Activities and Services

Banks can carry out the following activities:

• receipt of deposits or other reimbursable funds;
• loans and credits, including in particular, consumer credit, mortgages, factoring (with or without recourses) and the financing of commercial transactions, including forfaiting;
• financial leasing (leasing), with or without purchase options;
• granting of guarantees and warrants;
• payment transactions;
• issuance and management of means of payment, among others, credit cards, travellers’ checks and bank checks;
• transactions for the entities own account or on behalf of clients whose objectives are:
  • money market instruments (checks, drafts, certificates of deposit, etc.),
  • exchange markets,
  • financial futures and options,
  • currency or interest rate instruments,
    marketable securities;
• participation in the issuance of securities and provision of related services;
• intermediation in interbank markets;
• business reports;
• safety deposit box rental;
• the investment and auxiliary services related to articles 20 and 21 of Law 7/2013 [Llei 7/2013].

Banks are companies that are dedicated to the reception of deposits and other reimbursable funds, and to the granting of loans of any nature for their own account.