Account Fees

  • Dedicated Relationship Manager
  • Online Banking
  • Additional IBANs and currencies
  • Free
  • Free
  • €2,500

Account Opening

  • Individual
  • Corporate
  • Agent
  • € 5,000
  • € 10,000
  • € 50,000
  • Priority onboarding (additional fee)
  • Additional due diligence for entities with 1-2 layers of ownership
  • Additional due diligence for entities with 3 layers of ownership
  • Additional due diligence for entities with 4+ layers of ownership
  • Additional account opening for affiliated companies
  • Updating ownership details after account setup
  • € 1,500
  • € 250
  • € 550
  • € 2,000
  • € 5,000
  • € 15,000

Monthly Account Maintenance Fee

  • € 1,000-Ind (€ 5,000 Min Balance)
  • € 2,000-Corp (€ 50,000 Min Balance)
  • Minimum balance
  • Failure to meet minimum balance, charged monthly
  • Minimum FX volume
  • Inactivity fee (charged monthly starting year 2 after the last transaction)
  • Account closure fee
  • equals 9 monthly fees
  • € 200-Individual / € 350-Corporate
  • 50% from total incoming volume
  • € 500 - Individual / € 2,000 - Corporate
  • equals 9 monthly fees

Annual due Diligence (no changes to ownership)

€ 500

  • Failure in updating KYC details beyond 30 days after changes
  • Failure to provide requested documents/information in due time
  • € 3,000-Individual / € 8,000-Corporate
  • € 3,000-Individual / € 8,000-Corporate

Payment Processing

  • Transfer cancellation (Internal)
  • Transfer cancellation (External)*
  • Submitted transfer enquiry
  • Payment confirmation
  • SWIFT payment confirmation
  • Charges for discrepancies / amendments to Client's instructions (manual processing)
  • Additional due diligence for checking the payment for compliance with the requirements for AML/CTF/CPF and Sanction Compliance
  • € 50
  • € 250
  • € 350
  • € 25
  • € 300
  • € 300
  • 10%(min €10,000)

* Additional intermediary or beneficiary bank charges may apply

Document Processing

  • Reference letter
  • Account confirmation letter
  • Audit confirmation letter for existing client
  • Audit confirmation letter for former client
  • Bank statement (available via Client Portal)
  • Bank statement (sent upon Client's request)
  • Bank statement for any closed account (sent upon Client's request)
  • Bank statement for 1 month (sent via post)**
  • Stamped bank statement
  • Postage fee**
  • € 250
  • € 250
  • € 1,500
  • € 2,500
  • Free
  • Free
  • €1,000
  • € 200
  • € 200
  • € 50 per correspondence item

** International courier fees apply

Payment Fees

Description

  • Local EU (SEPA / SEPA Instant)
  • Local UK (Faster Payments)
  • Local UK (BACS / CHAPS)
  • Local US-ACH
  • Local US-FEDWIRE
  • International (SWIFT)***
  • International / Local, subject to FX

Currency

  • EUR
  • GBP
  • GBP
  • USD
  • USD
  • GBP/EUR/USD
  • Other

Incoming

  • €25
  • £10
  • £50
  • 0.50%(min $70)
  • 0.50%(min$70)
  • £55 / €55 / $75
  • 0.50%(min 100)

Outgoing

  • 0.25% (min €55)
  • £10
  • £75
  • 0.50%-min$90
  • 0.50%(min$90)
  • £80 / €100 / $100
  • 0.50%(min 100)

*** Additional charges apply based on the Zone of the sender/receiver party

Zone 1 > In Free < Out 0.35% min £50 / €50 / $50

  • Austria, Belgium, Croatia, Cyprus, Latvia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Lithuania, Luxembourg, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, and the United States.

Zone 2 0.65% min £100 / €100 / $100

  • Brazil, Bulgaria, Liechtenstein, Monaco, Malta, Australia, Canada, Central African Republic, China, Gibraltar, Hong Kong, Israel, Japan, New Zealand, Qatar, United Arab Emirates, Singapore, South Africa, South Korea.

Zone 3 0.95% min £150 / €200 / $300

  • Albania, Aland Islands, Algeria, Antarctica, Bahrain, Brunei, Chile, Colombia, Costa Rica, Democratic Republic of the Congo, Falkland Islands, Faroe Islands, Georgia, Heard Island and McDonald Islands, India, Indonesia, Jordan, Kuwait, North Macedonia, Malaysia, Mayotte, Mexico, New Caledonia, Oman, Pitcairn, Réunion Island, Saint Barthelemy, Saint Helena, Saint Pierre and Miquelon, San Marino, South Georgia and the South Sandwich Islands, Svalbard and Jan Mayen, Taiwan, Tanzania, Thailand, Turkey, United States Minor Outlying Islands, Vietnam, Wallis and Futuna.

Zone 4 2.5% min £500 / €750 / $950

  • Albania, Aland Islands, Algeria, Antarctica, Bahrain, Brunei, Chile, Colombia, Costa Rica, Democratic Republic of the Congo, Falkland Islands, Faroe Islands, Georgia, Heard Island and McDonald Islands, India, Indonesia, Jordan, Kuwait, North Macedonia, Malaysia, Mayotte, Mexico, New Caledonia, Oman, Pitcairn, Réunion Island, Saint Barthelemy, Saint Helena, Saint Pierre and Miquelon, San Marino, South Georgia and the South Sandwich Islands, Svalbard and Jan Mayen, Taiwan, Tanzania, Thailand, Turkey, United States Minor Outlying Islands, Vietnam, Wallis and Futuna.