To manage the account transfer procedure, BBVA will do the following:
Ask your other bank for the information necessary to manage and process your request to transfer the account to BBVA.
Set up any permanent transfer orders that you want in your new BBVA account, starting from the date you state in your request (your other bank will be responsible for cancelling these same orders in your previous account).
If you wish, BBVA will notify your payers and issuers of your direct debits (bills) of the account change. The account change will be processed by your payers and issuers.
Manage with the Social Security the change of pension account of the general regime (temporarily only available in applications made at a Branch). BBVA sends your application to the General Treasury of the Social Security (TGSS) and will inform you if it is accepted or rejected. The TGSS will also manage the change of the pension account you have in your name.
To ensure that no charge is returned, BBVA will accept direct debits (bills) and incoming transfers from the date specified in your application (your other bank will no longer accept them).