Promissory Note TAE 11.481%
A simple financial solution
that secures your company's periodic obligations
that secures your company's periodic obligations
Branch only
Promissory Note TAE 11.481%
A simple financial solution
that secures your company's periodic obligations
that secures your company's periodic obligations
Branch only
A simple and quick credit solution
Interest charged only at the due date of the promissory note
All the benefits
What’s included?
Renew your promissory note upon expiration with one of equal or lower value
View more
Recommended renewal percentages: 10% at 30 days or 25% at 90 days.
Better control of your treasury
View more
Manage the fluctuations and occasional treasury needs of your company.
All the benefits
What’s included?
A simple and quick credit solution
Interest charged only at the due date of the promissory note
Renew your promissory note upon expiration with one of equal or lower value
View more
Recommended renewal percentages: 10% at 30 days or 25% at 90 days.
Better control of your treasury
View more
Manage the fluctuations and occasional treasury needs of your company.
All the benefits
What’s included?
A simple and quick credit solution
Interest charged only at the due date of the promissory note
Renew your promissory note upon expiration with one of equal or lower value
View more
Recommended renewal percentages: 10% at 30 days or 25% at 90 days.
Better control of your treasury
View more
Manage the fluctuations and occasional treasury needs of your company.
Rates and charges
Now the numbers
Effective Annual Rate
11.481%
11.481%
Term
from 30 to 180 days
from 30 to 180 days
The payment period corresponds to the due date plus the following 2 working days.
TAE calculated based on a TAN of 8,132% - Euribor 6 months (simple arithmetic average of the daily quotations of the month prior to the interest counting period, which for this example was the month of dezembro 2024, corresponding to 2,632%, plus a spread of 5.5% considering a new operation of €50,000 at 90 days. The calculation takes into account postponed interest and incorporates the Processing Fee and the Refund/Down Payment Fee.
The TAE (Effective Annual Rate) was calculated under the terms of Decree-Law No. 220/94, of May 23rd.
TAE calculated based on a TAN of 8,132% - Euribor 6 months (simple arithmetic average of the daily quotations of the month prior to the interest counting period, which for this example was the month of dezembro 2024, corresponding to 2,632%, plus a spread of 5.5% considering a new operation of €50,000 at 90 days. The calculation takes into account postponed interest and incorporates the Processing Fee and the Refund/Down Payment Fee.
The TAE (Effective Annual Rate) was calculated under the terms of Decree-Law No. 220/94, of May 23rd.
Visit the nearest Corporate branch
Visit the nearest Corporate branch
and talk to your manager to find out how to get this account.
Related topics
You might like these too...
Secured Current Account TAE 12.203%
Secured Current Account TAE 12.203%
Credit solution for cash flow needs
Credit solution for cash flow needs
Commercial Discount TAE 10.703%
Commercial Discount TAE 10.703%
Convert credit sales into immediate cash
Convert credit sales into immediate cash
Credit card Gold Empresas TAE 18.096%
Credit card Gold Empresas TAE 18.096%
A card that adds value to your business
A card that adds value to your business
Secured Current Account TAE 12.203%
Secured Current Account TAE 12.203%
Credit solution for cash flow needs
Credit solution for cash flow needs
Commercial Discount TAE 10.703%
Commercial Discount TAE 10.703%
Convert credit sales into immediate cash
Convert credit sales into immediate cash
Credit card Gold Empresas TAE 18.096%
Credit card Gold Empresas TAE 18.096%
A card that adds value to your business
A card that adds value to your business