Teknosurf3

335 car insurance in the test: Every eighth rate is excellent

Jede achte Autoversicherung bietet Top-Leistungen You can always rely on good motor insurance

  • According to a recent study, the quality of insurance conditions in motor insurance increases.
  • 89 of the rated 335 car insurance companies are excellent or very good from the point of view of the testers.
  • To change to a better car insurance, motorists have until 30 November time.

Motorists who want excellent car insurance can find at least one tariff that meets this requirement at AachenMünchener, Allianz, Alte Leipziger, Basler, Bavaria Direkt, Bruderhilfe, DEVK, Generali, Janitos and Ergo. This is the result of the current motor insurance test of the rating agencies Franke and Bornberg. For the second time, the analysts have assessed the insurance conditions of 335 auto insurance companies.

For this they have used 61 criteria . For example, does the insurer waive the objection of gross negligence ? Does he pay in collisions with animals regardless of which animal ran in front of the car? How is the insurance cover designed for natural disasters such as floods?

Car insurance: tariff diversity is growing steadily

Car insurance: tariff diversity is growing steadily

A comparison of car insurance shows that insurers often offer different car insurance policies. Some subdivide these from basic to premium protection, others allow protection to be supplemented with performance modules. Motorists can secure much more individual . However, the range of tariffs also means that the market is increasingly difficult to see through .

Tip: Comparison calculators for car insurance make it possible to compare a large number of car insurers online. However, if you want to change your provider, in most cases you will have to terminate it by November 30th .

40 car insurance companies secure the top mark

40 car insurance companies secure the top mark

The quality of motor insurance increases according to the test overall. Everyone can be cheap. The trick is to offer good performance at a competitive price , “commented Michael Franke of the rating agency. How much the car insurance costs, in the investigation of everything matters.

40 tariffs and thus every eighth car insurance receives in the current comparison the top grade “FFF”, which stands for outstanding achievements. 49 offers achieve an “FF +” rating. With 152 rates, the majority is rated “FF” (good).

According to the experts, current test winners in motor insurance include:

  • Bavaria Direkt – Comfort L
  • VHV – Classic Garant + Exclusive
  • DEVK – Premium
  • Basler – All-in
  • WWK – Cars plus
  • Janitos – Advanced
  • R + V – Police Plus
  • Generali – comfort protection Fully comprehensive premium
Posted in Uncategorized

Asian financial crisis

 

Asian financial crisis

 

  Following this review of the major economic crises that are so widely cited in the media today, the following will be the one that occurred in Southeast Asia from 1997. Due to the procedures of economic science, there is no consensus on the causes of such depression. Broadly speaking, this crisis was due to the unsustainability of currencies appreciated with trade deficits, although it was not the same in all countries.

The economic background did not show at first glance indications of a possible crisis: low budget deficits, moderate inflation … and large inflows of capital in the short term because countries in general had undertaken financial liberalization. The Southeast Asian coins were linked to the dollar (they had a more or less fixed parity with respect to it). When in the 1990s the US began to raise interest rates to reduce inflation, these countries were no longer attractive to foreign investment, and their currencies appreciated, and their exports were reduced, not only by the appreciation, but because more competitive countries emerged, such as China.

When investors began to realize the weakness of these countries, withdrew their investments, causing an effect known as flight to quality (exit of investments looking for places with security). There was a significant reduction in credit, triggering major bankruptcies. The economic leaders tried to make investment in their countries attractive by raising interest rates and accumulating foreign exchange reserves. This could not be maintained for a long time, so it was necessary to let the national currencies (which quoted on the market) float . The trigger for the crisis (not the main cause) was the depreciation of the Thai baht. The foreign debts were still fixed in foreign currencies. If the Thai baht depreciated, it made the dollar loans more expensive to repay (it is easier to cover a $ 1000 loan if a dollar is worth 34 baht instead of 50 baht). This increased the bankruptcies
Other economists defend positions based on the fact that financial liberalization greatly increased private credit. The declining profitability of investments, as mentioned above, meant that these loans were destined for the stock market and real estate speculation. Increased, therefore, the leverage (term that refers to debt).

