Javea Grapevine Issue 181 - LARGE FONT EDITION | Page 105

ish banks and do
everything on a
smartphone - and
in English. Users
can sign up for
an account within eight minutes,
using a video chat
function to verify their identity no need to go to a
physical bank and
no need to send
in forms by mail.
“A Spanish citizen
can open a German
bank account and
they don’t have
to travel here to
do it,” the spokeswoman said. “With
the technology we
have now it can
be done, so why
shouldn’t it be?”
Users receive just
one piece of physical mail - their MasterCard. Transactions are tracked in
real-time through

an app and cards
can be blocked and
unblocked by the
user at any time.
There are no fees
to hold an account,
or to make a foreign transaction.
Clients’ money is
pr otected by the
German Deposit
Protection Fund.
For full story see:
The Local.es
The end of
commercial
fishing from
Xàbia Port?
A distinct
possibility.
The six construction
companies
hoping to manage
and re-organise the
Port want whole
dock to be for
yachts and money-spinning leisure
boats, hence they

do not want fishermen. According to
newspapers published Friday (Levante and Xàbia
al Día), each fishing boat owner has
been offered between 500,000 and
one million euros
to leave its berth
and it seems the
owners are willing
to listen to offers.
In a recent poll
they empowered
their
president,
José Serrat, to continue negotiations
with the construction
companies.
If they take up the
offers this means
the end of Xàbia
as a fishing port,
and its conversion
to a marina. Xàbia
has one of the few
remaining ports in
the area which includes a traditional