Bank Blocked Your Account in Spain: Reasons, Steps and Timelines

An AML block on a corporate account is one of the most stressful situations for a business owner in Spain.

Key facts and steps

Legal basis: Law 10/2010 / SEPBLAC

Minimum sufficient package (FATF standard):

• Contracts + invoices + delivery notes
• Bank statements for 12 months
• UBO declaration and corporate organogram
• Explanatory letter with legal grounds

Our result: account unblocked within 8 business days.