1. Offer valid until 31/12/2020 and exclusively for new Banco Sabadell customers joining the bank between 01/01/2023 and 31/12/2023.
•, The requirement established in the contract does not apply during the first 6 months of the Sabadell Negocios Account. From the seventh month, there must be a minimum deposit of €700 per month. Income from accounts held with the Banco Sabadell group in the name of the same account holder are excluded.
• Credit policy with ZERO interest, 0.00% NIR, 3% arrangement fee (minimum €150), 0.00% assessment fee and 0.00% charge when not drawn.
Example of APR calculation: 3.09% for credit set up on 01/03/2020 totalling €30,000 to be repaid at 1 year at a fixed nominal interest rate of 0%. The APR calculation includes the 3.00% arrangement fee. Capital to be repaid at maturity on 01/03/2021: €30,000.
Example of APR calculation: 5.26% for credit set up on 01/03/2020 totalling €3,000 to be repaid at 1 year at a fixed nominal interest rate of 0%. The APR calculation includes the 3.00% arrangement fee (minimum €150). Capital to be repaid at maturity on 01/03/2021: €3,000.
The granting, amount and term of each operation requested will be determined and conditioned by the bank's risk criteria.
2. POS terminal free of charge during first 6 months of the contract; no operation or maintenance charges will apply up to the seventh month. JCB, CUP and MasterCard B2B cards belonging to the GWTTP programme are excluded from this promotion, as well as transactions made via Alipay payment systems. Offer not applicable to commercial chains and retail businesses with an annual turnover of more than €120,000. From the seventh month onwards, 0.40% commission will be applied directly for all national cards, as well as those held by European individuals, and a minimum charge of €0.07 will be applied per transaction. Non-European, JCB, CUP, and European corporate cards will be charged 1.80% + €0.39, with a minimum transaction charge of €0.46. MasterCard B2B cards belonging to the GWTTP programme have a 2.95% transaction charge. Rate not applicable to the virtual POS terminal; please consult its specific terms and conditions.
The flat rate based on turnover must be requested at Banco Sabadell branches after the first 6 months of the promotion. Excess turnover will be charged at 1.10%. Only one POS terminal per retail business included. Additional POS terminals will be charged a maintenance fee €3 per month. Flat rate for all types of businesses, except for the Virtual POS which has specific rates depending on the turnover. Consult your specialised manager.
3. Examples of returns in the first year if an average balance of €2,500 is maintained for 1 year, taking into account that no maintenance fee will be charged during the first 6 months:
• Should no discount be applied to the maintenance fee as from the seventh month (NIR: 0.00%, APR: -1.990%) • With 100% discount as from the seventh month (NIR: 0.00%, APR: 0.00%) • With 50% discount as from the seventh month (NIR: 0.00%. APR: -0.998%)
4. All maintenance fees discounted when the account holder has taken out, through the bank and brokered by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell, S.A., Tax Code A-03424223, one of the following insurance policies: Vehicle Protection, Business and Office Protection, Company Protection, Self-Employment Subsidy Protection, Life Protection, SME Life Protection, SME Health Protection, Civil Liability or Professional Civil Liability.
5. Half the maintenance fee will be discounted if one of the following alternative conditions is met by the business during the previous three months:
• A minimum of 60 purchase operations carried out via the point of sale (POS) terminal hired through the Bank. • A minimum of €6,000 invoiced with the POS terminal hired through the Bank. • 6 direct debits for payroll, tax or social security payments through the account.
6. Business Protection is an insurance policy from Zurich Insurance plc, Surcursal en España, with Tax Code W0072130H and domiciled at Calle Agustín de Foxá, 27, 28036 Madrid, registered in the Company Register of Madrid and in the Administrative Register of Insurance Brokers of the DGSyFP under code no. E0189. Insurance brokered by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell, S.A., Tax Code A-03424223, domiciled at Avda. Óscar Esplá, 37, 03007, Alicante, entered in the Company Register of Alicante and in the Special Administrative Register of Insurance Brokers of the DGSyFP under code no. OV-0004, having taken out civil liability insurance in accordance with the regulations on the distribution of private insurance and reinsurance in force at any time. You can consult the insurance companies with which BanSabadell Mediación has an insurance agency agreement at
https://www.bancsabadell.com/bsmediacion.
7. No annual charge for the service during the first year. Annual cost from the second year: €40 + VAT, except in the case of franchises and professional groups with a Banco Sabadell agreement, in which case the annual charge for the service is €20 + VAT. CRISTALWARE CONSULTING SERVICES S.L.U. is the corporation in charge of the telephone legal advice service and PEOPLE VALUE, S.L. is the corporation in charge of the discount and benefits service. These services will be provided in accordance with the conditions established by these organisations at any time, without any intervention or responsibility on the part of Banco de Sabadell, S.A. The Bank is not related to any incident and/or circumstance resulting from or related to the provision of the services, which in any case are subject to the agreements taken out between the Bank and the aforementioned organisations remaining in force. The legal advice hotline will not cover matters or possible incidents related to the customer's activity that might affect its relations with companies from the Banco Sabadell Group, its subsidiaries or associated companies.
8. At ATMs of the main banks belonging to the EURO 6000 network (Abanca, Ibercaja, KutxaBank, Unicaja, Liberbank, EspañaDuero, CajaSur, Caixa Ontinyent, Colonya Caixa Pollença), at Bankia ATMs and at the ATMs of the Banco Sabadell group.
