Secured Current Account TAE 12.203%

The credit solution for occasional cash flow needs

Branch only

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Secured Current Account TAE 12.203%

The credit solution for occasional cash flow needs

Branch only

Secured Current Account

Benefits How much is it How to get it Related topics

Annual Effective Rate (TAE)
                            12.203%
                            12.203%
                        

Term of 1 year renewable for the same period

Payment frequency
Interest is deferred and calculated daily on the used balances (based on a 360-day calculation year), debited from the current account according to the agreed-upon payment schedule.

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.

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Secured Current Account TAE 12.203%

The credit solution for occasional cash flow needs

Secured Current Account TAE 12.203%

The credit solution for occasional cash flow needs

Flexible terms, amounts, and interest rates tailored to your treasury needs

Allows foreign currency transactions as long as the currency is listed by the Bank of Portugal

All the benefits

What’s included?

Payment of interest based only on the amount and duration of the credit you use

Adaptable loan for short-term treasury needs without a pre-defined pay-off plan

All the benefits

What’s included?

Flexible terms, amounts, and interest rates tailored to your treasury needs

Allows foreign currency transactions as long as the currency is listed by the Bank of Portugal

Payment of interest based only on the amount and duration of the credit you use

Adaptable loan for short-term treasury needs without a pre-defined pay-off plan

All the benefits

What’s included?

Flexible terms, amounts, and interest rates tailored to your treasury needs

Allows foreign currency transactions as long as the currency is listed by the Bank of Portugal

Payment of interest based only on the amount and duration of the credit you use

Adaptable loan for short-term treasury needs without a pre-defined pay-off plan

Rates and charges

Now the numbers

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