Bankinter launches remote signing for advances to companies to pay taxes

Bankinter is enhancing its digital services for companies. It has recently launched remote signing for a new option for legal entities to apply for advances on tax payments in a quicker and simpler manner.

The procedure simplifies and digitalises this type of transaction for customers and the bank as well. The proxies and authorised representatives of any companies who apply for this loan will not need to travel to branch offices to sign the loan agreement, since they will receive it via the Corporate Banking website. They should sign it online by simply using the coordinate card or with a one-time password (OTP) provided to them. Once they have signed, they will have the requested amount deposited immediately in their accounts.

The bank had already launched remote signing for companies in the summer of 2018 in order to open accounts or apply for loans. These constitute services in high demand by this type of customer, particularly small and medium-sized enterprises. So far, around 3,000 companies have opened accounts and over 1,500 have requested financing using this option.

Accounts, deposits and funds for Individuals

Bankinter is not only boosting its digital offering for corporate customers, but for individual customers as well. In August 2017, it began providing the option of remote signing to take out deposits. Later that year, it also set up services for arranging current accounts, investment funds, brokerage accounts for trading equities and issuing direct debits in the Single Euro Payments Area (SEPA).

In January of last year, remote signing options were extended to pension plan purchases and brokerage accounts for bond trades.

These advances are part of the digital transformation strategy Bankinter has been implementing for several years. 93% of the bank's customers are eminently digital. The bank has a proven track record in technological innovation for financial services.