Fees
Everything you need to know.
Corporate
| Type | Low Risk | High Risk |
|---|---|---|
| Sepa In, EUR | 0,20% | 0,30% |
| Sepa Out, EUR | 0,20% + 1 | 0,30% + 2 |
| Chaps Out (Only UK, GBP) | 0,20% + 50 | 0,40% + 50 |
| Swift In | 0,30% | 0,40% |
| Swift Out | 0,20% + 50 GBP | 0,40% + 50 GBP |
| FX | 0.50% Above Rate | 0.50% Above Rate |
| Outgoing Payment Cancel by Client | 50 EUR | 50 EUR |
| Outgoing Faster Payment | 0.20% + 2 | 0.30% + 2 |
| Incoming UK Payment (GBP) | 0.20% | 0.30% |
| Outgoing WUBS | 0.20% + 50 GBP | 0.40% + 50 GBP |
| Internal Payments to Another Monexin Customer | 0 | 0 |
| Monthly Maintenance Fee | 100 EUR | 300 EUR |
| One-Time Onboarding Fee | 500 EUR | 1000 EUR |
Private
| Type | Low Risk | High Risk |
|---|---|---|
| Sepa In, EUR | 0,15% | 0,25% |
| Sepa Out, EUR | 3 | 0,05% + 3 |
| Chaps Out (Only UK, GBP) | 50 | 0,05% + 50 |
| Swift In | 0,15% | 0,25% |
| Swift Out | 0,15% + 50 GBP | 0,05% + 50 GBP |
| FX | 0.50% Above Rate | 0.50% Above Rate |
| Outgoing Payment Cancel by Client | 50 EUR | 50 EUR |
| Outgoing Faster Payment | 3 | 0.05% + 3 |
| Incoming UK Payment (GBP) | 0.15% | 0.25% |
| Outgoing WUBS | 50 GBP | 0.1% + 50 GBP |
| Internal Payments to Another Monexin Customer | 0 | 0 |
| Monthly Maintenance Fee | 3 EUR | 75 EUR |
| One-Time Onboarding Fee | 0 EUR | 250 EUR |
High-Risk Explanations
Any client who has one or more of the following risk factors will be considered as high risk:
- The business relationship is conducted in unusual circumstances;
- The client is a resident or transacts with a geographical area of high risk;
- Entities registered in Countries classified as High Risk by FATF;
- Cash-intensive businesses;
- The corporate structure of the customer is unusual or excessively complex given the nature of the company’s business;
- Unusual transactions or unusual patterns
- High-value businesses (jewelers, antiques, etc.);
- High-net-worth individual;
- Politically exposed person (PEP);
- Relatives and/or close associates of PEPs;
- Customers with large and/or complex transactions;
- Corporate entities engaged in activities, closely associated with money laundering
- Other clients reasonably qualifying as high-risk ones.
The final risk score may be adjusted by our compliance team upon review of customer's documents during the on-boarding procedure.