Spain Money


Spain’s currency is the euro (€), with notes issued in denominations of 5, 10, 20, 50, 100, 200 and 500 euros, and coins in denominations of 1, 2, 5, 10, 20 and 50 cents, and 1 and 2 euros.

By far the easiest way to get money is to use your bank debit card to withdraw cash from an ATM. All major credit cards are accepted in hotels, restaurants and shops, and for tours, tickets and transport, though don’t count on being able to use them in every small pensión or village café.

Spanish bancos (banks) and cajas de ahorros (savings banks) have branches in all but the smallest villages. Banking hours are usually Monday to Friday 8. 30am to 2pm, with some city branches open Saturday 8. 30am to 1pm (except June–Sept when all banks close on Sat).


Service charges are included in the bill. You are free to tip if you are very pleased: you would typically leave the small change after paying with a note. Maybe at the most touristy places they expect you to give some extra, but Spanish people do not commonly do it. VAT is-not-included is a common trick for mid-range and splurge restaurants: always check in menu whether VAT (8%, IVA in Spanish) is included in menu prices.

Tax Refund

When you fill in the required fields in Tax Free Form, remember to use the Latin alphabet. Leave enough time before flight departs to get tax refund. Go to Refund office and present your Tax Free Form with stamp got on the Customs desk/Then you will have the refund in cash or on your credit card.