Fees
We offer competitive fees for our services.
QBANQ Banking Pricing
Our fee structure is transparent and clear for everyone. We have separated all crucial points for you.
Start €/month For micro or small businesses | Growth €/month For medium sized businesses | Scale €/month For medium to large businesses | Consumer Pricing Standard Plan/month For Individuals | |
|---|---|---|---|---|
| Account opening (Onetime payment) | 50 | 100 | 200 | 40 |
| Internal (Incoming/Outgoing) | Free | Free | Free | |
| SEPA Standard SCT (Incoming) | Free | Free | Free | |
| SEPA Standard SCT (Outgoing) | Free | Free | Free | |
| SEPA Standard SCT Inst. (Outgoing) | ||||
| SWIFT (Outgoing) | Up to 0.5% (min E18) | Up to 0.3% | Up to 0.2% | |
| SWIFT (Incoming) | ||||
| Rejected payment (Administration fee) | 3 | 3 | 3 | |
| FX (Currency exchange) | 0.8 - 1.5% (Spread on the interbank) | 0.4 - 0.8% (Spread on the interbank) | 0.1 - 0.4% (Spread on the interbank) | |
| ACCOUNT TOP UP (With third party card) | 2.5 - 3.5% | 2 - 3% | 1.5 - 2.5% |
Breakdown of the terms
- SEPA: Stands for Single Euro Payments Area. It's an initiative that allows for the seamless transfer of euro payments between accounts across 36 participating European countries, making it as easy as a domestic transfer.
- Standard (SCT): Refers to the "SEPA Credit Transfer" scheme, which is the most common type of SEPA payment. It's a "push" payment method where the sender initiates the transfer of funds to your account.
- Incoming: Indicates that your bank account is the recipient of the payment.
Key characteristics of an incoming SCT payment
- Full amount: The full amount of the payment will be credited to your account, as any fees are deducted by the sender's bank, not the recipient's.
- Processing time: Most payments are completed within one business day.
- Euro only: The transfer must be in euros.
- Standard vs. Instant: This is the standard credit transfer, which is different from "SCT Inst" (SEPA Instant Credit Transfer), a faster, real-time option for urgent payments.