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Banks Accepted for Social Security / SEPE Payments

Link to PDF with list of banks.

 

With regards to ERTE payments, a possible delay could be a discrepancy in information your employer has supplied, from their own records, and the current situation. E.g. if you had a bank account with Cajamadrid when you started working and they fused or were taken over, by Bankia in the end, your bank account would have been changed. When your employer pays your wages into the old Cajamadrid account, they will automatically be re-directed to the correct one. But when that same old account is now communicated with SEPE, it will not be accepted as it’s no longer in existence.

 

Please note: The information provided is based upon our understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. We recommend that if you are considering taking action, you should seek professional advice.

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