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Unicaja Banco brings forward the payment of the new unemployment benefits due to Covid-19

Unicaja Banco brings forward the payment of allowances to those affected by temporary labour force adjustment plans (ERTE) due to Covid-19. This initiative joins the measures that it has been implementing since the start of the coronavirus crisis

18 MAY 2020

2 Min reading

Unicaja Banco advances from Monday 18 May the payment of the new unemployment benefits to those furloughed under a temporary labour force adjustment plan (ERTE) due to the situation caused by the Covid-19. The bank has adopted this measure joining the agreement signed on 7 May between the banking associations CECA, AEB and UNACC, the Ministry of Labour and Social Economy and the State Public Employment Service (SEPE), under which the participating banks may advance the payment of the unemployment allowances recognized by the SEPE to those affected by an ERTE.

 

With this new measure adopted by Unicaja Banco, the bank intends to provide a better service to its customers and to alleviate the negative impact that this situation may have on the available income of the workers affected by an ERTE, thus contributing to mitigate the consequences of the Covid-19 crisis on the most vulnerable.

 

This advance will be free for customers and will not involve any fee or costs to be able to receive the payment. This measure will be in force for an initial period of three months, as set in the mentioned agreement.

 

Unicaja Banco will proceed to the advance of the unemployment benefits once the SEPE has previously recognized the corresponding allowance and, arranged to be directly paid into the customer’s account, is then communicated to the bank.

 

Within the framework of the said sectorial agreement, the SEPE will send periodically a file to the bank with the details of the people to proceed with the payment of the allowance, so that the bank can advance it to its customers as it receives the information.

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