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Standard Pricing List – Personal Banking
Account opening
requirements
For more details on Personal/Business accounts for the Chinese residents and companies click here.
EEA-Residents
Non EEA-Residents
ACCOUNT OPENING & MAINTENANCE FEES
Account activation (Each independent Multi-Currency account)
5€/per account
10€/per account
Multi-factor authentication (Google authenticator)
Free of charge
Free of charge
Monthly Multi-currency account maintenance (per account)
5.00 €
10.00 €
Account closure
Free of charge
Free of charge
Initial deposit capital
Not required
Not required
MONEY TRANSFER & PAYMENT FEES
Between EU PanPay Accounts
Free of charge
Free of charge
INCOMING
SEPA (European Economic Area countries)
1.00 €
2.00 €
FPS /CHAPS- within the UK
1.00 €
2.00 €
Wire Transfer (SWIFT)
1.00 €
1.00 €
Compliance-intensive payment from High-Risk areas/industries or Third-party accounts
Additional 0.1%, Min. fee 15.00 €
Additional 0.1%, Min. fee 15.00 €
OUTGOING
(European Economic Area countries)
1.00 €
2.00 €
SWIFT Exclude sanctioned countries
15.00 €
0.1%, Min. fee30 €
Express Link payment** 1 day
1% Min. fee 30 €
1% Min. fee 30 €
Comment: If additional compliance occurred for individual/high risk industry/high risk countries, please register in the online banking -“Transaction Reporting system” in advance, and the incoming fee is min: 30 € to 0.1%*transaction amount.
CURRENCY EXCHANGE
Currency exchange (Non cash)
Mid-market exchange rates, rate provided
during exchange transaction
Mid-market exchange rates, rate provided
during exchange transaction
ADDITIONAL FEES
Account confirmation letter/Payment/Foreign Exchange/
Deposit statement (Scanned document) with PanPay seal and signature
1.00 €
2.00 €
Electronic bank statement
Free of charge
Free of charge
Returned payment fee due to remitting/receiving party (wrong methods of payment, incorrect payment data, cancellation, investigation of the payment)
30.00 €+intermediate bank fee
30.00 €+intermediate bank fee
Sender party RECALL/FRAUD transaction
30.00 €
30.00 €
Correspondent bank international transfer completion notification / provisioning a copy of the notification (SWIFT copy)
30.00 €+intermediate bank fee
30.00 €+intermediate bank fee
Payment Correction/cancellation fee after the instruction has already been sent.
50.00 €
50.00 €
Fee of the Information System of Cash-Flow Restrictions
(PLAIS)
0.5% annual interest rate
0.5% annual interest rate
PanPay USA Inc. is authorized by the FinCEN of the United States under the Money Service Operator Regulations.
PanPay USA Inc. BIC (SWIFT): PNUAUS62.
PanPay Hong Kong Limited is authorized by the Commissioner of Customs & Excise under the Money Service Operator Regulations.
PanPay Hong Kong Limited BIC (SWIFT): PAHNHKK2.
UAB PanPay Europe is authorized by Bank of Lithuania (part of European Central Bank) under the unrestricted Electronic Money Regulations.
UAB PanPay Europe Financial Institution Code: 38700, UAB PanPay Europe BIC (SWIFT): PAEOLT21.
Comment: If additional compliance occurred for individual/high risk industry/high risk countries, please register in the online banking -“Transaction Reporting system” in advance, and the incoming fee is min: 30 € to 0.1%*transaction amount.