent FX fees when converting between currencies
Credit and Financing Options
- Business credit facilities
- Overdrafts
- Corporate cards
- Business loans
Cash services
- Cash deposit options
- ATM availability
- Branch access
- Cash withdrawal limits
Looking for a scalable business account for your company?
Finom combines everyday financial services with tools designed for startups and growing businesses. Companies can manage payments, invoices, expenses and team spending from one platform.
Features such as scheduled payments, bulk payments and accounting integrations can help reduce manual administration as a business expands. Higher plans also provide larger transaction limits and additional support options.
The account includes a Spanish IBAN, international payments and user permissions. Finom offers several plans, allowing companies to select a setup based on their size, transaction requirements and desired financial management features.
Learn more about FinomOnline Business Account vs Traditional Bank for Startups and SMBs
| Feature | Online Business Account | Traditional Bank |
| Account opening time | Often completed online | May include additional verification or branch appointments |
| Branch access | Limited or unavailable | Access to a wider branch network |
| Multi-user management | Often built into the platform | Depends on the provider |
| Fees | Often based on monthly plans | May depend on account packages and conditions |
| Cash services | Can be more limited | Usually stronger |
| International services | Often focused on digital payments and FX | Availability varies by provider |
How to Choose the Right Business Account for Your Startup
Every company has different financial requirements. The appropriate business account depends on the legal structure, number of employees, transaction volume and whether the company operates internationally.
Before opening an account, consider the following questions:
- What is your legal structure, such as SL, SLU, SA or autónomo?
- Do you need a Spanish IBAN?
- How many employees need access?
- Do you receive international payments?
- Do you need physical or virtual employee cards?
- What is your expected monthly transaction volume?
- What accounting software do you use?
- Will you need cash deposits?
- Do you need to manage Spanish tax or Social Security payments?
- Do you need access for your gestor or accountant?
- Will you need business financing as the business grows?
Conclusion
Spain has a broad selection of business accounts for startups and SMBs, ranging from digital providers that prioritise automation to traditional banks offering branch networks and cash-handling services. The right account will mainly depend on how the business operates and its stage of growth.
When choosing an account, businesses should look at their day-to-day banking requirements, future plans and the level of support they expect. The right account should meet their needs today while providing the flexibility to adapt as the business grows.
This article is for informational purposes only and should not be construed as financial or investment advice.
