Fee Information Document
Name of the account provider: Paxum Inc.
Account name: Business Payment Account
Date: 31 October 2018
- This document informs you about the fees for using the main services linked to the payment account. It will help you to compare these fees with those of other accounts.
- Fees may also apply for using services linked to the account which are not listed here.
- A glossary of the terms used in this document is available free of charge.
Business Account Fees
Download Fee Information Document
General Fees
| Maintaining the Account | FREE! (If used at least once within past 6 months) |
$5.00 (If not used at least once within past 6 months) |
|
| EUR IBAN Account (for incoming WIRES and SEPA transfers) | FREE! |
Receiving Money From Outside the UK
| By Wire from your OWN account in USD Currency | $50.00 |
| By Wire from your OWN account in EUR Currency | $10.00 |
| By Wire from 3rd party (USD) | 1%, min. $50.00 |
| By Wire from 3rd party (EUR) | 0.5%, min. $10.00 |
| By SEPA transfer from your OWN account | $5.00 |
| By SEPA transfer from 3rd party | 0.5%, min. $5.00 |
| By P2P transfer from other Paxum Users | $1.00 |
Receiving Money From the UK
| By Wire from your OWN account in USD Currency | $50.00 |
| By Wire from your OWN account in EUR Currency | $10.00 |
| By Wire from 3rd party (USD) | 1%, min. $50.00 |
| By Wire from 3rd party (EUR) | 0.5%, min. $10.00 |
| By SEPA transfer from your OWN account | $5.00 |
| By SEPA transfer from 3rd party | 0.5%, min. $5.00 |
| By P2P transfer from other Paxum Users | $1.00 |
Sending Money Within the UK
| By P2P transfer to other Paxum Users | $1.00 |
| By Wire to your OWN account in USD Currency | $50.00 *** |
| By Wire to your OWN account in EUR Currency | $40.00 |
| By Wire to your OWN account in OTHER Currency | $25.00 |
| By Wire to 3rd party (USD) | 1%, min. $50.00 *** |
| By Wire to 3rd party (EUR) | 0.5%, min. $40.00 |
| By Wire to 3rd party (OTHER Currency) | 1%, min $25.00 |
| By SEPA transfer to your OWN account | $5.00 |
| By SEPA transfer to 3rd party | 0.5%, min. $5.00 |
| By EFT (COP) to your own account or 3rd party account | $8.95 |
| By EFT (OTHER Currency) to your own account | $5.00 |
| By EFT (OTHER Currency) to 3rd party account | 1%, min $5.00 |
| To Credit Card (Other than Paxum Prepaid Card) owned by you | $6.00 + 2.95% |
| To Credit Card (Other than Paxum Prepaid Card) owned by another person | $6.00 + 5% |
Sending Money Outside the UK
| By P2P transfer to other Paxum Users | $1.00 |
| By Wire to your OWN account in USD Currency | $50.00 *** |
| By Wire to your OWN account in EUR Currency | $40.00 |
| By Wire to your OWN account in OTHER Currency | $25.00 |
| By Wire to 3rd party (USD) | 1%, min. $50.00 *** |
| By Wire to 3rd party (EUR) | 0.5%, min. $40.00 |
| By Wire to 3rd party (OTHER Currency) | 1%, min $25.00 |
| By SEPA transfer to your OWN account | $5.00 |
| By SEPA transfer to 3rd party | 0.5%, min. $5.00 |
| By EFT (COP) to your own account or 3rd party account | $8.95 |
| By EFT (OTHER Currency) to your own account | $5.00 |
| By EFT (OTHER Currency) to 3rd party account | 1%, min $5.00 |
| By ACH to your own account | $5.00 |
| By ACH to 3rd party | 1%, min. $5.00 |
| To Credit Card (Other than Paxum Prepaid Card) owned by you | $6.00 + 2.95% |
| To Credit Card (Other than Paxum Prepaid Card) owned by another person | $6.00 + 5% |
Factoring Service Fees
| Factoring Service Fee per Claim | $1.00 per Claim |
Paxum Prepaid Card Fees
| Paxum Prepaid Card Issue | FREE! |
| Paxum Prepaid Card Yearly Fee | $44.95 |
| Funds Transfer from Payment Account to Paxum Prepaid Card | $0.25 |
| Cash Withdrawal in USD currency in the UK | $2.00 * |
| Cash Withdrawal in USD currency outside the UK | $2.00 * |
| Cash Withdrawal in Pounds in the UK | $2.00 + Conversion Rate applied by the Bank |
| Cash Withdrawal in Pounds outside the UK | $2.00 + Conversion Rate applied by the Bank |
| Cash Withdrawal in foreign currencies outside the UK | $2.00 + Conversion Rate applied by the Bank |
| Debit Card Payment in USD currency | FREE! ** |
| Debit Card Payment in Pounds | FREE! ** |
| Debit Card Payment in a foreign currency | FREE! ** |
| Refusing a Payment Due to Lack of Funds | $0.50 |
| ATM Balance Inquiry | $0.50 |
| PIN Code Change | $1.00 |
| Replacement Card | $44.95 |
| Card Delivery to International Address | Standard Shipping - FREE! |
| Dispute (Chargeback) | $40.00 |
* Temporary card has an additional 1.25% Fee for withdrawals in USD
** Temporary card has $1.00 Fee for POS Transactions
*** SHA option