Friday, September 20, 2024

Which banks offer pension in August?

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Three entities to offer pension payments in August. (Freebeek)

Every month, millions of pensioners in Spain expect to receive their income, whether pensions, payrolls or state benefits, which are paid at the end or beginning of the month. However, in August From 2024, Some banking entities have decided to advance pension payments. To provide greater convenience to its customers during the summer. Pension and benefit payments do not have a universally defined date, but vary depending on the bank and other factors.

This flexibility allows banking entities to: Set your payment schedulesAccording to their internal policy and the needs of their customers. In August, which is the central time for summer vacation, some banks chose to advance pension payment to avoid any inconvenience. Banner It was one of the first companies to offer prepayment, allowing pensioners to receive their money before the end of July. Specifically, they will execute the transaction on Tuesday. July 23.

Caixa Bank Bankinter closely monitors and pays pensions July 24The entity highlighted that this advancement seeks to provide greater peace of mind and comfort to its retired clients. Likewise, Santander Bank They chose to submit their payments to July 24This initiative is part of its commitment to the well-being of its customers, making it easier to manage their financial affairs during the summer.

While some banks offer payments, Others keep their usual dates.Below is a list of these banks and the dates for depositing pensions:

  • Ibercaja: Thursday, July 25
  • a job: Thursday, July 25
  • Abnca: Thursday, July 25
  • Cotexa Labor: Thursday, July 25
  • Unicaja Bank: Thursday, July 25
  • Bbfa: Thursday, July 25
  • Bank of Sabadell: Thursday, July 25
  • Evo Smart Banking: Friday, July 26
  • Bebank: Thursday, August 1
Banking entities have not escaped the rise in European inflation in recent months, so they have increased their fees. For maintaining unsupported current accounts, the average was 245.82 euros last June.

Advancing pension payments provides several important advantages to beneficiaries:

  • financial planning: Retirees can better plan their personal finances and summer expenses, and avoid potential financial difficulties.
  • comfort: During the holidays, many services can be more difficult to access, so having money available early makes it easier to organize and enjoy the summer.
  • Calm and reassurance: Receiving your pension before the end of the month provides peace of mind and reduces the stress associated with waiting for payments.
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However, it is important for retirees to check payment dates with their bank as they may vary slightly. Additionally, given the increase in cyber attacks during the summer, it is important for retirees to keep their accounts secure and monitor any suspicious activity.

In short, while the majority of banks in Spain maintain their usual pension payment dates, some entities such as Bankinter, CaixaBank and Santander have chosen to advance these payments in July. This advance provides pensioners with greater flexibility and financial security during the summer. It is essential that beneficiaries are informed of the exact dates and take advantage of this advance to plan their finances correctly and enjoy the summer without financial worries.

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