For more details on Personal/Business accounts for the Chinese residents and companies click here.
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
Between EU PanPay Accounts
Free of charge
Free of charge
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 €
(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 (Non cash)
Mid-market exchange rates, rate provided
during exchange transaction
Mid-market exchange rates, rate provided
during exchange transaction
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
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.