This plan allows you make monthly contributions of 50 to 500 euros to the special reinvestment account for the purpose os investing in BBVA shares.
Characteristics
- Become the holder of a special reinvestment account bearing an 8% (APR 8.16%) nominal annual interest rate and free of bank expenses and fees.
- Standing transfer order to the special reinvestment account against the customers current account of 50 to 500 euros each month.
- Choose the reinvestment period: twice (semi-annual) or four times a year (quarterly).
- The reinvestment is done at market prices and is exempt of fees and expenses..The reinvestment is subject to the financial transaction tax (0,20%)
- The purchase price for the stock shall be the arithmetic mean of the BBVA share price from the dividend payment to the day of reinvestment.
How to sign up
- Customers can contract this plan at any BBVA branch in Spain.
- To contract the product you must place a standing transfer order, hold a reinvestment account and a BVA stocks account contract.
Help
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