Individual Fees

Onshore (UK+EEA)Offshore (Outside UK+EEA)

Onshore (UK+EEA)

Account Fees

Account Opening Fee Free
Monthly Maintenance fee (GBP, EUR and SWIFT IBAN Included) € 3.99 EUR
Each Additional IBAN (per month) € 5.00 EUR
Urgent document revision for opening an account € 50.00 EUR
Funds transfer between Blackthorn Account user accounts Free
Annual Due Diligence Cost Included


Incoming Transfer Fees

Incoming Flow Fees 0%
Faster Payment 0%
SEPA 0%
Local Payments 0%
SWIFT (SHA) € 10.00 EUR plus bank correspondent fee (if any)


Outgoing Transfer Fees

Outgoing Flow Fees 0%
Faster Payment £ 1.00 GBP
SEPA € 1.00 EUR
Local Payments € 5.00 EUR plus 1% FX fee
SWIFT (SHA) 0.3% (minimum € 20.00 EUR) plus bank correspondent fee (if any)


FX Conversion Fees

Majors 0.40%
Minors 0.80%
Exotics 1.20%


Payment Cards

Card issuing € 5.00 EUR
Priority post delivery Free
Courier delivery € 5.00 EUR
Replacement Card € 10.00 EUR
Commission fee for conversion* 3% of transaction
Cash Withdrawal (International) 2% of amount withdrawn (minimum € 2.50 EUR)
Cash Withdrawal (Local) € 1.00 EUR
Card reissue (if lost, stolen, blocked) € 5.00 EUR
Fee for SMS (PIN code delivery) € 0.50 EUR
ATM Balance enquiry fee Free


Virtual Cards

Card issuing Free
Virtual card (monthly fee) Free
Commission fee for conversion* 3% of transaction
Commission fee for goods and services 0% of purchase amount


Other Services

Chargeback processing fee € 25.00 EUR
Transaction document request € 10.00 EUR
Closing a Current Account Free
Closed account reference € 200 EUR
Sending physical documents to clients € 50.00 EUR
SWIFT MT103 transfer copy € 15.00 EUR
Correction, investigation, cancellation or repayment of a Payment Order € 30.00 EUR per case
Administration fee** -


Limits

Card Spend Limit (Payment & Virtual Combined) € 50,000 EUR per year
Minimum Account Balance € 0.00 EUR
Payment Card Transaction Limit € 5,000 EUR per transaction
Virtual Card Transaction Limit € 5,000 EUR per transaction
Cash Withdrawal (Local) € 400 EUR per withdrawal
Cash Withdrawal (International) € 500 EUR per withdrawal


Offshore (Outside UK+EEA)

Account Fees

Account Opening Fee Free
Monthly Maintenance fee (GBP, EUR and SWIFT IBAN Included) € 10.00 EUR
Each Additional IBAN (per month) € 10.00 EUR
Urgent document revision for opening an account € 100.00 EUR
Funds transfer between Blackthorn Account user accounts Free
Annual Due Diligence Cost Included


Incoming Transfer Fees

Incoming Flow Fees 0%
Faster Payment 0%
SEPA 0%
Local Payments 0%
SWIFT (SHA) € 10.00 EUR plus bank correspondent fee (if any)


Outgoing Transfer Fees

Outgoing Flow Fees 0%
Faster Payment 0.3% (minimum £ 1.00 GBP)
SEPA 0.3% (minimum € 1.00 EUR)
Local Payments € 5.00 EUR plus 1% FX fee
SWIFT (SHA) 0.3% (minimum € 25.00 EUR) plus bank correspondent fee (if any)


FX Conversion Fees

Majors 0.40%
Minors 0.80%
Exotics 1.20%


Payment Cards

Card issuing € 30.00 EUR
Priority post delivery Free
Courier delivery € 5.00 EUR
Replacement Card € 50.00 EUR
Commission fee for conversion* 3% of transaction
Cash Withdrawal (International) 2% of amount withdrawn (minimum € 2.50 EUR)
Cash Withdrawal (Local) € 2.00 EUR
Card reissue (if lost, stolen, blocked) € 30.00 EUR
Fee for SMS (PIN code delivery) € 0.50 EUR
ATM Balance enquiry fee Free


Virtual Cards

Card issuing € 1.00 EUR per virtual card
Virtual card (monthly fee) € 1.00 EUR per virtual card
Commission fee for conversion* 3% of transaction
Commission fee for goods and services 0% of purchase amount


Other Services

Chargeback processing fee € 25.00 EUR
Transaction document request € 10.00 EUR
Closing a Current Account Free
Closed account reference € 200 EUR
Sending physical documents to clients € 50.00 EUR
SWIFT MT103 transfer copy € 15.00 EUR
Correction, investigation, cancellation or repayment of a Payment Order € 50.00 EUR per case
Administration fee** -


Limits

Card Spend Limit (Payment & Virtual Combined) € 50,000 EUR per year
Minimum Account Balance € 0.00 EUR
Payment Card Transaction Limit € 5,000 EUR per transaction
Virtual Card Transaction Limit € 5,000 EUR per transaction
Cash Withdrawal (Local) € 400 EUR per withdrawal
Cash Withdrawal (International) € 500 EUR per withdrawal


Values are equivalent to EUR values unless stated otherwise.
*In case the virtual card account has another currency than transaction currency.
**This fee is chargeable under certain circumstances (if you request an additional service from us which we normally do not provide), but we will always notify you in advance if and when the fee applies.

Blackthorn Finance Limited is an authorised payment institution and regulated by the Financial Conduct Authority (FRN 927408) under the Payment Services Regulations 2017 (PSRs).

Blackthorn Finance Limited is registered in England and Wales under number 10024682.

Blackthorn Pay Inc. is registered in Canada under the number BC1334854 and regulated by MSB under the number M22784529. Registered address is 50 Lonsdale Ave Suite 205 Vancouver, BC, Canada V7M2E6
Blackthorn Finance
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