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Are Your Deposits Safe? Why Bueno Offers Total Financial Peace of Mind

When managing your property in Spain, ensuring the safety of your finances is paramount. While traditional banks have long been considered secure, Bueno offers a modern alternative that prioritises your peace of mind. Operating under the Electronic Money Institution (EMI) license, Bueno offers unrivalled peace of mind for your money including approval from the Bank of Spain.

The Reality of Traditional Banking

Contrary to popular belief, banks don’t hold your deposits as cash; instead, they invest or lend it. To address potential risks, the EU’s Deposit Guarantee Scheme protects balances up to €100,000. However, balances beyond this limit are not guaranteed, leaving some funds exposed.

Bueno: A Safer Solution

Bueno operates differently. Under the EMI license, your funds are safeguarded and legally segregated. This means your full balance is always protected and available - no lending, no investments, just safety. Unlike traditional banks, the balance on your Bueno statement reflects actual money, not just a record of deposits.

Protection Against Embargo
Foreigners in Spain often worry about "embargoes," where tax authorities can freeze or withdraw funds without prior notice. Bueno offers an added layer of peace of mind - accounts under the EMI framework are not subject to such risks.

Trust, Transparency and Convenience
Named Property Finance Platform of the Year 2024/2025 by Corporate LiveWire in their Global Awards, Bueno combines safety with user-friendly features. Customers from 26+ nations benefit from top-rated multilingual support, transparent banking services and savings of up to 50% on banking, insurance and renewable electricity - plus significant savings on tax services, currency exchange and home security - all accessible in under 10 minutes at GetBueno.com

Bueno redefines peace of mind for property owners in Spain, combining trust, simplicity and significant savings.

About the author

Maria, the Bueno Team

As expats, we know Spain and have experienced the ups and downs of owning property in Spain