A person caught next to a wallet with banknotes and logos of banks such as Santander, CaixaBank and BBVA.
LIFESTYLE

Urgent Statement From Banco Santander, Caixabank and Bbva: It's Official, It Will Be This March

The main banking entities advance the payment of unemployment benefits to their clients in March

March has already started and, as usual, it's time to know the payment dates of subsidies from different banks. Well, customers of both Banco Santander, as well as CaixaBank and BBVA can be pleased. They're just around the corner.

With the arrival of a new month, thousands of unemployed people in Spain await the deposit of their benefits. The State Public Employment Service (SEPE) usually makes these payments between the 10th and 15th of each month. However, several banks have decided to advance the payment of these benefits to benefit their customers.

A man talking on the phone with logos of Spanish banks superimposed, including CaixaBank, BBVA and Santander.
Customers of the main banking entities will receive the payment of benefits very soon. | en.edatv.news, Syda Productions, CaixaBank, BBVA, Banco Santander

Banco Santander Leads the Advance of Payments

Banco Santander has announced that its customers will receive the unemployment benefits payment starting March 6. This initiative aims to provide greater liquidity to beneficiaries in the first days of the month, facilitating the management of their personal finances. Additionally, Openbank, Banco Santander's digital subsidiary, also joins this advance on the same date.

Meanwhile, BBVA and CaixaBank have announced that they will make the benefits payment a day later, on March 7. This measure reflects both entities' commitment to their customers. Thus, it provides them with early access to their benefits to meet their economic needs in a timely manner.

Other Entities Advancing the Payment

In addition to those mentioned, others like Unicaja, Bankinter, Cajamar, Cajasur, and Ibercaja have also decided to advance the payment of benefits to March 7. These initiatives demonstrate a trend in the Spanish banking sector to offer better service to unemployment benefits recipients.

Logos of BBVA, Santander and CaixaBank next to a person using a mobile phone.
Some entities have chosen to maintain the usual payment date | CaixaBank, Banco Santander, BBVA, Khunkorn

However, ING, Abanca, and Banco Sabadell have chosen to maintain the usual payment date. Thus, they will make the deposit on March 10, coinciding with the schedule established by SEPE. Although these banks do not advance the payment, they guarantee that their customers will receive their benefits on the official date.

The advance in the payment of unemployment benefits by banks is a practice that seeks to alleviate the economic situation of beneficiaries. This measure is especially relevant in times of high economic demand as it helps the unemployed face their daily expenses without delays.

It is advised that unemployment benefits recipients consult with their bank for the exact payment dates, as they may vary according to each bank's internal policy. Additionally, it is recommended to periodically review official communications from SEPE and the financial entities themselves to stay informed of possible changes or updates in payment dates.

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