Business Account Fees

Account opening

Review of the application

£250

Legal entity registered in the EEA: shareholders and/or directors are legal entities, registered outside the EEA

£500

Legal entity registered in the EU: shareholders and directors are individuals, residents of EEA

£250

Legal entity registered outside the EEA: shareholders and directors are individuals, residents of the EEA

£700

Legal entity registered outside the EEA: shareholders and/or directors are legal entities registered outside the EEA

£1,000

In-depth assessment of the documents submitted by the client for opening an account

up to £1,500

subject to an additional agreement

Correction, review and search for payments

Review or correction of details for internal payments

£20

Revocation or correction of the details of outgoing payments, up to 6 months from the moment of execution of the payment order

£50

Search for outgoing or non-received payments

£100

+actual expenses

IBAN accounts

Incoming and outgoing payment fee

GBP

£3

up to £999

£10

from £1,000 up to £4,999

£20

from £5,000 up to £9,999

£60

from £10,000 up to £49,999

£100

starting from £50,000

Incoming and outgoing payment fee

EUR

€3

up to €999

€10

from €1,000 up to €4,999

€20

from €5,000 up to €9,999

€60

from €10,000 up to €49,999

€100

starting from €50,000

Monthly maintenance fee for an inactive account

Inactive account – an account with no movements for more than 5 months

£500

Current account related services

Maintenance of current account

£100

Enhanced supervision or analysis of the client’s business or professional activity if this is prescribed by the relevant regulations

up to £500

per month

Checking the information in public registers if this is necessary for the provision of the relevant services

up to £10

per document + actual expenses

Registration of changes in the client's case

£10

Account closure

£200

Standard account statement

free

Copy of EUR/GBP incoming or outgoing payment report

free

Preparation of a standard certificate of availability and/or status of accounts

£20

Preparation of any other certificates, responses to auditors, letters of recommendation

£75

Forwarding documents by courier

£20

+actual expenses

Penalty for keeping funds on the account after the termination of business relations with the client

£1,000

Penalty for the client’s failure to provide the requested information and/ or documents in full and within the period specified in the request

£100

Additional fees for reviewing the account opening application for complex structures

i.e. foundations, regulated funds, securitization, trusts and other entities with a complex management chain

up to £3,000

subject to an additional agreement

Commission for unscheduled in-depth study of the incoming/outgoing payments

Including requests from all parties who participate in the payment execution process, i.e. banks, correspondent banks, beneficiary banks, intermediary banks

up to £300