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CAP Campaign 2019

Bankia exempts farmers who receive the PAC aid through direct debit from omission fees and facilitates advanced collection

Bankia has more than 370 branches specialised in the agricultural and livestock industry, all of them located in areas with a significant agricultural industry

Communication Bankia

By  Communication Bankia

Publish on 
01 March 2019 - 10:30

  • The bank will void administration and maintenance fees in all accounts, for debit and credit business cards, along with transfer fees through any platform and of any amount.
  • The entity offers its customers an online Advance Simulator that allows the user to know the different possibilities for advanced payment according to the amount and the date requested.
  • Bankia has more than 370 branches specialised in the agricultural and livestock industry, all of them located in areas with a significant agricultural industry.
  • "The agricultural and livestock industries are strategic for Bankia. We understand the concerns of its professionals, we provide answers to their questions, we offer financial advice and the most appropriate products in each case", says Gonzalo Blanco, director of Commerce and Freelancers, in charge of Bankia's agricultural business.

Bankia has a service aimed at farmers to facilitate the processing of the application for Common Agricultural Policy aids (CAP) 2019.

Farmers and who receive the CAP in a Bankia account will not have to pay the main commission fees. This way, the bank will void administration and maintenance fees in all accounts, for debit and credit business cards, along with transfer fees through any platform and of any amount.

In addition, the beneficiaries of the CAP who receive the aid through direct debit may request the financial institution to pay it immediately through an advance of up to 90% of the amount to which they are entitled.

In addition, Bankia offers its customers an online 'Advance Simulator' that allows the user to know the different possibilities for advanced payment according to the amount and the date requested

Bankia has specialised teams that offer personalised advice to farmers, as well as an agile and simple procedure for processing advanced payments of this aid.

Farmers can process the grants free of charge at their Bankia office until April 30, the deadline set by the regulations to carry out these procedures.

"CAP subsidies are an essential element for the development of the agricultural and livestock industry in Spain. This aid is aimed at being the economic engine of some territories where Bankia has a large presence", said Gonzalo Blanco, director of Commerce and Freelancers, in charge of Bankia's agricultural business.

"For all of this, it is a strategic industry for Bankia. We understand the concerns of its professionals, we provide answers to their questions, and financial advice and we offer them the most appropriate products in each case", added Blanco.

Branches and specialised advisors

Bankia has more than 370 branches specialised in the agricultural and livestock industry, all of them located in areas with a significant agricultural industry.

These offices have human teams experienced in the processing of subsidies, which offer farmers and ranchers the options that best suit their needs.

The commercial initiative is another step in Bankia's commitment to the agricultural business, which has financial solutions geared towards agricultural activity. In addition to the PAC subsidy advances, the bank offers financing of agricultural insurance, subsidised gas oil cards, the Agro-Supply and Agro-Investment loans, and the Agro-food, ICO Lines and foreign trade lines, among others.

The entity also offers a wide range of agricultural insurance products to ensure that the main source of income for farmers is secure, including the possibility of financing the cost of the premium under advantageous conditions.

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CONTACT

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Virginia Zafra de Llera
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vzafra@bankia.com

 

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Guillermo Fernández Martín
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Mariano Utrilla Cortijo
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Irene Rivas García
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DIRECTOR OF DIGITAL COMMUNICATION
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Leticia Lucio Álvarez
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María Navarro Caballero
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