PanPay standard service fee

Personal

Corporate

Purpose

E-commerce trade only:
(Amazon/eBay/PayPal, etc.);

General trade; E-commerce trade: (Amazon/eBay/PayPal, etc.);

Account management

USD/EUR/GBP

5.00 €/per account/month

5.00 €/per account/month

USD/EUR/GBP

5.00 €/per account/month

5.00 €/per account/month

Account activation

10.00 €/account

10.00 €/account

Closing account

free

free

initial funds deposit

not required

not required

Incoming payment

1.00 €

1.00 €

FPS/BACS/CHAPS - Within UK

1.00 €

1.00 €

ACH/Fedwire - Within USA

1.00 €

1.00 €

SWIFT SHA-Global(Exclude sanctioned countries

1.00 €

1.00 €

Comment: If additional compliance occurred for high-risk industry/high-risk countries, please register on the online banking -“Transaction Reporting system” in advance.
The incoming fee of high-risk regions/logistics business/third-party payment is from 15 € min to 0.1% of the transaction amount max.
The incoming fee of high-risk industries is from 30 € min to 0.1% of the transaction amount max.

Outgoing payment

1.00 €

2.00 €

1.00 €

2.00 €

SWIFT SHAGlobal (Exclude sanctioned countries

15.00 €

15.00 €

SWIFT SHAGlobal (Exclude sanctioned countries

15.00 €

15.00 €

Comment:  If additional compliance occurred for logistics business/third-party payment, the outgoing fee is from 15 € min to 0.1%*of the transaction amount max.
If additional compliance occurred for individual beneficiaries/high-risk industries or regions/import e-commerce/ related-party transactions, the outgoing fee is from 30 € min to 0.1% of the transaction amount max.

Currency Exchange

Currency exchange(Non cash)

Mid-market exchange rates, rate provided during exchange transaction

Mid-market exchange rates, rate provided during exchange transaction

* SEPA Countries: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia, Spain, Bulgaria, Croatia, Czech Republic, Denmark Hungary, Poland, Romania, Sweden, Switzerland, Britain, Iceland, Liechtenstein, Norway, Monaco, San Marino.

* SHA:The payer (sender of the payment) will pay all fees charged by PanPay, and the Payee (recipient of the payment) will pay all fees charged by receiving banks (correspondent /intermediary/ receiving bank).

Other possible one-time fees

Service

Personal

Corporate

Fee for fundamental change of the company information /Re-registration fee

N/A

50.00 €

Account confirmation letter with PanPay seal or signature (E-copy)

50.00 €

50.00 €

Compliance fee for not reported to PanPay in advance Incoming payment from high risk industry/high risk countries

50.00 €

50.00 €

Incorrect payment data, cancellation, investigation of the payment

30.00 €

30.00 €

RECALL/FRAUD payment

30.00€/time

30.00€/time

Attention: The above rate applies only to China and EU clients, an additional compliance fee of 100 euros will be applied to clients from other regions when opening an account for the first time.