BNP Paribas Fortis, S.A., N.V., Sucursal en España

BNP Paribas Fortis, S.A., N.V., Sucursal en España is the Spanish branch of BNP Paribas Fortis SA/NV, a Belgian credit institution within the BNP Paribas Group. The branch operates primarily for corporate and institutional clients rather than retail consumers, focusing on services such as corporate accounts and cash management, working capital and term financing, trade finance and guarantees, and access to group treasury, FX, and interest rate risk solutions; payment capabilities include SEPA and SWIFT for cross‑border operations. Prudential supervision is carried out under the EU’s Single Supervisory Mechanism by the European Central Bank in cooperation with the National Bank of Belgium, while the Banco de España oversees local conduct and branch registration. Deposits placed with the Spanish branch fall under the Belgian deposit guarantee scheme (Fonds de Garantie voor Financiële Diensten/Fonds de garantie pour les services financiers), generally up to €100,000 per depositor per institution for eligible deposits, rather than the Spanish FGD; investor compensation, where relevant, follows the Belgian scheme and EU rules. The entity is subject to CRD/CRR capital requirements, PSD2 for payment services, MiFID II if providing investment services, and EU/Spanish AML and sanctions regulations, with standard corporate KYC, tax (FATCA/CRS) certifications, and beneficial ownership documentation required at onboarding; availability is typically limited to companies and professional clients, with pricing negotiated case by case. Digital access is provided through the group’s corporate e‑banking platforms with strong customer authentication; the branch footprint is limited and it does not typically provide retail channels or ATM/card services in Spain. Complaints are handled by the branch with escalation routes under Spanish procedures and cross‑border mechanisms (e.g., Banco de España claims service for applicable activities, Ombudsfin in Belgium, and FIN‑NET), and the institution falls within the EU Single Resolution Mechanism and BRRD framework, implying potential use of bail‑in tools for eligible liabilities in a resolution scenario.