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This number is indicative of the risk of the product, being 1/6 indicative of lower risk and 6/6 of higher risk.
Banco Santander is attached to the Credit Institutions Deposit Guarantee Fund. For money deposits the maximum guaranteed amount is 100,000 euros per depositor in each credit institution.
Accounts
Santander Legal Persons Account
Current account with no requirements or conditions that, in addition, has no commissions for the first 12 months for new customers. It will allow you to carry out the main financial operations of your business.
Flexible bank account and no requirements
The current account for companies without requirements or conditions by Banco Santander that you can open online.
The Santander Legal Persons Account is the most flexible bank account of Banco Santander's range, and will allow you to comfortably manage your operations via Online Banking.
Characteristics of the Santander Legal Persons Account
- It is not necessary to contract other products or fulfil conditions.
- This is not an interest-bearing account.
- Account maintenance fee: €0 for the first 12 months for new customers (0% APR)1 and then €90/quarter (-0.29% APR)2.
- Administration fee: €0.65/entry.
- It can be opened by residents and non-residents.
- It is available to legal entities, whether or not they are Banco Santander customers.
How to arrange it
The contract process can be carried out online. If you prefer, it is also possible to open an account at your nearest branch.
What important information do I need to know about the Santander Legal Persons Account?
Before signing up for the account, it is important that you carefully consult and review these documents:
- Pre-contractual information: which describes how the account works and its characteristics. You'll find the most important things highlighted in bold.
1. Nominal interest rate: 0%. APR 0%.
2. Nominal interest rate: 0%. APR -0.29% if there is a constant daily balance of €125,000 for 1 year, applying an annual nominal interest rate of 0% and with an account maintenance fee of €360 per year (€90/quarter).
Santander Legal Persons Account
- No fees during the first 12 months (new customers only)
- No additional products required.
- Arrange online or at your nearest branch.
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