Sefide to issue Bueno Card in Spain
Bueno offers banking solutions to homeowners, generally foreigners, who require a “one-stop shop” that saves them time, money, and frustration. From a digital and mobile environment, Bueno develops services and functionalities aimed at improving property management for owners, eliminating the language barrier, different regulations, management of local suppliers, payment of taxes and fees, etc.
3
External
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Sefide is an electronic money institution (EMI) regulated by the Bank of Spain with entity code 6705. Sefide is owned by the Loomis Group, specialists in cash transportation, management, and custody, listed on the Stockholm Stock Exchange SEK:LOOMIS AB (LOOMIS.ST). Sefide offers IBAN account banking services and all related services. In addition, as a principal member of VISA, it issues VISA-branded debit cards through a Banking as a Service (BAAS) model.
John Hegrenes, CEO of BUENO said: “We are delighted to be working with sefide to offer more flexible payment solutions to foreign property owners in Spain. The Bueno Card will provide our customers who travel to their second homes in Spain, or those who already live here permanently, with access to the global and secure environment offered by the VISA payment network.”
Along with the card, Bueno customers are provided with a Spanish IBAN account, thus guaranteeing full functionality and operability.
Guillermo Saénz, CEO of sefide, highlights the project, saying, “From the beginning, we realized the potential of BUENO's business model, and at sefide, we have worked to offer different payment services with total availability and guarantee, meeting the highest standards of compliance and respect for regulations.”
Buneo offers its services through a modern multilingual platform, developed for web, iOS, and Android. Customers can open their account in 10 minutes, 100% online, allowing them to receive a Spanish IBAN account and the Bueno Visa card. Developed with a focus on security, the Buneo platform guarantees the privacy and security of customer data.
Some of the value-added services offered by Bueno in addition to IBAN accounts and Visa cards:
- Multilingual customer service.
- Direct debit change service.
- Property valuation estimate and registered data.
- Customers can save their property history.
- Online safe for secure document storage.
- Tax service for non-residents and legal advice.