Tuesday, October 15, 2013

Banco Popular internet: three steps to access your online banking

Bancopopular - e.com is the virtual office or online Spanish Popular Bank , with the advantages of being able to operate as if it were a physical office without the need to travel , and impacting on more profitable products for customers to save costs . this article summarizes in 3 simple steps the procedure to become a client and access their services .

First, the registration request account

Like the other online banks offer a normal current account , called basic account or a bill paid ( salary account ) with a greater interest , if household income of professional activity or performance.
Since web Bancopopular - e.com , you must access the client section to take or directly click on " Basic High " or "High payroll " which redirected to a form to complete with personal data , employment and economic .

Both accounts do not involve any kind of fees being paid the 0.55% basic and payroll tae , tae 2% , with free cards .
Receiving and sending contracts required documentation

Upon completion of the registration process, you must indicate by what means you want to receive the contracts and information attached , with two alternatives :

    By email , which is received after one or two days , including contracts and a number of temporary username and password , by which you have access to see their contracted .

    By mail , within a maximum period of one week, in which contracts are received , the keys and the electronic signature , also provisional .

Once satisfied that everything is correct , must be returned signed by the owner and co-owner , if any, open contracts , with a copy of any of the following documents :

    Identification of each holder
    Payroll , proof of income or income statement
    In case of pensioners , certificate of appreciation for providing
    And for freelancers , paying most recent quarterly VAT , social security receipt or last payment of income tax

Activation of accounts and products

Finally, regarding the required documentation is received , proceed to the activation of the account and the keys , communicating by email , and if you have applied for initial contracts by email, a message is sent to the mobile client, electronic signatures.

When you first access to the web as a client , you must change the keys for security , and by electronic signature , you can access and operate all banking services the organization offers .

Euribor Mortgages : why are characterized ?

The Euribor is the benchmark to which they are linked most mortgages, when talking about the interest it charges a bank for a mortgage , we talk about the price of the index plus a spread that applies the financial institution is normally expressed form EURIBOR + 0.80 ( or the applicable margin ) in this article is because you characterize this type of mortgage can be calculated as the interest paid .

The differential and the Euribor

The front differential as in the introduction is part of the interest charged by the financial institution along with the benchmark which is the Euribor , the latter varies and is listed as the demand for money and the parameters chosen by the European Central Bank , or ECB , the ECB will raise and lower interest rates as the economy of the member countries in the European Economic Union , although sometimes the benefit of a tomb may be for others, to control inflation will climb rates to stimulate the economy and types be lowered .

Normally Spain mortgages are tied to this index variable with semiannual , quarterly and annual mean that the mortgage payment will go up or down as I placed the EURIBOR , always considering fixing floors and ceilings although financial institutions are beginning to declared abusive and these are under continuous review .
Comparing mortgages

When comparing whether a mortgage is cheap or expensive , you have to take into account the differential that applies in the same , in the market you can find spreads ranging from 0.45 % to 2 % , and these last truly higher to hire them.

One of the best ways is to consider annual percentage rates or APR , but you also have to consider hiring some products forced the bank to hire.

Among some aspects to consider addressing this type of mortgage is how much they charge for the repayment of principal or early termination fees , these loans often have the French system in which at the beginning of the mortgage within the quota pay is almost all interest and at the end of it all otherwise everything is almost fee.