Free Basic Payment Account scheme for people in a situation of vulnerability or at risk of financial exclusion.
Unicaja Banco cannot require payment of an account maintenance fee where all the Basic Payment Account's holders are in a special situation of vulnerability or at risk of financial exclusion, can duly prove said situations and Unicaja Banco acknowledges such situations according to the provisions set forth in Royal Decree 164/2019 of 22 March establishing a free basic payment account scheme to benefit people in a situation of vulnerability or at risk of financial exclusion. This free scheme shall be subject to periodic reviews pursuant to said legislation.
In this regard, all the holders must meet the following requirements during the entire time they intend to benefit from the free scheme:
a) Gross economic income per family unit calculated on an annual basis may not exceed the following thresholds:
1.º In the case of people who do not form part of any family unit, twice the Public Income Indicator for Multiple Purposes for twelve payments in force at the time the application is filed.
2.º In the case of people who form part of any kind of family unit made up of less than four members, two and a half times said indicator.
3.º In the case of family units made up of four or more members or which are recognised as a numerous family according to prevailing legislation, thrice said indicator.
4.º In the case of family units having a person suffering from a disability equivalent to or exceeding 33 per cent, as officially recognised by a resolution issued by the Institute for the Elderly and Social Services or by the competent agency of the regional authorities, thrice said indicator.
b) No members who make up the family unit may hold any direct or indirect titles of ownership or rights in rem on any real property, apart from the main residence, or be the actual owners of any companies
* In order to determine the concept of "family unit" in its various forms, the provisions set forth in Article 82 of Act 35/2006 of 28 November on Personal Income Tax and partially amending the Corporation Tax, Non-Residents' Income Tax and Wealth Tax Acts shall apply, though for the purposes set forth in the aforementioned Royal Decree 164/2019, civil partnerships formed in accordance with the legal requirements that apply to them shall be dealt with in the same way as spouses who are not legally separated.
The following information on all the people who make up the family unit must be filed:
a) Number of people who make up the family unit, which shall be proven by filing the family register or a document proving registration as a civil partnership.
b) Income received by the family unit's members, which shall be proven by each of its members filing any of the following documents:
1.º Certificate of income and, where appropriate, certificate of having filed a Wealth Tax return referring to the last fiscal year issued by the State Tax Administration Agency or by the regional authority's competent agency.
2.º Last three pay slips received.
3.º Certificate issued by the unemployment benefits or subsidies agency, indicating the monthly amount received for said items.
4.º Certificate proving social income, minimum income for integration or any similar social assistance aid granted by regional and local authorities.
5.º In the case of self-employed workers, certificate issued by the management agency, indicating the monthly amount received if the applicant is receiving cessation of trading benefit.
Where the aforementioned documents are unavailable, a report must be filed indicating the family unit's composition or justifying its suitability for access to a free basic payment account, as appropriate. This report must be issued by the social services of the local authority where the applicant is registered.
The applicant shall be given written notice of the free Basic Payment Account's approval or denial at no charge within a maximum time limit of thirty days as from the date the documents containing the aforementioned information have been filed by the applicant. If said time limit elapses without Unicaja Banco having given the applicant notice thereof, the free basic account shall be deemed to have been approved.
Duration of the free Basic Payment Account
The free Basic Payment Account shall be maintained for a two-year period as from the date its approval comes into force, unless the institution is able to prove that the customer is no longer part of a vulnerable group or at risk of financial exclusion. The free Basic Payment Account shall be extended for successive two-year periods if it is proven within the time limits set forth that the situation of special vulnerability or risk of financial exclusion persists. If it has been impossible to obtain the information required from the customer or it turns out that any of the circumstances required are not met after the renewal of information application is filed, the customer shall lose entitlement to the free Basic Payment Account.