Banco Sabadell unjustifiably blocks 11Onze’s money

The Alicante-based bank has held up, without justification, an intercompany transfer from 11Onze for more than a week. From 11Onze, it is interpreted as a desperate manoeuvre to try to boycott the progress of the Catalan community fintech.

 

Last Wednesday, 6 July, 11Onze made a transfer between companies in the group, to carry out its ordinary tasks. A regular operation that has been carried out many times before in recent months without any issue. But this time, Banco Sabadell blocked the arrival of the money, without even notifying 11Onze.

When prompted by Oriol Tafanell, 11Onze’s financial director, Banco Sabadell has never justified the reason for blocking 11Onze’s funds. On Friday 8 July, 11Onze accredited the origin of the money, but it has continued to be blocked. “It doesn’t make any sense because we have made this same transaction many times for larger amounts. They know perfectly well where the money comes from and how we use it”, assured Tafanell.

On 14 July the money was still blocked, in an indisputably illegal manner and for no accredited reason. So Tafanell went to the Banco Sabadell branch in Terrassa, which held the account in question.

 

Bad faith and lack of knowledge

Once there, there is a new surprise: the head office (Alicante) has informed the branch workers that 11Onze’s money can be unblocked as long as it is used to pay salaries or taxes. One more abuse. “Banco Sabadell cannot tell 11Onze how to use its money, which, moreover, has been blocked for no accredited reason, which is blatantly illegal,” explained Tafanell. In the eyes of 11Onze, it is clear that there is a desire to cause harm to the entity, to a competitor that bothers them. “They have been watching the movement of money for months, seeing the flight of capital from their clients to 11Onze. And they are not amused. But just because they don’t like it doesn’t mean they can stop it”, Tafanell remarked.

 

The director who doesn’t manage

At this point, 11Onze forced an urgent meeting with the director of the office in question. An unsuccessful meeting because, as the director admitted to Tafanell, everything is decided from Alicante and the offices are purely intermediaries. Insisting on the illegality of the blockade, Tafanell demanded to know the reasons, based on some regulation or law. “For our part, there is no breach of the law against the prevention of money laundering and the financing of terrorism, which is what is normally monitored in international movements of so much money,” explained Tafanell. In this respect, the director of the office acknowledged that he was unaware of the law because it was long and complex. So, after more than 4 hours in the office, 11Onze considered it necessary to let the staff of Banco Sabadell know that by blocking the funds of the 11Onze community, their entity was committing an illegality.

The situation at Banco Sabadell

In the absence of any real reason for blocking 11Onze’s money, the most plausible explanation is the undisguised desire to harm an entity that is increasingly competing with the entity from Alicante. Moreover, Banco Sabadell’s delicate situation is no secret, as we explained in 11Onze Check (11Onze Check: Banco Sabadell is doing very well – 11Onze). In the last few weeks, the bank has fallen sharply on the stock market because of the doubts it generates and because it has always been seen as the weakest of the big banks. The emerging economic crisis could be the coup de grâce for the bank and has perhaps set off alarm bells at Banco Sabadell. So far, this is the only plausible hypothesis that justifies the bank’s strange manoeuvres against 11Onze.

 

And the money?

Banco Sabadell will have to unblock the money in its destination account or return it to its account of origin. They will have delayed some operations, but they will not, in any case, be able to stop the progress of 11Onze. Obviously, the Alicante-based bank will have to answer for this abuse to the relevant authorities.

 

11Onze is the community fintech of Catalonia. Open an account by downloading the super app El Canut for Android or iOS and join the revolution!

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  1. Jordi MorenoJordi Moreno says:
    Jordi

    Anims a tot l’equip d’11onze! No defallim!! I gràcies per la feinada!

    • Laura Bunyol BartrinaLaura Bunyol Bartrina says:
      Laura

      Gràcies, Jordi, realment és necessari donar suport!

      1 month ago
  2. Rosa Maria SoléRosa Maria Solé says:
    Rosa Maria

    Jo. conec a gent que quan van marxar de Catalunya ja van tancar contes, que vagin fent a veure que els hi passa. ONZE vosaltres endavant a seguir lluitant.

