Real estate - Banco Sabadell

* Todos los TPV son productos de PAYCOMET, S.L.U. y están comercializados por Banco de Sabadell, S.A. Paycomet es una Entidad de Pago, perteneciente al Grupo Banco Sabadell, con domicilio social en Torrelodones (Madrid), calle Camino de Valladolid, 2, local, inscrita en el Registro Mercantil de Madrid, tomo 40.715, folio 165, hoja M-722.484, titular del CIF n.º B95842522. Paycomet salvaguarda los fondos recibidos por los usuarios mediante depósito en una cuenta separada abierta en Banco de Sabadell, S.A. Banco de Sabadell, S.A. accederá a los datos relativos a la tipología de TPV, situación del mismo y facturación en su condición de comercializador de Paycomet, S.L.U.

1 Product subject to risk acceptance. The granting, amount and term of each transaction requested will be determined by and subject to the Bank's risk criteria. The minimum amount for the facility will be €3,000, and the maximum will be €50,000. It will be available for one year, which can be extended for up to a maximum of five years.

APR drawdowns Online Payment Facility.

Interest rate: 0.00%. Drawdowns are interest-free and are repaid monthly. APR from 6.29% to 11.05%. Facility arrangement fee: 0%. Facility assessment fee: 0%. Examples of calculation where the first drawdown is on 20/09/2024:

APR: 6.29% on drawdowns of €3,000, to be repaid in 1 month with a drawdown fee of 0.5%

(no minimum). Single instalment of €3,000. Total amount payable: €3,015. Total cost of the loan: €15.

APR: 9.53% for a drawdown of €3,000 to be repaid in 3 months with a drawdown fee of 1.5% (no minimum). Three instalments of €1,000. Total amount payable: €3,045. Total cost of the loan: €45.

APR: 11.05% for a drawdown of €3,000 to be repaid in 6 months with a drawdown fee of 3% (no minimum). Six instalments of €500. Total amount payable: €3,090. Total cost of the loan: €90.

2 During the first 6 months of contracting the Sabadell Negocios Account, the requirement established in the contract will not apply. Starting from the 7th and seventh month, you will only have to have a payroll or regular monthly income of a minimum amount of 700 euros direct deposited, excluding those income from accounts opened in the Banco Sabadell group in the name of the same owner. If this regular monthly income requirement of 700 euros is not met for two months prior to the quarterly settlement, the Sabadell Negocios Account will automatically become a Relationship Account.
Likewise,the maintenance fee for the first six months will be €0. From the seventh month, the maintenance fee of the Sabadell Negocios account is €100 per annum, which will be settled on a quarterly basis (€25 per quarter). Account profitability: 0% Nominal Interest Rate (NIR). Annual Percentage Rate (APR): -3.940%, example: if an average balance of €2,500 is maintained for 1 year.
The maintenance fee is fully waived (profitability of the account of 0% NIR and 0% APR) if during the settled period:  
- The account holder has taken out one of the following insurance policies through the Bank brokered by BanSabadell Mediación: Car Protection, Business Premises and Office Protection, Business Protection, Self-Employed Subsidy Protection, Life Protection, SME Life Protection, SME Health Protection, Civil Liability or Professional Civil Liability.  
- Or, if in the last three months, the account holder has carried out at least 60 purchase transactions with the Point of Sale Terminal (POS) contracted with or through the Bank, or has invoiced at least €6,000 with the POS terminal contracted with or through the Bank. Waiver of half the maintenance fee (profitability of the account of 0% NIR and -1.9850% APR: example if an average balance of €2,500 is maintained for one year) if, during the last three months, the following condition is fulfilled by the establishment: the account is debited six times to pay wages and salaries, taxes or social insurance contributions.