A unified instant-transfer service from the Spanish banking system. Your mobile number is the payment address, and it is used for P2P transfers, small shops, online checkout and donations across Spain.
!Not a bank. Bizum operates as an instant payment service run by the Spanish banking system, attached to your bank account; wallet balances are e-money / stored value, NOT deposits, and are outside deposit-insurance protection. Funds are safeguarded in segregated / trust accounts under the applicable rules, not covered by any deposit guarantee scheme.
Yes, but only once you have a Spanish bank account. Spain allows non-resident accounts (NIE required); after that you activate Bizum inside your bank’s app. Tourists without a local account cannot open Bizum on its own.
No minimum top-up — funds are debited from the bank account｜Free for consumers at most banks; some banks charge for merchant acceptance.
Typically EUR 500–1,000 per transaction with monthly receiving caps, as set by each bank. Bizum itself holds no balance and is not deposit-insured.
Yes, but only once you have a Spanish bank account. Spain allows non-resident accounts (NIE required); after that you activate Bizum inside your bank’s app. Tourists without a local account cannot open Bizum on its own.
Local bank account: Required — you need a Spanish bank account; the service is embedded in your bank’s app. Items typically needed: A Spanish bank account (opened with an NIE); A Spanish mobile number; Your bank’s app and online banking credentials.
Typically: A Spanish bank account (opened with an NIE); A Spanish mobile number; Your bank’s app and online banking credentials.
How to sign up: Fully online — activated inside your Spanish bank’s app (About 3–5 minutes once you have a bank account). Steps: 1) Open a Spanish bank account first (non-residents use NIE plus passport) 2) Log in to your bank’s app and find the Bizum section 3) Register your Spanish mobile number and confirm the SMS code 4) Accept the terms to activate 5) You can now send and receive using a phone number Fees: Free for consumers at most banks; some banks charge for merchant acceptance.
Typically EUR 500–1,000 per transaction with monthly receiving caps, as set by each bank. Bizum itself holds no balance and is not deposit-insured.
E-wallet rules change often — always follow the latest instructions in the official app.