  3. Joan BringuesJoan Bringues says:
    Joan

    A la meva mare de 91 anys, li han informat de que cobrarien 240 € any de comissions, però donat que hi té la pensió, i algun rebut li perdonen la vida i sols li cobraran 80 € any Aquest és e tracte digne a una persona gran? Però ja ho he solucionat, compte tancat i el nostre també, evidentment també el fons d’inversió les targetes… Molt males cares, ho sento ja està bé d’abusar de la gent.

    • Mònica CornudellaMònica Cornudella says:
      Mònica

      Realment és una vergonya i abusen massa de la gent, especialment de la gent gran! Gràcies per la teva aportació i esperem poder aturar aquesta situació perquè no es repeteixi més.

      2 months ago
  4. Miguel Yñiguez SolerMiguel Yñiguez Soler says:
    Miguel

    Realment sembla mentida que fets com aquests a més quedin impunes i sense cap mena de sanció per part de l’autoritat competent en aquest cas el vergonyós país el que pertanyen

    • Silvia GarrigaSilvia Garriga says:
      Silvia

      S’han fet i es faran les gestions pertinents perquè aquest tipus d’accions no quedin impunes Miguel. Tots estem exposats als abusos i és el que no es pot permetre.

      2 months ago
  5. Pere Sitjà CorriusPere Sitjà Corrius says:
    Pere

    Són uns usurers de primera!, i els que manen una colla de incompetents.
    De fet tenen el que es mereixen, abans de setembre els hi cancel.leré tot el que hi tinc accions de l’entitat incloses.
    Això si, penso cobrar-lis comissions d’administració i manteniment.

    • Joan BringuesJoan Bringues says:
      Joan

      Hola, vols dir que no estas tardant?

      2 months ago
    • Silvia GarrigaSilvia Garriga says:
      Silvia

      Gràcies pel comentari Pere! Creiem que no és molt demanar el compliment de la legalitat vigent i que no hi hagi abusos per part de ningú.

      2 months ago
  6. Jesus Manuel Nuňez TizadoJesus Manuel Nuňez Tizado says:
    Jesus Manuel

    Molt bé fet 👏👏

    • Laura Bunyol BartrinaLaura Bunyol Bartrina says:
      Laura

      Gràcies Jesus, esperem que no sigui necessari fer gaire més, i que atenguin a la legislació i al respecte. Gràcies pel suport!

      2 months ago
  7. Santi VerdaguerSanti Verdaguer says:
    Santi

    No m’estranya. Quan vaig tancar els
    meus comptes em van posar tants problemes com van poder. Uns miserables!!

    2 months ago
    moderated
  8. Francesc Estafanell PujolFrancesc Estafanell Pujol says:
    Francesc de Borja

    Poc a poc, un gran banc no pot dissimular que comença a patir per una gestió molts cops tèrbola des del punt de vista dels seus clients.
    Endavant 11Onze!

  9. Pere Olivé CampanyàPere Olivé Campanyà says:
    Pere

    Com és que treballeu amb Banc Sabadell? Realment els necessiteu?

    2 months ago
    moderated
    • James SeneJames Sene says:
      James

      Algunes de les operacions locals les hem de fer per normativa amb un banc amb seu espanyola. Hem trobat una solució i ja no ens caldran els seus serveis de moment.

      2 months ago
  10. Pere Maria EstremPere Maria Estrem says:
    Pere Maria

    Quina barra…

    • AlbertAlbert says:
      Albert

      Totalment d’acord, Pere! Creuen que sempre podran actuar amb tota la impunitat, però els demostrarem que no és així.

      2 months ago
  11. Manuel Bullich BuenoManuel Bullich Bueno says:
    Manel

    Imagino q haureu presentat la corresponent denúncia a Consum, Banc d’Espanya,…
    Això és intolerable, desconec si jurídicament es pot cursar o si val la pena, pels costos q això pugui ocasionar, tramitar una querella contra els seus directius.

    • James SeneJames Sene says:
      James

      Hola Manuel. La de Consum ja esta cursada i estem preparant les corresponent al Banc central Espanyol i als mecanismes de finestra única que preveu el BCE. Seguim

      2 months ago
  12. Mercè ComasMercè Comas says:
    Mercè

    De què va aquesta gent? Acostumats a tapar-se les vergonyes entre ells, es creuen immunes a tot. Doncs prou! Molt ben fet💪

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