Banco Primus, S.A., Sucursal en España

Banco Primus, S.A., Sucursal en España is the Spanish branch of a Portuguese credit institution that operates under the EU passport regime, with prudential supervision led by Banco de Portugal and conduct oversight in Spain by Banco de España. Its activity in the Spanish market focuses on consumer finance, especially vehicle financing and point‑of‑sale loans distributed through car dealers, brokers, and other commercial partners, with limited direct retail presence and a predominantly digital onboarding process. Product design typically revolves around fixed‑installment loans with risk‑based pricing, standard opening and management fees disclosed in the pre‑contractual information (ESIS/SECCI), and repayment via SEPA direct debit; early repayment, partial or total, is permitted subject to the compensation caps set by Spanish consumer credit law, and arrears handling follows the transparency and collection rules applicable in Spain. Underwriting involves affordability checks, documentation of income and identity, and consultation of credit files and registries used in the market; approval times and final APR vary by profile and channel. The branch does not operate as a universal bank in Spain and does not usually market current accounts, cards, mortgages, or investment services; the offer is narrow and geared to financing specific purchases rather than general banking. Customer service and claims are handled through remote channels, with a formal complaints process and access to the Banco de España claims service if needed. As a branch of an EU credit institution, any covered deposits, if offered, would fall under the home‑state deposit guarantee scheme rather than the Spanish fund; consumers should check whether the specific product is a deposit or a credit product and the applicable protection. Documentation is provided in Spanish, with pre‑contractual disclosures, APR breakdowns, and cost information required by Spanish transparency rules.