Emma Pearson - emma.pearson@thelocal.com
Updated: Thu 10 Sep 2026 13:27 CET
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A Bank of America branch office in Los Angeles, California. Photo: Justin Sullivan/Getty Images/AFP
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Your questions answered on how new EU banking law affects Americans in Spain
In recent weeks, many Americans in Spain have received letters from their US banks warning them that they may have to close their accounts due to a new EU banking requirements - we asked specialists in financial planning and tax to explain the implications.
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