<br /><br />The exit from the depression could be seen throughout 1998, when interest rates fell to normal levels and economic activity recovered (somewhat later).The help of the International Monetary Fund came into play at this point. [I have not talked about this institution here. It was created after the Second World War in order to maintain the system of fixed exchange rates (dollar-gold system), and ensure international payments by giving aid to countries with problems. When the US abandons the convertibility of its currency into gold, this organization continued to operate by giving loans to emerging countries with problems of macroeconomic stability.]. This aid was based on neoliberal economic ideas (budgetary austerity to balance deficits, and confidence that corporate bankruptcies would only be a step towards rebalancing the market). The IMF gave financial support to the three most affected countries in this crisis: Korea, Indonesia and Thailand. For them, 35,000 million dollars were allocated in adjustment programs and aid. It sought to stop depreciations with restrictive monetary policies and regulation of financial markets.
The exit from the depression could be seen throughout 1998, when interest rates fell to normal levels and economic activity recovered (somewhat later).

The criticisms that came over the IMF were due to the fact that it could not predict this crisis, just as it could not do with the Mexican crisis ( Tequila effect , in another blog post). This crisis may be the one that initiated the criticism of economic globalization, the problems of the liberalization of short-term capital inflows in emerging countries, and how economically insignificant events (the devaluation of the Thai currency, a small country) could provoke a crisis of such dimension. Globalization promotes greater efficiency in allocation and favors growth (this is what the faculties say) but it also makes countries more vulnerable to such capital flight. The “Asian tigers” hung on the investor’s trust and it vanished. 

Posted in Uncategorized

3% bonus for the transfer of the pension plan to BBVA

Check the subsidized pension plans and the conditions of the bonus.

  • 3% bonus, no balance limit.
  • No fiscal impact due to transfer between plans.

If you have any questions about the transfer bonus, request information and we will contact you.

I’m interested

  • Pension plan simulator
  • Tax savings calculator
  • characteristics
  • Plans subject to the promotion
  • Conditions of the promotion

What is the transfer of a pension plan?

What is the transfer of a pension plan?

It is a process by which the owner of a pension plan decides to move part of its capital or the whole of it – known as consolidated rights – in a simple management that can be repeated whenever the client considers it.

How can I transfer from my pension plan to a BBVA plan?

How can I transfer from my pension plan to a BBVA plan?

The owner must inform BBVA (the destination entity of the transfer of the fund) of the different transaction data. For example, the amount of capital transferred, the fund you have chosen to invest and the product from which the consolidated rights come. The transfer process will be undertaken by BBVA, the capital’s destination entity.

What is the bonus of the amount transferred to a BBVA plan?

What is the bonus of the amount transferred to a BBVA plan?

We give you 3% of the amount transferred from a pension plan of another entity, to a BBVA pension plan.

Does the transfer between pension plans have any cost or fiscal impact?

Does the transfer between pension plans have any cost or fiscal impact?

No, transfers between pension plans do not affect their tax benefits and are completely free processes, which do not involve the payment of commissions.

How long does it take to complete the transfer process of a pension plan?

By law, transferring a pension plan can not be extended beyond five business days if the transfer occurs between different entities, or three business days in the event that the transfer takes place between products of the same entity.

See legal text ico cerrado

Bonus of 3% gross of the transferred amount of Plans not marketed by BBVA to the Plans detailed in the Bonus Adhesion Bulletin. The client must adhere to the Bonus Bulletin and remain in the Plan contracted for at least 5 years. Net amounts transferred between January 1, 2018 and September 30, 2018, not rewarded by previous campaigns. Promoter and Depository Entity: BBVA; Managing Body: BBVA Pensiones SA EGFP. The transfer bonus is considered to be a return on movable capital subject to withholding tax.

Fixed income plans

Fixed income plans

Are those Pension Plans that invest the majority of their assets in fixed income assets (bonds and bonds, bills, promissory notes, etc).

Plan name Description Initial minimum amount Documentation Hiring and transfer
Fixed Income Norpension, PPS It allocates all of its assets to investment in various fixed income assets issued mainly in euros. € 30.05 Consult documentation See complete information
BBVA Fixed Income Plan, PPI Invests in public and private fixed income assets issued by OECD countries. € 30.05 Consult documentation See complete information
BBVA Flexible International Fixed Income Plan, PPI Bet on the active and flexible management of international fixed income. € 30.05 Consult documentation See complete information

Mixed plans

Mixed plans

Are those Pension Plans that invest part of their assets in fixed income assets and part in variable income. The higher the percentage of variable income, in general, the greater the risk and therefore the greater the potential profitability.

