Santander Account Types

1. Brokerage Individual Accounts: Santander offers individual brokerage accounts, which allow clients to manage their investments and trade securities. These accounts can include joint spouse accounts, non-resident accounts, minors accounts, and corporate accounts.

2. Securities Account: This account is used for registering your securities and handling transactions related to your investments.

3. Monetary Account: This account is used for managing funds related to securities transactions.

4. Investment Account: Known as an ‘investment account’, it provides easy access to the stock exchange for trading activities.

Santander Broker Account Opening Process

To open a brokerage account with Santander, follow these steps:

1. Visit a Branch: You can open an account by visiting one of the customer service points. Bring your identification and enter into the proper agreement.

2. Online Application: Alternatively, you can open an account by mail, which requires completing the necessary forms and providing identification.

3. Access Your Account: Once your account is set up, you can manage your investments via the internet, mobile, or telephone.

4. Transactional Service: Use the internet transactional service for lower fees on internet orders, quicker responses with real-time stock quotes, and greater convenience for managing your account.