How to operate with Correos Cash
Find out with this tutorial how to do it with your mobile from the Santander App
We have struck an agreement with Correos to allow you to withdraw cash from your account and make deposits at the more than 4,600 Correos post offices all over Spain. This adds financial services to more than 1,500 locations where Banco Santander does not have any branches or associates.
You can also use this service to have a postman deliver up to EUR 500 to you or to a third party that is a client of Banco Santander at any address in Spain.
Correos Cash provides you with 3 new services:
You have two alternatives for these transactions:
We can offer you two commission-free transactions per month per customer, branch cash withdrawals and deposits, if the transactions are carried out in a Correos branch at a location where Banco Santander does not have a branch or any associates.
The commission for these services when they are carried out in branches of Correos where Santander does have a facility or an associate, or when the monthly minimum of two transactions has been exceeded at locations with no Banco Santander branches, is as follows:
You can use our branch and ATM search facility at any time to find all Banco Santander branches and ATMs and branches of Correos and their opening hours.
The commission for home cash deliveries by a postman is EUR 6.
Home cash deliveries are made to the address stated when the transaction is requested, between 1 and 3 working days following confirmation by Correos.
Correos will send you an SMS confirming receipt of an order, and another SMS to tell you the day on which the delivery will be made. In this case, the debit to your current account for the amount of the transaction plus the EUR 6 commission will be made at the time the transaction is requested, because the cash is given to Correos to manage the delivery.
If you are not at home when the delivery is made, Correos will instruct you to go to any of its branches in Spain to collect it, over a minimum period of 18 days following confirmation of the request. If you do not make any use of the cash within the timeline stipulated, it will be credited to your account again. The commission for the home delivery service by Correos will not be returned under any circumstances.
Correos Cash allows you to cancel the home cash request at two different points:
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