Frequently asked questions about form 196 (fiscal year 2026 and subsequent years)

They are required to submit form 196:

The credit institutions and other entities that, in accordance with current regulations, are engaged in banking or credit transactions, which will report all accounts opened in said entities or made available by them to third parties in establishments located within or outside Spanish territory.

The payment institutions and electronic money institutions, who will report on the accounts they manage.

The branches in Spanish territory from the aforementioned entities of other Member States of the European Union or of third countries, which will report all accounts opened in said branches or made available by them to third parties.

The aforementioned entities from other Member States of the European Union or from third countries that, according to the regulatory framework, operate in Spain in free provision of services regime, which will report on accounts opened in said entities to persons or entities resident in Spanish territory and in favor of permanent establishments in Spanish territory of persons or entities not resident in Spain.