Account | GBP | Comment for clients | Explanation | |
---|---|---|---|---|
Business Account setup fee | £35.00 | This cost includes the first month of account maintenance (£20.00), debit card issue & delivery (£15.00). | ||
Business Account maintenance per month | £20.00 | |||
Private Account setup fee | £25.00 | This cost includes the first month of account maintenance (£10.00), debit card issue & delivery (£15.00). | ||
Private Account maintenance per month | £10.00 | |||
Transactions and FX | GBP | Comment for clients | ||
Local transfer in GBP (UK Faster Payment) | £0.00 | free of charge | ||
Local transfer in EUR (SEPA) | £0.00 | free of charge | ||
Incoming international transfer in GBP/EUR (SWIFT) | £25.00 | |||
Currency exchange (EUR/GBP, GBP/EUR) | 0.35% from the exchange amount | |||
Cards | GBP | Comment for clients | Explanation | |
Card issue | £15.00 | This price is included in account setup fee. In cases where primary debit card was lost or stolen each following debit card order & issue will cost additional £15.00 | ||
Card monthly | £0.00 | free of charge | ||
Card transaction | £0.00 | free of charge | ||
Planned card change/reissue | £0.00 | free of charge | ||
Lost card change | £15.00 | |||
Chargeback for dispute | £50.00 | |||
ATM domestic withdrawal | £1.50 | |||
ATM international withdrawal | £1.50 | |||
Acquiring/merchant services - For Business Account Only (for UK based merchants) | Low risk* | Medium risk* | Comments for clients | |
Set-up fee | £0.00 | £0.00 | free of charge | |
Rolling reserve | 5% from transaction amount for 120 days | 10% from transaction amount for 120 days | ||
Acquiring fee for payments charged in GBP/EUR/USD | Starting from IC++0.35%* | Starting from IC++0.95%* | ||
Acquiring fee for payments charged in other currencies ( not mentioned above) | Starting from IC++0.65%* | Starting from IC++1.45%* | ||