Account management
Simply the way you manage your own accounts and those of your loved ones.
- Do it 100% online.
- Do it your way. 100% customisable.
100% online management of authorised parties
Content 100% online management of authorised parties- Registration and cancellation of authorised parties.
- Permission assignment: read-only and transactional.
- From the website or app.
Group creation
Content Group creationAnother option in the Customise section of your global position.
- You can create them according to the people you share accounts with: parents, children, siblings, etc.
Program alerts and notifications
Content Program alerts and notificationsIf you're an authorised party in other accounts, you don't keep to checking them.
- Customise alerts and notifications to keep track of activity, payments, balances, etc.
Customise your global position
Select the accounts you want to see in your global position: the ones you share with others, the accounts in which you are a guardian or authorised representative, or the groups you have created.
You can do it from the Customise option at the top right corner of your global position.
FAQs
What are authorised parties?
Authorised parties are people who appear in your accounts but don't own the funds or assets in them. They can carry out certain transactions, always within the limit set by the account holder.
How can I add an authorised party to my accounts?
You will be able to add authorized persons through the Bankinter web and app, as well as decide which accounts you want them to be in. The people you have chosen will receive a notification confirming the authorization through the web or the Bankinter app.
To authorize people who are not Bankinter customers, please contact your branch or manager.
What permission am I giving to an authorised party?
Your authorised parties will be able to see your finances and perform certain transactions, depending on the type of account. Examples:
- Current accounts: They can order transfers, Bizums, debits (payments, direct debits), deposits, etc.
- Securities and brokerage accounts: They can issue buy and sell orders.
- Investment fund accounts: They can manage redemptions, as well as additional and regular contributions.
Authorised parties will perform transactions on a joint and several basis, which means they will have complete freedom to act on their own.
Can I remove an authorised party from my accounts?
Yes, through the Bankinter website and app.
What are the tax implications of authorised parties?
Tax obligations only affect the account holders, not the authorised parties. In the event of the death of the holder(s), the authorised party loses their rights over the account.
Read-only passwords
Content Read-only passwordsA good way for children to start finding their feet in the financial environment. With read-only passwords, Mini Account holders can access their account but only to check their balance and activity. They won't be able to carry out any transactions.
- They can keep track of their balance and account and card activity.
- You can reset or cancel them whenever you want.
Bizum for age 14+
Content Bizum for age 14+If your son or daughter already has read-only passwords, you can register them with Bizum, the secure way to send and receive money through your phone.
- You'll have to set a limit, which can be daily, weekly or monthly.
Is there an age limit to be able to register my child with Bizum?
Yes, your child must be at least 14 years old and you must be registered as the guardian of their Mini account.
If I register my child with Bizum, will there be a limit on how much money they can send?
Yes, when you register your child with Bizum, you have to set a daily, weekly or monthly limit. They'll be able to send and request money but they won't be able to make donations to NGOs. Remember, you can change the limit you set whenever you want.
My child is over 14 years old and has a Mini account. How do I register them with Bankinter Bizum?
Just follow these four easy steps:
- Go to "Account management". Once you've signed in with your passwords, you'll see the "Account management" tab in your "Global position".
- If you haven't already given your child read-only passwords, you need to do so now. With these passwords, they will be able to view their account but they won't be able to perform any transactions. In the specific case of Bizum, the read-only passwords will let your child check their balance and the number of Bizums they have sent and received.
- You can register your child with Bizum and set the limit for transactions in "Account management". We'll ask you to assign a maximum daily, weekly or monthly amount that they can use with Bizum from their Mini Account. We have our own limit, which is a maximum of €200 per transaction.
- Lastly, as the parent or guardian, we'll ask you to confirm the registration application. At that point, your child will have to confirm the phone number they are going to use for Bizum transactions.
Who can I use Bizum with?
You can use Bizum with anyone who is registered with the Bizum service.