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::. Santander Central Hispano .::


General Terms and Conditions of Use.

Welcome to the Official website of BANCO SANTANDER CENTRAL HISPANO, S.A., hereafter SANTANDER CENTRAL HISPANO, a financial institution registered with the Bank of Spain under registry number 0049, with registered address in Santander at Paseo de Pereda, 9-12 and Tax Registration Code A-39000013.

All the products and services provided by SANTANDER CENTRAL HISPANO are subject to current legislation and are under the supervision of the Bank of Spain, the Spanish Securities and Exchange Commission and other regulatory bodies.

Please read the following terms and conditions carefully. By accessing this address and any of its pages (hereafter the "Website") you have the consideration of being a user and are considered to have accepted these general terms and conditions. Access to any of the pages of this Website may be limited by the laws and provisions of the jurisdictions of different countries. Should this be your case, you will not have access to part or all of the SANTANDER CENTRAL HISPANO Website.

The information contained in this Website, including certain products and services, are intended for their distribution or use, basically, by private individuals, companies, businesses, trusts, legal individuals or entities or any other organisation (hereafter "Persons") resident in Spain or who are accessing from Spain, for which reason SANTANDER CENTRAL HISPANO declines any liability for access by Persons in jurisdictions where said distribution or use may be contrary to rules or regulations. Certain products and services may not be available or may be prohibited in all jurisdictions or for all Persons, and, consequently, distribution or use may restrict or refuse access to persons who do not meet the requirements of residence and access from Spain.



SANTANDER CENTRAL HISPANO has obtained the Information and the materials included on the Website from sources considered to be reliable, but although reasonable measures have been taken to ensure that the Information contained is correct, SANTANDER CENTRAL HISPANO does not guarantee that it is exact, complete or up to date, and, consequently, it should not be relied upon as though it were. SANTANDER CENTRAL HISPANO expressly declines any liability due to error or omission in the Information contained on the pages of this Website.

SANTANDER CENTRAL HISPANO reserves the right to modify, suspend, cancel or restrict the content of the Website, the links or the information obtained by means of it, without the need for prior notice.

SANTANDER CENTRAL HISPANO reserves the right to modify, suspend, cancel or restrict the content of the Website, the links or the information obtained by means of it, without the need for prior notice.

Under no circumstances shall SANTANDER CENTRAL HISPANO, its branches and/or its directors, employees and authorised staff be liable for any type of damages, loss, claims or costs of any kind, whether they arise from the use of the Website or not, of the Information acquired or accessed through or by it, or of computer viruses, operating faults or interruptions in the service or transmission, faults in the line; use of the Website, both by direct connection and by link or other means, constitutes a notice to any user that these possibilities may occur.

It is prohibited to transmit or send through the Website any illegal or illicit content, computer virus or messages which generally affect or infringe the rights of others.

SANTANDER CENTRAL HISPANO does not accept liability for external Websites which can be accessed by means of links or for any content made available by third parties. Any use of a link or access to an external Website is carried out at the will and exclusive risk of the user and SANTANDER CENTRAL HISPANO does not recommend or guarantee any information obtained by or through a link, nor does it accept liability for any loss, claim or damage derived from the use or misuse of a link, or for the information obtained through it, including other links or Websites, for interruption to the service or to access, or from the attempt to use or misuse a link, both when connecting to the SANTANDER CENTRAL HISPANO Website and when accessing the information of other Websites from the SANTANDER CENTRAL HISPANO Website.

On some occasions, this Website uses Cookies, small data files which are created in the user¿s computer and which enable the following information to be obtained:

Date and time the user last visited the website. Design of contents that the user chose on their first visit to the website. Security elements used in controlling access to the restricted areas.
The user has the option of impeding the creation of cookies by selecting the corresponding option in their browser programme. However, SANTANDER CENTRAL HISPANO does not accept liability if the deactivation of them hinders the good operation of the page.


- This Website does not provide any type of investment recommendation or legal, fiscal or other advice, and nothing included in it should be taken as the basis for making investments or taking decisions. Similarly, the information contained on this website is published for its general use and does not take into account specific investment objectives, financial status or particular needs of any Person. Before deciding on any investment, you should obtain adequate and specific professional advice. The value of investments may rise or fall, a circumstance which the investor should accept, including the risk of not recovering the sum invested, in part or in full. Also, the statement of past performance does not constitute a promise or guarantee of future performance.

