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BOE-A-2026-8846 ·22 April 2026 ·Resolution Low impact
Tax

Open Bank, SA: approval of amendments to its leasing contract model letter 'H'

The Directorate General for Legal Certainty and Public Faith has approved amendments to the leasing contract model identified by letter 'H' and its annexes for Open Bank, SA (formerly Santander Consumer Finance, SA). These changes follow the entity's change of corporate name and aim to provide greater clarity and transparency in the clauses for the customer (First Recital).

In 2 key points

  1. Amendment due to the change of corporate name from Santander Consumer Finance SA to Open Bank, SA (Considerando Primero)
  2. Inclusion of refinements to ensure greater clarity and transparency for the customer (Considerando Primero)

How it affects those involved

For Open Bank, SA customers, the amendment ensures the updated corporate name is reflected in leasing contracts and improves the transparency of economic conditions and payment schedules (First Recital). No changes are made to the nature of the product, only to its formalisation and contractual clarity.

Lifecycle

2026-04-22PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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