Bancotel Information

Bancotel, the company that created the hotel Checkbook payment method in Spain, was founded in 1988 with the aim of acting as an intermediary between hotels and travel agencies, making hotel rooms available to its users under highly beneficial conditions. With over 20 years’ experience, Bancotel has become a means of payment (Checkbook and e-bancotel – electronic payment of reservations) accepted in over 50,000 3-, 4- and 5-star hotels belonging to national and international hotel chains and the best independent hotels in 130 countries. Bancotel is, above all, committed to the growth of tourism, through a perspective of quality, opening of new markets, products and services. Bancotel has launched its Strategic Plan 2008-2015, split into two phases whose areas of action cover, both organic and inorganic growth; innovation, offering the market new payment methods for hotel services; international expansion with Europe and America as its main focal points and providing parallel advantages to the Bancotel means of payment, through new tourism consumption habits. To this end it has created its RD&I laboratory, essential for raising the depth of insight into consumer trends in travelling and holidaying, in order to create solutions for the future based on new technologies. The company currently attracts over 3 million customers a year and works with over 15,000 Spanish and international travel agencies, for whom it has come to be the best partner in the search for customer satisfaction.