Parejo Lawyer - Present

It is a consumer who habitually makes investments in the foreign exchange market through purchase and sale orders. The concept of consumer must be interpreted restrictively, taking into account only the position of the person with respect to a specific contract, and not considering the subjective situation of said person.

The High Court has declared illegal as abusive the overdraft commission that some entities charge automatically to customers who remain overdraft, which amounts to €30 per debtor position. Abusive conduct that does not comply with the Bank of Spain rules for this type of commissions because it foresees that it may be repeated and is presented as an...