Business Account
Local IBAN in the UK and UAE + payment card
Monthly / maintenance
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Monthly maintenance: from £100
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Minimum balance: from 3 monthly fees. Missing it costs £100 per month
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Failure to supply requested documents in time: £500
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Account closure: from 3 monthly fees
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Relationship manager, online banking, extra IBANs and currencies: free
Transactions (in / out)
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SEPA and SEPA Instant: €2 in, from 0.10% out (min €10)
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UK Faster Payments: free in, £1 out
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BACS / CHAPS: £20 each way
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US ACH: from 0.15% (min $10) each way. Fedwire: from 0.10% (min $25) each way
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SWIFT: £20/€25/$30 in, £40/€50/$60 out
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Other currencies subject to FX, and transfers between MultiPass users: free
Cards
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Plastic: £10/€12 issuance, £10/€12 monthly. Virtual: free issuance, £10/€12 monthly
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FX markup 1.5%, ATM withdrawal 1.5%, chargeback claim £50/€60
1 week
€500 one-time setup