The CIRBE Risk Central of Bank of Spain has all the financial information that a customer has acquired with any commercial institution, whether savings, current accounts, credit (loans, etc.).

Ultimately, this is a huge database in which the Ministry of Economy and all credit companies have a valuable tool in order to determine the country's economic present and, as could not be otherwise, assess the creditworthiness of individual experience in a direct and substantial way.

Every time there is a withdrawal or a line, is known reports of defaults for any reason, there is a transfer of certain amount of money into accounts in the country or abroad, among other financial measures, the Risk Central of Bank of Spain is capable of knowing the development of these activities.

After a certain amount or valuation of the current credit potential of an individual, specifically in the order of 6,000 Euros, a commercial institution has the right to request the Risk Central of Bank of Spain all the updated information on the movements has an individual in fact of customer in other financial institutions for savings and payments. So the research process through statistical analysis and risk controls implemented by the Risk Central, involving only a very representative of the population.

Of course, this entity is also fully capable of providing data on the rest of the business developed in the other levels of society, such as whether there have been revaluations, there are payable accounts, and there have been problems with the payment of interest rates, there last. Note that although that, if it´s well the capacity of the Risk Central Bank of Bank of Spain allows it within its services to provide detailed financial movements of people, whether they are in arrears or peace unless, precisely the primary goal of this entity is given by those aware of any problems that may have a term for any bank issuer.

So, perhaps more than an "agent" of services, the Central Risk is a watchdog that guards in some ways, the actions of credit that are not covered for the inability to present themselves in their design. This situation, although it generates a lot of discomfort through the methods of disseminating of information, is one of the services within the financial statement works with more regularity and transparency.