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 - Within UK

1.00 €

1.00 €

CHAPS - Within UK

30.00 €

30.00 €

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 in the online banking -“Transaction Reporting system” in advance.
The incoming fee of high-risk countries is min: 15 € to 0.1%*transaction amount.
The incoming fee of high-risk industries is min: 30 € to 0.1%*transaction amount.

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 individual/high risk industry/high risk countries,
and the outgoing 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

* 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