Fees and Commissions Standard Schedule
PAYMIQ FINANCIAL GROUP LTD
Effective date May 1, 2024
This document presents the amount of fees and charges Paymiq charges your account for the Services provided to you and is a part of the Agreement. Any topics not included in this Fees and Commission Schedule shall be governed by other documents agreed between you and us, being a part of the Agreement. Paymiq reserve the rights to reject your instruction in the event there are no sufficient funds on your account.
The current version of this document is published on our website. We may change this Fees and Commission schedule from time to time, however if the change is to be made we will inform you before the change is made on our website.
| Fees and Commission Schedule | ||
|---|---|---|
| Multicurrency account | ||
| Individuals | Business standard | |
| Account opening fee* | free of charge | EUR 300 / GBP 260 |
| Account service fee (payable monthly) | EUR 10 | EUR 100 |
| Account closing fee where Paymiq has deemed the client account to be fraudulent | EUR 1 500/ GBP 1300 | EUR 1 500 / GBP 1300 |
| Additional account closing fee for fraudulent activity involving cards | EUR 250 / GBP 220 | EUR 250 / GBP 220 |
| Transfers in EUR | ||
| SEPA Incoming | 0.3% of transfer’s amount; min EUR 3 | 0.5% of transfer’s amount; min EUR 5 |
| SEPA Outgoing | 0.3% of transfer’s amount; min EUR 3 | 0.5% of transfer’s amount; min EUR 5 |
| Between own accounts | free of charge | free of charge |
| Between Paymiq Clients | 0.3% of transfer’s amount; min EUR 3 | 0.5% of transfer’s amount; min EUR 5 |
| Transfers in GBP | ||
| FPS Incoming | 0.4% of transfer’s amount; min GBP 3 | 0.5% of transfer’s amount; min GBP 5 |
| FPS Outgoing | 0.4% of transfer’s amount; min GBP 3 | 0.5% of transfer’s amount; min GBP 5 |
| CHAPS Incoming | 0.3% of transfer’s amount; min GBP 40 | 0.5% of transfer’s amount; min GBP 40 |
| Chaps Outgoing | 0.3% of transfer’s amount; min GBP 40 | 0.5% of transfer’s amount; min GBP 40 |
| Between own accounts | free of charge | free of charge |
| Between Paymiq Clients | 0.3% of transfer’s amount; min GBP 3 | 0.5% of transfer’s amount; min GBP 5 |
| Other Services | ||
| Account closing fee | EUR 250 / GBP 220 | EUR 350 / GBP 310 |
| Closed account monthly maintenance fee if balance is positive | EUR 220 | EUR 750 |
| Fee for urgent account opening (manual) (paid additionally to standard account opening fee) | EUR 250 / GBP 220 | EUR 1 500 / GBP 1300 |
| Discretionary Compliance Account Opening Fee** | EUR 150 / GBP 130 | EUR 1 000 / GBP 860 |
| Non standard documents preparation | EUR 120 / GBP 105 | EUR 120 / GBP 105 |
| Assessment fee*** | EUR 100 / GBP 90 | EUR 500 / GBP 430 |
| Fee for unscheduled due diligence of an outgoing/incoming transfer in EUR (paid additionally to standard transfer fee) | 1% of transaction amount; min. EUR 100 max. EUR 250 | 1,5% of transaction amount; min. EUR 150 max. EUR 1 500 |
| Fee for unscheduled due diligence of an outgoing/incoming transfer in GBP (paid additionally to standard transfer fee) | 1% of transaction amount; min. GBP 100 max. GBP 250 | 1.5% of transaction amount; min. GBP 100 max. GBP 250 |
| Investigation fee | EUR 15 / GBP 13 + third party fees | EUR 25 / GBP 22 + third party fees |
| Fees and Commission Schedule | |
|---|---|
| Prepaid Card | |
| Service | EUR |
| Virtual card issuing | EUR 15 |
| Plastic card Issuing | EUR 15 |
| Card load | 2.5%, minimal fee: EUR 5 |
| Monthly processing (payable monthly) | EUR 12 |
| ATM/Cash Withdrawals – Domestic Currency | 2% + EUR 3 |
| ATM/Cash Withdrawals – International | 2% + EUR 5 |
| Purchases (POS) – Domestic Currency | 0.5% + EUR 0.2 |
| Purchases (POS) – International | 1% + EUR 0.5 |
| FX fee | 4,5% |
| Card shipping (plastic card only) | |
| free of charge | |
* deducted from the first amount of an incoming transfer
** additional fee imposed for additional compliance evaluation
*** additional fee in the event of requests from correspondent banks, beneficiary banks and other intermediaries involved in the execution of the payment
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Company registered in Poland, registered number: 0000918687, registered address 72/6 Sienna Str, 00-831 Warsaw, Poland, PAYMIQ EUROPE Sp. z o.o. is regulated by The Polish Financial Supervision Authority (UKNF) as Small Payment Institution (Reg. No. MIP141/2022)
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