Offer valid until 31/12/2024, exclusively for new Banco Sabadell customers that are self-employed workers, retailers, and small businesses, registered with the bank between 01/01/2024 and 31/12/2024.
1.The requirement established in the contract will not apply during the first 6 months of holding a Business Sabadell Plus Account. After the seventh month, there must be a minimum monthly income of €3,000. This requirement must be met on a monthly basis, and if it is not met for two consecutive months, the Business Plus Sabadell Account will automatically become a Relación Account. Income from accounts opened with the Banco Sabadell Group in the name of the same account holder are excluded.
2.From the seventh month onwards, for all private cards issued in this country and in the European Union, the percentage of 0.40% will be applied, with a minimum fee of € 0.07 per transaction. Domestic corporate cards will be charged a fee of 0.80% with a minimum of €0.07 per transaction. EU corporate cards and cards from outside the EU (private and corporate). JCB and CUP will have a fee of 1.80% + €0.39 with a minimum transaction fee of €0.46. Transactions made with American Express cards are excluded from these costs and are subject to specific fees. Transactions made through Bizum will have a fee of 0.40% with a minimum price of €0.15 per transaction. Rate not applicable to virtual POS, see specific conditions. MasterCard B2B cards under the GWTTP programme incur a transaction fee of 2.95%.
During the first 6 months, the POS terminal maintenance fee will be waived with the Business Sabadell Plus Account. From the seventh month on, the monthly POS terminal maintenance fee applied will be €6.
3. The granting, amount and term of each transaction requested will be determined by and subject to the Bank's risk criteria. The minimum amount of the Online Payments Facility will be €3,000 and the maximum amount will be €50,000. It will be available for 1 year, which can be extended up to a maximum of 5 years. For the Online Payments Facility:
Interest rate: 0.00%. Drawdowns are interest-free and are repaid monthly. For the Online Payments facility: Interest rate: 0.00%. APR from 6.29% to 11.05%. Arrangement fee: 0%. Assessment Fee: 0%. Drawdowns are interest-free and are repaid monthly. Examples of calculation where the first drawdown is on 20/09/2023: APR 6.29% for a drawdown of €3,000 to be repaid in 1 month with a drawdown fee of 0.5% (no minimum), a single instalment of €3,000; total amount payable: €3,015, total cost of credit: €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 credit: €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 credit: €90.
4.For transfers in euros made through self-service channels, both domestic and to EEA countries (not immediate).
For new customers only, until 31/12/2024