Pricing reflects the activity each business actually
conducts, with all aspects confirmed and agreed
before onboarding is started.
How Pricing Is Determined
Pricing is determined by the structure of the individual business rather than by a standard pricing schedule, because the way a bank account is used differs from one business to the next.
The nature of the business itself is the starting point. That covers the sectors it operates in, the licence(s) it holds (if applicable), the jurisdictions and currencies involved, and which services are in scope, whether that is multi-currency banking alone or banking alongside cryptocurrency rails.
The intended use of the bank account carries equal weight. This includes whether client funds are held and segregated, the way funds are received and settled, the expected flow through the bank account, the frequency and size of transactions, and the number of counterparties involved.
The level of due diligence and ongoing monitoring the bank account requires also has a direct bearing. A client in a sector subject to Enhanced Due Diligence (EDD) takes additional work to onboard and to monitor, and that work is a real cost of running the bank account which the pricing has to take into consideration.
Schedule Of Fees
Fees marked as confirmed in writing are set once our team has a full understanding of how the business operates. Speak to our team for an accurate quotation, built around the business model, expected volumes and the services required.
| Type: | Fee: | Frequency: |
|---|---|---|
| Bank Account Fees: | ||
| Application Review (Per Entity): | CONFIRMED IN WRITING | One-Off |
| Monthly Maintenance Fee (Per Bank Account): | CONFIRMED IN WRITING | Per Month |
| Transaction Fees: | ||
| Incoming / Outgoing Between Internal Bank Accounts: | 0.00% / EUR 0.00 | Per Transaction |
| SEPA (Single Euro Payments Area) Incoming: | CONFIRMED IN WRITING | Per Transaction |
| SEPA (Single Euro Payments Area) Outgoing: | CONFIRMED IN WRITING | Per Transaction |
| SWIFT (Society For Worldwide Interbank Financial Telecommunication) Incoming: | CONFIRMED IN WRITING | Per Transaction |
| SWIFT (Society For Worldwide Interbank Financial Telecommunication) Outgoing: | CONFIRMED IN WRITING | Per Transaction |
| Foreign Exchange (FX) Fees: | ||
| FX Fee (Based On Our Best Achievable FX Market Rate): | 0.00% / EUR 0.00 | Per FX Conversion |
| Cryptocurrency Over The Counter (OTC): | ||
| Cryptocurrency OTC: | CONFIRMED IN WRITING | Per Conversion |
Request a pricing schedule built around your business:
REQUEST PRICINGOur Aim With Pricing
Each pricing schedule is adapted to align with the client’s business model and requirements, and if an alternative structure is preferred, the client’s direction will be followed wherever practicable.
The overall aim is a mutually beneficial model that increases the flow of funds through the bank account as confidence in the facilities builds, with three key outcomes sought in every pricing structure:
Our team will review each business model, expected volumes and the currencies involved, and confirm every fee in writing before onboarding begins. Pricing covers the multi-currency bank account, transaction rails, currency conversion and any additional services required, so each client has a clear view of every cost from the outset.
Speak to our team to request pricing for the multi-currency bank account and additional services, or register directly through the online banking platform.
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