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Description

Banco Santander (SAN SM, STD US, BNC LN) is a leading retail and commercial bank, founded in 1857 and headquartered in Spain. It has a meaningful presence in 10 core markets in Europe and the Americas, and is one of the largest banks in the world by market capitalization. Its purpose is to help people and businesses prosper in a simple, personal and fair way. Santander is building a more responsible bank and has made a number of commitments to support this objective, including raising over €120 billion in green financing between 2019 and 2025, as well as financially empowering more than 10 million people over the same period. At the end of the third quarter of 2020, Banco Santander had more than a trillion euros in total funds, 147 million customers, of which 22 million are loyal and 41 million are digital, 11,500 branches and 193,000 employees.

Details

Host Bank

Yes

Account holding bank

Yes

Domestic branches

3110

Short name

SAN

Bank type

Member Bank

Website

www.gruposantander.com

Accolades

The Banker – “Global Best Bank ” 2010 Euromoney – “World Best Bank” 2010 Euromoney – “Best Bank in Spain” 2010 Global Finance-“Best Bank in Portugal” 2010 Euromoney-“Best Bank in Portugal” 2010 Euromoney- “ Best Bank in United Kingdom” The Banker – “Bank of the Year in the United Kingdom” 2010

Services Offered

Cash Services

Yes

Lockbox

No

Reconciliation tools (cheque/cash)

Yes

Sweeping and pooling

Yes

Trade services

Yes

Treasury management

Yes

Customer Services

Dedicated IBOS desk

Yes

Preferential IBOS customer service

Yes

Single point of contact for client

Yes

Customer service in English

Yes

Electronic Banking

Electronic banking in local language

Yes

Electronic banking in local English

Yes

The IBOS web portal

Through our online portal, IBOS members can access everything they need from a centralised dashboard. From easily looking up IBOS banks by country or group to accessing detailed information about each member, our member platform makes international collaboration easier.