01
Community bank account
Support with the organisation and management of the bank account held in the name of the owners' community.
Financial control
Bank accountsfor owners' communities.
Support for owners' communities with the organisation of bank accounts, authorisations, payment operations and documentary control of transactions.
Financial management
Clear and controlled banking operations.
A community bank account should allow appropriate control over funds and transactions carried out by authorised persons.
We centralise the monitoring of banking operations and documentation to facilitate the community's financial transparency.
What we manage
Control over banking operations.
We coordinate the main needs related to community bank accounts.
02
Authorised persons and representatives
Identification and updating of authorised persons or representatives in accordance with community decisions.
03
Fund-disposition rules
Monitoring the rules governing the disposal of funds in accordance with adopted decisions and the banking agreement.
04
Income and payment reconciliation
Monitoring income, receipts and payments to facilitate control of financial operations.
05
Document traceability
Organisation and monitoring of documentation related to completed transactions.
06
Financial information
Periodic financial information to facilitate monitoring of the community's situation.
Operating framework
Control and transparency.
Operating framework. An owners' community may hold a bank account, and the disposal of funds belongs to duly authorised or appointed persons. The specific arrangement depends on the community's decisions and its agreement with the financial institution.
Identification of fund ownership.
Control of authorised persons.
Monitoring of income and payments.
Document traceability of transactions.
Financial information for the community.
Respect for the powers of the owners' meeting and presidency.
Transparency and control
Banking arrangements do not replace the organisation of the community.
Banking management must respect the powers of the owners' meeting, the presidency and the applicable representation rules.
The aim is for the community to maintain clear identification of fund ownership and establish the appropriate level of authorisation and supervision.
Sources: Bank of Spain · Horizontal Property Law · Catalonia Civil Code
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Do you need to review your community's banking management?
Tell us how your banking operations are currently organised and what you need to improve.