Key data
| Regulation | Resolution of June 1, 2026, from the General Directorate of Legal Security and Public Faith |
|---|---|
| BOE Publication | June 12, 2026 |
| Effective date | June 1, 2026 |
| Affected entity | Banco Bilbao Vizcaya Argentaria, SA (BBVA) |
| Model code | «AC-A» |
| Product type | Fixed-rate interest loan to finance the purchase of movable assets |
| Approving body | General Directorate of Legal Security and Public Faith |
| Category | Real Estate / Bank financing |
| Year | 2026 |
If you have or are going to sign a loan with BBVA to buy a movable asset—machinery, vehicle, equipment—at a fixed interest rate, the contract you will sign now follows a standardized and officially approved model: the «AC-A» model. The Resolution of June 1, 2026 from the General Directorate of Legal Security and Public Faith approves this model and its annexes, effective from that same date.
This procedure is not a change in financial conditions: it is a mandatory administrative step so that BBVA can register these contracts in the Movable Assets Registry, which has direct practical consequences for the customer and the bank in case of non-payment or dispute.
What does this regulation establish?
The regulation approves the standardized contractual model that BBVA must use to formalize fixed-rate interest loans intended to finance the purchase of movable assets. This model includes the following annexes:
| Annex | Content |
|---|---|
| Amortization schedule | Detail of installments, principal and interest throughout the life of the loan |
| SEPA mandate | Authorization for bank domiciliation for the collection of installments |
| Data protection policy | Information on the processing of the borrower's personal data |
| Buyers and guarantors form | Identification and data of the parties signing the contract |
For a financing contract to be registered in the Movable Assets Registry, the financial entity must use a model previously approved by the General Directorate of Legal Security and Public Faith. Without that registration, the bank cannot enforce the guarantee on the asset quickly in case of non-payment.
The approval of the «AC-A» model has received the favorable report from the Central Movable Assets Registry and the assigned attorney, which guarantees its full legal compliance.
Economic and operational impact
For BBVA, the approval of the «AC-A» model means being able to operate with full legal security in the fixed-rate movable asset financing segment. Without an approved model, contracts cannot be registered in the Movable Assets Registry, which limits the bank's ability to enforce guarantees and increases credit risk.
For the customer—consumer or business—the implications are as follows:
- Greater contractual security: the model has been reviewed and validated by official bodies, which reduces the risk of abusive or irregular clauses.
- Faster guarantee enforcement: if the financed asset is registered in the Movable Assets Registry, the bank can enforce the guarantee more quickly in case of non-payment, which may affect the debtor.
- Transparency in amortization: the amortization schedule is a mandatory annex to the contract, so the customer knows from the beginning the total cost of the loan.
- Integrated data protection: the data protection policy is part of the contract, complying with the GDPR from signature.
Who does it affect?
- Individual BBVA customers who finance the purchase of movable assets (vehicles, appliances, home equipment) at a fixed interest rate.
- Businesses and self-employed BBVA customers who finance machinery, computer equipment, company vehicles or other movable assets at a fixed rate.
- Guarantors or sureties of contracts signed under the «AC-A» model, who are identified in the buyers and guarantors form.
- Financial managers and advisors who advise customers on bank financing of movable assets with BBVA.
- Purchasing and financing departments of companies that use BBVA as a financing entity for movable assets.
Practical example
A logistics company needs to finance the purchase of three industrial vehicles through BBVA at a fixed interest rate. With the approval of the «AC-A» model, the loan contract it will sign will necessarily include:
- A detailed amortization schedule with all installments, outstanding principal and interest in each period.
- A SEPA mandate to domicile the payment of installments.
- BBVA's data protection policy integrated into the contract itself.
- A buyers and guarantors form with the company's data and, if applicable, that of the sureties.
Once signed, BBVA will be able to register the contract in the Movable Assets Registry. This means that if the company stops paying the installments, the bank will be able to enforce the guarantee on the vehicles quickly, without the need for ordinary legal proceedings. For the company, understanding this mechanism is key before signing: registry registration strengthens the creditor's position.
What should companies do now?
- Review current financing contracts with BBVA: if you have loans for the purchase of movable assets at a fixed rate signed before June 1, 2026, check if they are registered in the Movable Assets Registry and under what contractual model.
- Require the complete amortization schedule: any new contract under the «AC-A» model must include the amortization schedule as an annex. Request it before signing and review the total cost of the loan.
- Verify registry registration: if you finance movable assets of significant value, confirm with BBVA that the contract will be registered in the Movable Assets Registry, which also protects you against third parties.
- Inform guarantors and sureties: the buyers and guarantors form is a mandatory annex. Anyone who guarantees the loan should understand the implications before signing.
- Consult with a legal or financial advisor if the loan amount is relevant to your company, especially regarding the enforcement of guarantees and the conditions of the SEPA mandate.
Frequently asked questions
What is BBVA's «AC-A» model and what is it for?
The «AC-A» model is the standardized contract officially approved by the General Directorate of Legal Security and Public Faith for BBVA to formalize fixed-rate interest loans intended to finance the purchase of movable assets. Its approval is a mandatory requirement for these contracts to be registered in the Movable Assets Registry, which provides legal security to both parties and facilitates the enforcement of guarantees.
What documents does the BBVA «AC-A» model loan contract include?
The «AC-A» model includes four mandatory annexes: the loan amortization schedule, the SEPA mandate for installment domiciliation, the data protection policy and the buyers and guarantors form. All of them are part of the contract and must be present at signature.
When did BBVA's «AC-A» model come into effect?
The «AC-A» model has been in effect since June 1, 2026, the date of the approving resolution. It was published in the BOE on June 12, 2026.
Does this model affect businesses or only individual consumers?
It affects both individual consumers and businesses and self-employed persons who finance the purchase of movable assets at a fixed interest rate through BBVA. It also affects guarantors or sureties who appear in contracts signed under this model.
What does registration in the Movable Assets Registry mean for the customer?
Registration in the Movable Assets Registry allows the bank to enforce the guarantee on the financed asset quickly in case of non-payment, without the need to resort to ordinary legal proceedings. For the customer, it means that the asset is linked to the loan in a public and registry manner, which strengthens the creditor's position.
Official source
View complete regulation in official source
Notice: This article is for informational purposes only and does not constitute legal advice. For specific decisions, consult a qualified professional. Source: https://www.boe.es/diario_boe/txt.php?id=BOE-A-2026-12770