Plan name Description Initial minimum amount Documentation Hiring and transfer
BBVA Consolidation Plan 85, PPI Mixed Equity Pension Plan whose objective will be to ensure that its daily net asset value is not less than 85% of the historical maximum net asset value reached by the fund. € 30.05 Consult documentation See complete information
Norpensión II, PPS Pension plan that allocates most of its assets to investment in various fixed income assets and between 15% and 35% in variable income assets. € 30.05 Consult documentation See complete information
Dynamic Norpensión, PPS Entrust your savingsvariable to an active and diversified management with an income level of 15% to 80%. € 30.05 Consult documentation See complete information
Balanced Norpension, PPS Entrust your savings to an active and diversified management with an equity level of 30% to 50%. € 30.05 Consult documentation See complete information
Prudent Norpensión, PPS Entrust your savings to an active and diversified management with an equity level of 0% to 20%. € 30.05 Consult documentation See complete information
BBVA Plan 30, PPI Retirement saving product that offers the possibility of investing in the global variable income and fixed income market in a diversified way. € 30.05 Consult documentation See complete information
BBVA Plan 40, PPI Retirement saving product aimed at people over 40 years old, which offers the possibility of investing in the global fixed income and variable income market in a diversified manner. € 30.05 Consult documentation See complete information
BBVA Plan 50, PPI Retirement saving product aimed at people over 50 years old, which offers the possibility of investing in the global fixed income and variable income market in a diversified way. € 30.05 Consult documentation See complete information
BBVA Individual Plan, PPI Pension plan that allocates most of its assets to investment in various fixed income assets and between 0% and 30% in variable income assets. € 30.05 Consult documentation See complete information
BBVA Multiactive Moderate Plan, PPI Entrust your savings to an active and diversified management with a level of variable income between 20% and 60%. € 30.05 Consult documentation See complete information
BBVA Plan Multiactive Determined, PPI Entrust your savings to an active and diversified management with an equity level between 50% and 90%. € 30.05 Consult documentation See complete information
BBVA Multiactive Conservative Plan, PPI Entrust your savings to an active and diversified management with an equity level between 0% and 30%. € 30.05 Consult documentation See complete information
BBVA Retirement Plan 2025, PPI Savings solution with dynamic allocation of assets suitable for people with a retirement horizon close to 2025. € 30.05 Consult documentation See complete information
BBVA Retirement Plan 2030, PPI Savings solution with dynamic allocation of assets suitable for people with a retirement horizon close to 2030. € 30.05 Consult documentation See complete information
BBVA Retirement Plan 2040, PPI Savings solution with dynamic allocation of assets suitable for people with a retirement horizon close to 2040. € 30.05 Consult documentation See complete information

Equity plans

Equity plans

They invest most of their assets in variable income assets (shares). Subcategories are usually established according to the markets in which they invest, the sectors of activity or other characteristics of the securities.

Plan name Description Initial minimum amount Documentation Hiring and transfer
Equity Norpensión, PPS Get the possibility of having your savings in a diversified way in different variable income assets. € 30.05 Consult documentation See complete information
BBVA Variable Income Plan, PPI Invest your savings in a diversified way in Global Variable Assets. € 30.05 Consult documentation See complete information
BBVA Variable Income Plan IBEX, PPI Obtain returns on investment in the most important companies in the national stock market, taking as an example the IBEX 35 index. € 30.05 Consult documentation See complete information
BBVA Equity Plan Europe, PPI Get the possibility of having your savings in a diversified way in different European variable income assets. € 30.05 Consult documentation See complete information
IBEX Variable Equity, PPI Obtain returns on investment in the most important companies in the national stock market, taking as an example the IBEX 35 index. € 30.05 Consult documentation See complete information
BBVA Telecommunications Plan, PPI It offers clients the possibility of taking positions in the Technology and Telecommunications sectors in a diversified manner. € 30.05 Consult documentation See complete information

 

Do you need more info? Click here and we will call you.

The guaranteed plans whose commercialization has ended are not open to contracting for new participants / partners.

See legal text ico cerrado

Bonus of 3% gross of the transferred amount of Plans not marketed by BBVA to the Plans detailed in the Bonus Adhesion Bulletin. The client must adhere to the Bonus Bulletin and remain in the Plan contracted for at least 5 years. Net amounts transferred between January 1, 2018 and September 30, 2018, not rewarded by previous campaigns. Promoter and Depository Entity: BBVA; Managing Body: BBVA Pensiones SA EGFP. The transfer bonus is considered to be a return on movable capital subject to withholding tax.

We give you 3% of the amount transferred from a pension plan of another entity, to a BBVA pension plan.

Remember that you have no fiscal impact for transfer between pension plans 1 .

 Bonus of 3% gross of the transferred amount applicable to transfers from pension plans not managed by the BBVA Group, requested between 01/01/2018 and 30/09/2018, both included, which have as their destination any of the pension plans listed in the tables, and provided they have not been subsequently mobilized, in which case only the increase in equity would receive BONUS.

