Banco Sabadell's Digital Account for Self-Employed Individuals Qorus-Infosys Finacle Banking Innovation Awards 2024

Submitted by

Banco Sabadell

Premium
18/06/2024 Banking Innovation
Revolutionizing self-employed banking in Spain with Banco Sabadell's digital account - zero fees, 2,5% interest, and exclusive benefits
Innovation details
Country
Spain
Category
Core Offering Innovation
Keyword
Customer acquisition & loyalty, Customer experience, Customer service, Innovation, Digital channels & Omnichannels, SME Banking, Targeted-niche offerings

Innovation presentation

Banco Sabadell launched in March 2024 the "Cuenta Online Sabadell Autónomos", a groundbreaking digital account designed exclusively for self-employed individuals.

This innovative product is a testament to the bank's commitment to more than 3,3 million self-employed individuals in Spain, offering a 100% digital onboarding process that extends the benefits of retail accounts to self-employed customers.

With features like no fees or conditions, 2,5% annual interest on balances up to €50,000 for the first year, and an annual bonus of €120 for direct debit Social Security payments, it stands out as a leader in digital banking solutions.

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