Current Account with Check Management and Collection TAE 12.203%

Keep your business moving

and convert pos-dated checks into ready to use money

Branch only

Current Account with Check Management and Collection TAE 12.203%

Keep your business moving

and convert pos-dated checks into ready to use money

Branch only

Current Account with Check Management and Collection

Benefits How much is it How to get it Related topics

Treasury flexibility to address specific needs

Perfect for companies that receive post-dated checks.

Treasury flexibility to address specific needs

Perfect for companies that receive post-dated checks.

Treasury flexibility to address specific needs

Perfect for companies that receive post-dated checks.

Annual Effective Rate (TAE) 
                            12.203%
                            12.203%
                        

Term of 180 days renewable for 90-day periods, unless terminated by either party, communicated in accordance with the contract.

Payment frequency
Interest is calculated daily on the balances used (based on a 360-day calculation) and debited monthly / quarterly / semi-annually to the current account in arrears.

The used balances accrue interest at an annual rate corresponding to the sum of the benchmark rate (typically the Euribor) plus spread (assigned according to each case).

Insurance
While not mandatory, you can choose to get Financing Protection Insurance.

TAE of 12.203% calculated based on a TAN of 8.882% - Euribor 6 months (simple arithmetic average of the daily quotes of the month prior to the interest counting period, which for this example was the month of December 2024, corresponding to 2.632%, plus a spread of 6.25%, for a Secured Current Account with a limit of €50,000, that is fully used, including the File Fee and the Management Fee.

TAE (Effective Annual Rate) calculated under the terms of Decree-Law no. 220/94 of August 23rd.

View price list

Current Account with Check Management and Collection TAE 12.203%

Keep your business moving

Current Account with Check Management and Collection TAE 12.203%

Keep your business moving

Early revenues with post-dated checks and immediate cash for your needs

Permanent and detailed information about the checks in your portfolio and the credit used, through the Corporate homebanking

All the benefits

What’s included?

Less administrative burden, fewer checks to manage, and more time to focus on your business

Treasury flexibility to address specific needs

Perfect for companies that receive post-dated checks.

All the benefits

What’s included?

Early revenues with post-dated checks and immediate cash for your needs

Permanent and detailed information about the checks in your portfolio and the credit used, through the Corporate homebanking

Less administrative burden, fewer checks to manage, and more time to focus on your business

Treasury flexibility to address specific needs

Perfect for companies that receive post-dated checks.

All the benefits

What’s included?

Early revenues with post-dated checks and immediate cash for your needs

Permanent and detailed information about the checks in your portfolio and the credit used, through the Corporate homebanking

Less administrative burden, fewer checks to manage, and more time to focus on your business

Treasury flexibility to address specific needs

Perfect for companies that receive post-dated checks.

Rates and charges

Now the numbers

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