ESP 
Other Fees
Note: The amount received in our cash account will be credited to the client’s securities account, without any deduction, regardless of the amount sent by the client’s bank. Any commission charged by third parties on the transfer will not be assumed by Miraltabank under any circumstances.
Note: Clients under the Trader or Trader Plus fee plans are exempt from this commission. For all other clients, under any other pricing profile, the applicable fees will be those previously stated.
Explanatory Notes
(1) Without prejudice to any fees, charges, and taxes that may be applicable by the issuer or in accordance with current regulations, Miraltabank will charge the corresponding amounts to the client’s account.
Miraltabank will debit the client’s account for any fees and penalties applicable in the event of settlement incidents, as defined by each market. Information regarding the rules applicable in the Spanish Market can be accessed here, for Fixed Income and Equities.
The basis for calculating the commission for securities transfers to third parties will be the effective market value of the transferred securities as of the transfer initiation date. Applicable rates depend on the security type.
The fees outlined herein do not include VAT or any other applicable taxes that may be required under current legislation.
Custody service fees will be settled on a monthly basis.
In no event shall these fees exceed the amounts specified in the Maximum Fee Schedule filed with the CNMV (Spanish Securities Market Commission).
The settlement cycle for all markets is D+2. The proceeds from a sale may be reused for purchases once they are listed under ‘Unsettled Transactions’. However, if the cash is to be withdrawn to a linked bank account, it must wait until settlement. Should a cash withdrawal be requested before settlement, any resulting overdraft will accrue interest (Interest rate + 4%).
The terms and conditions of service are available on the Miraltabank website.