The contents of this Website are solely for information purpose and should not be used or considered under any circumstances as an offer of sale, request for an offer of purchase or recommendation to carry out any other transaction. Any decision to buy on the part of the recipient must be adapted taking into account public information on the security and, where appropriate, in accordance with content of the brochure registered with the CNMV ¿ Spanish Securities and Exchange Commission (, available at the CNMV and Governing Trust of the relevant Market or from the issuing company.

RESTRICTIONS IN THE UNITED KINGDOM:Persons from the United Kingdom making their investments through a Grupo Santander company not resident in the United Kingdom will not be covered by United Kingdom laws and regulations for the protection of investors. These include rights to certain compensation, rights of cancellation, access to claims and arbitration bodies and other rights.

Should specific publications and reports contained on this website be issued in the United Kingdom, they have been approved by the London Branch of Santander Central Hispano, S.A., which is regulated by and under the supervision of the Securities and Futures Authority. However, such publications or reports may not be distributed or made available to private individuals.

RESTRICTIONS FOR U.S. CITIZENS (including any citizen or resident in the United States or any legal organisation incorporated in or by virtue of the laws of the United States or any political subdivision of that country): If you are a United States citizen or you are accessing this website from the United States of America (including its territories, possessions and the District of Columbia), we would like to inform you that through this site, Santander Central Hispano offers the possibility of contracting and information of unregistered securities according to the U.S. Securities Act of 1933 and its corresponding reforms. In accordance with the above regulation, these securities must not be bought, transferred, delivered or sold (directly or indirectly) in the United States of America, except when the laws and regulations of that country relating to securities permits it, either through registration or exemption. Santander Central Hispano shall not be liable, in any event, for the losses, damages, penalties or any other harm that may be derived directly or indirectly from the use of this website or of its content by U.S. investors.

INFORMATION OF THIRD PARTIES - REUTERS:Santander Central Hispano may incorporate reports of third parties, occasionally provide advisory services or have relations with issuing bodies, negotiate securities or other investments, maintain positions in such companies, act as market generator or support the business of the companies mentioned in a publication or report of analysis. Santander Central Hispano and the companies belonging to the Grupo Santander do not accept any liability whatsoever for a loss, direct or induced, as a result of the use of these publications or reports of analysis. These may not be reproduced, distributed or published by any recipient whatever the purpose. Besides this, the Santander Central Hispano Group and/or its Directors and employees may have, or may have had, interests or shares in said issuers or businesses.

The Reuters content is the intellectual property of Reuters. Any form of copy, publication or distribution of the Reuters content without the prior consent of Reuters, including cache or frames techniques or similar resources, are expressly prohibited. Reuters is exempt from any liability with regard to any error or delay in the content or to any action that may be taken based on said error or delay. Reuters and the Reuters Logotype are registered trademarks of the worldwide Reuters group of companies. For more information, visit the Reuters website at


This Website is the property of SANTANDER CENTRAL HISPANO. The Intellectual Property rights and rights of operation and reproduction of this Website, its pages, screens, the information they contain, their appearance and design, and the hyperlinks from there to other Websites of any subsidiary company of SANTANDER CENTRAL HISPANO are the exclusive property of SANTANDER CENTRAL HISPANO, unless otherwise specified. Any names, designs and/or logotypes, including any product or service offered and reflected on this Website, are trademarks duly registered by Santander Central Hispano, by its Subsidiary Companies and/or by third parties. Any undue use thereof by a person other than their legitimate owner may be prosecuted in accordance with current legislation. The intellectual property and trademarks rights of third parties are suitably highlighted and must be respected by anyone accessing this Website. The contents may be downloaded and any page on this Website may only be copied or printed for personal and private use. It is prohibited to reproduce, transmit, modify or delete the information, content or notices on this Website without the prior written authorisation of Santander Central Hispano.


These general terms and conditions shall be governed by Spanish legislation.

© Copyright 2001 Banco Santander Central Hispano S.A. All rights reserved.

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