Taxis - Banco Sabadell

1. The POS terminals are products of Paycomet, S.L.U. and marketed by Banco de Sabadell, S.A. Paycomet is a Payment Entity, part of the Banco Sabadell Group, with registered office in Torrelodones (Madrid) at Calle Camino de Valladolid 2, Local, registered in the Mercantile Register of Madrid, Volume 40,715, Folio 165, Page M-722,484, holder of Tax ID No. B95842522. Paycomet holds the funds received by users for safekeeping by depositing them in a separate account opened with Banco de Sabadell, S.A.

2. Product subject to risk acceptance. The granting of the loan, its amount and the repayment period for each transaction requested shall be determined by and contingent on the bank’s risk criteria. The minimum amount for the facility is €3,000, and the maximum, €50,000. It shall be available for one year, which can be extended for up to a maximum of five years.

3. 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.

4. During the first six months of the Sabadell Negocios Account, the requirement established in the contract will not apply. From the seventh month onwards, you’ll only need to have your salary or regular monthly income for a minimum amount of €700 deposited in the account, excluding income from accounts opened in the Banco Sabadell group in the name of the same account holder. If the requirement of a regular monthly income of €700 is not met for the two months prior to the quarterly settlement, the Sabadell Negocios Account will automatically become a Relation Account.

5. During the first 6 months the maintenance fee is €0. From the seventh month, the Sabadell Negocios account maintenance fee is €100 per annum, which will be settled on a quarterly basis (€25 per quarter). Account profitability: 0% Nominal Interest Rate (NIR); -3.940% Annual Percentage Rate (APR); example when keeping an average balance of €2,500 for one year.

The entire maintenance fee is waived (account profitability 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 Income Support 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 billed at least €6,000 with the POS terminal contracted with or through the bank.