Check all the conditions in the membership bulletin to which you must adhere if you want to benefit from the bonus and which is available during the process of transfer of pension plans in bbva.es. As a participant you must maintain the pension plans subject to the promotion for a period of 5 consecutive years, starting from the date of payment of the bonus, otherwise you will be obliged to return to BBVA the gross amount of the bonus received .

 

Posted in Uncategorized

Some tips to choose a good name for your business project

 

You have an idea for a business project. The mature, mold and decide to start it. One of the first steps, although not the most important or decisive, is to find the perfect name . Sometimes it can flow to the first or, even, be thought before beginning the march and others that requires a good time of maturation. Before this particular ‘challenge’ there are some tips.

The first and one of the most important tips is that it is a name that is easy to pronounce, read, write and even remember. Sometimes, a name can be a great idea but, in reality, it is an ordeal at the time of pronouncing it or writing it in an email. In this case, less is more and, therefore, it must be borne in mind that the shorter and more impressive, the better.

Imagen

Along with that ‘facility’, the creative process until you find the right name is essential. Especially the fact of giving free rein to the imagination , without restrictions, through different techniques for it. In this process, always the collaboration of your partners or even family and friends can be very interesting and, ultimately, decisive to achieve the desired result.

In this creative process we must bear in mind that, despite the need to be as short and as impressive as possible, the ideal thing is that it is related in some way to the activity that the company is going to carry out . It is true that marrying both criteria is somewhat complex, but at least it has to be tried.

An account aimed at both freelancers and SMEs that need an account for their professional activity : more information

Having come up with a handful of mature ideas, comes the most difficult: check domain availability , if there is a company with a similar name, or if that brand is currently registered . This step becomes a hard sieve, as it turns out that many of the options that you shuffled fall after that final check. That is why it is almost mandatory to have multiple options to avoid the ‘vacuum’.

And last, and not least, you have to de-dramatize. True, the name can say a lot about a company and even help a lot to its promotion and its launch. There’s no doubt. But, we must also bear in mind that in history there are countless examples of companies that have gone down in history with brands that, really, are not any example of ‘good practices’. Therefore, the best advice is: work on a good name , but do not spend too much energy on it. Surely, in the end it is not worth it.

Posted in Uncategorized

Physical POS: card payment

Physical POS: card payment

Physical POS: card payment

The most profitable solution for your business that also allows you to offer your customers the best services such as contactless payment, currency payment, etc.

Contract it now and give your business a boost. Also, if you request it before April 30, 2018, you will not pay the first two installments .

  • Advances on your monthly invoicing.
  • Contactless technologies.
  • Payment service in foreign currency.

Apply for

  • characteristics
  • Modalities
  • Rates
  • Services

If until now a POS was just a card payment tool, the BBVA POS includes advantageous features for your business and your customers:

  • Advances on your monthly invoicing.
  • Contactless technology.
  • Payment service in foreign currency.

But it is also the most profitable for your business, since it is the only one in the market that offers you a flat rate.

The TPV BBVA will become a link between your bank, your business and your customers, simplifying and streamlining many important operations to boost your business and offer a quality service to your customers.

We put at your disposal the type of POS that best suits the nature and characteristics of your business:

 

GPRS

GPRS

The Mobile POS GPRS is perfect if you need total mobility inside and outside your premises , or if on the contrary, your business does not have a commercial premises.

  • What requirements are necessary? You just need to have GPRS phone coverage.
  • Advantages for your business
    • You will have full mobility almost anywhere.
    • You will enjoy greater speed and agility in the collections.
    • The communication costs are included in your monthly fee.

     

Wireless ADSL

Wireless ADSL

The ADSL Wireless POS is the perfect POS mode if you need total mobility within your premises .

  • What requirements are necessary? The only thing you need is to have an ADSL line in your store.
  • Advantages for your business
    • Total mobility within your establishment.
    • Speed ​​and agility in collections.
    • You will save on costs, since communications are included in your own ADSL rate.

     

Fixed RTC / ADSL

Fixed RTC / ADSL

The POS Terminal RTC / ADSL is the perfect POS mode if you do not need to make charges that require mobility in your business.

  • What requirements are necessary? You need to have a Conventional Telephone Network (RTC) in your business, or an ADSL Line of commerce.
  • Advantages for your business If you have an ADSL line in your business you will enjoy a faster payment, cost savings and you can have the telephone line while you are using the POS.

 

PC with or without reader

PC with or without reader

TPV PC with reader is the modality you need if your business has a specific software at the point of sale and does not require mobility outside the premises.

The POS without reader is the one that best suits your needs if you make sales by catalog, phone or email.

  • What requirements are necessary?
    • You need to have a PC and ADSL line of commerce. BBVA only provides access to the Tpv-PC website and the card reader if the merchant requests it.
    • Have the Redsys certification in case your business needs an integrated solution with your management software.
  • Advantages for your business
    • Starting to use it will be very easy, since it does not require that you have any special software installed on your PC.
    • By using ADSL, you will enjoy greater speed and cost savings.
    • The POS operation works from a web application so it will be very easy to use.
    • You can integrate the POS with the management software of your business.

You can choose the payment method that best suits your business:

 

BBVA TPV Bonds

BBVA TPV Bonds

It is a flat rate without additional costs up to a certain billing limit.

Includes the following services for your business (1) :

  • Billing through the BBVA POS , without any cost up to a certain billing limit, depending on the Bonus hired.
  • Free maintenance of the POS , with a commitment to repair and / or replacement in case of breakdown in less than 48 hours.
  • Technological commitment , TPVs with the most modern technology, including the possibility of requesting GPRS TPVs with digital signature.
  • Cost of free communications in the case of GPRS TPVs (mobile POS).

 

Choose the modality that best suits the billing of your Business and forget about extra expenses or commissions:

 

Bonuses Annual Billing (2) Monthly fee
Bonus 10 € 20,000 € 10 / month
Bonus 15 € 30,000 € 15 / month
20 bonus € 40,000 € 20 / month
Bonus 40 € 80,000 € 40 / month
Bonus 60 € 120,000 € 60 / month
120 bonus € 240,000 € 120 / month

 

Discount rate without

Discount rate without

It is an excellent discount rate on each transaction you make so that your customers can pay by card whenever they want, whatever the amount of their purchases and which costs you less:

  • No need to hire any additional product.
  • No additional costs per transaction.
  • No minimum purchase amount.

See legal text ico cerrado

(1) Conditions currently in force, BBVA reserves the right to change these conditions.

(2) In the case of exceeding the annual billing limit, a discount rate of 1.10% will be applied if the contracted bonus corresponds to the modalities Bonus 10 or Bonus 15 and 1.50% for the rest; This rate will be applied both to the operation whose amount causes that limit to be exceeded and to those that are made from that moment and until a new annual period begins, at which time the billing counter is set to zero.

Guarantee a better service to your customers and grow your business with the payment and financing options of the BBVA POS :

 

Advance POS

Advance POS

Immediate liquidity for your business.

Only with the BBVA POS, you can have an advance payment of up to 100% of your monthly average billing to meet the small liquidity needs without having to go to the bank .

The operation can be done directly from the POS itself , or through BBVA Net cash, bbva.es, BBVA app or the Advance Payment Card . The money will be deposited in the same account in which we pay you daily remittances.

To be able to start requesting the advances, you must have a minimum of 6 months of age with the BBVA * POS. From that moment you will receive the Advance Card with the following conditions:

  • Only a current advance provision is allowed.
  • It will advance up to 100% of the monthly average billing of the quarter, maximum € 15,000.
  • The available limit will depend on the average invoicing, so it will be updated monthly.
  • This financing option involves a commission of 2% in advance and a 20% withholding of the amount invoiced daily at the POS.
  • The maximum repayment term is 150 days. If there is no previous amortization, on day 150 the amount pending amortization will be charged to the associated account.

 

Payment with contactless

Payment with contactless

Do not make your clients wait.

For purchases under € 20, simply bring the card to the POS and print the receipt. And in case the amount exceeds this amount, it will only be necessary to enter the PIN code to authorize the operation.

In addition, for your customers it also means security, control and privacy by not having to lose contact with your card to manage the payment.

And it does not imply any additional expense for your Business.

Extends information about the Contactless experience .

 

DCC payment

Speak the language of your clients.

The Foreign Currency Payment Service (DCC) will allow your foreign customers to pay for their purchases in their own currency , knowing at the moment the exact amount of the same and the exchange rate applied.

With the DCC Payment Service, the POS terminal identifies foreign cards of non-euro currency and automatically offers the possibility of paying in euros or its equivalent .

This service does not imply an additional cost for your Business and allows you to differentiate yourself from the competition, offering your customers a value-added service .

Payment in foreign currency is available for Visa and MasterCard and for major currencies other than the euro such as the English pound, the US dollar, the Japanese yen, the Swiss franc, the Swedish krona, the Norwegian krone, the Danish krone, the Canadian dollar and the Australian dollar, among others.

In addition, even if your customer makes the payment in his own currency, your business will still receive the payment of the sale in euros.

 

Posted in Uncategorized
Scroll To Top