Business Banking fees

Transcription

1 This brochure contains all the business payment costs for Rabobank. Payment costs include, for example, the business account fee, the subscription costs for a point of sale terminal, Rabo internet banking- and statement information costs. Your total payment costs will depend upon your particular banking set up for payments. For additional information regarding the products mentioned please visit our website: 1 July 2016 Version 2.3 1

2 Index The basis of business banking 4 Business account 4 Debit card and credit card 4 Benefits for starters* 4 Benefits for Associations and Civil-Law Foundations* 4 Digital banking 5 Rabo Internetbankieren (Rabo internet banking) 5 Rabo Cash Management 5 Rabo Transact Valuta 5 Rabo Trade Access 5 Rabo Corporate Connect 5 Direct delivery 5 Balance and account information 6 Eurozone payment transfers 7 Cashless payments* 7 Pay suppliers via direct debit 7 Eurozone incoming transfers 8 Incoming transfers 8 Collection incoming 8 Direct debit electronic mandate maintenance 8 Pin receipts* 8 Rabo PinBox: Hiring a payment terminal*** 9 Rabo SmartPin: pin receipts via your Smartphone 9 Rabo PinTegoed: buy Pin settlement bundles in advance* 9 Online payment products 10 Rabo Omnikassa: ideal and other payment methods in one online checkout 10 Rabo ideal Professional: ideal for your current online checkout 10 Cash withdrawals 11 Cash withdrawals 11 Cash deposits (euro and foreign currency) 11 Payments with the Rabo WereldPas and CreditCard 12 Payment transfers outside the Eurozone 13 Outgoing worldwide payments 13 Incoming payments from outside the Eurozone 14 Incoming worldwide payments 14 International 15 Rabo International Cash Management (RICM) 15 Cash Pooling 15 Documentary Payments 17 Documentary collections: import and export 17 Letters of Credit: import and export 17 1 July 2016 Version 2.3 2

3 Bank guarantees 18 Bank declarations 19 Foreign Exchange Settlements* 19 1 July 2016 Version 2.3 3

4 The basis of business banking The business account, the international bank card (WereldPas) and internet banking (RIB) form the basis of your business banking set up. Business account per month/per account Current account* 5.00 Foreign currency account* 5.00 G-account* 6.00 Escrow account 5.00 *No credit interest is paid on the credit balance in the current account Debit card and credit card per month/per card Rabo WereldPas, debit card 1.65 Replacement WereldPas no charge Rabo CreditCard 2.75 Rabo Filiaalpas 2.50 Benefits for starters* For a period of 12 months:: all products and transactions cost-free up to a maximum of 70,- per month discount on liability insurance and work disability insurance from Interpolis *for the conditions please go to Benefits for Associations and Civil-Law Foundations* All transaction costs up to a maximum of per month will be refunded. * The conditions can be found on 1 July 2016 Version 2.3 4

5 Digital banking Rabo Internetbankieren (Rabo internet banking) Rabo Internetbankieren* monthly 4.00 Rabo Internetbankieren Professional* monthly 5.50 Rabo OnlineKey per card 1.15 *Included 1 card reader and the use of the Rabo Bankieren App Rabo Cash Management Rabo Cash Management module one-off monthly Per user/card 4.00 Multibank module one-off monthly Additional card reader (2 included in installation) one-off Rabo Transact Valuta s Rabo Transact Valuta Module no charge Per user/card (if RCM is not used) monthly 4.00 Additional card reader (2 included in standard subscription) one-off Rabo Trade Access s Module Rabo Trade Access no charge Per user/card (if RCM is not used) monthly 4.00 Additional card reader (2 included in standard subscription) one-off Rabo Corporate Connect Rabo Corporate Connect* * For the transaction services within the Rabo Corporate Connect portal costs may be applicable. no charge Direct delivery Rabo Direct Connect/SWIFT FileAct Standard subscription RDC/SWIFT FileAct one-off monthly 5, July 2016 Version 2.3 5

6 Other Via Equens Internet Services/Equens CPS monthly per account 4.92 Extra Rabo Scanner one-off Balance and account information Information costs via RIB (Pro), RCM, RDC and SWIFT FileAct per record 0.08 Balance inquiry no charge Download settlement records no charge Rabo Alerts: notification per alert no charge Rabo Alerts: SMS notification per alert 0.15 Account statement, electronic delivery via RIB (Pro) per statement no charge Account statement, hardcopy per statement 1.50 Monthly account statement per statement 1.25 Copy of account statement**, annual financial statement, credit card 4.13 statement* * Excluding 21% VAT. ** Two statement requests per annum without charge. Maximum costs per annum per account. 1 July 2016 Version 2.3 6

7 Eurozone payment transfers Payment transfers within all SEPA countries. Cashless payments* Transfer, electronic delivery** 0.08 Written transfer 2.50 Periodic payment order out (via bank) 0.08 Acceptgiro (in writing) 1.60 Express payment, electronic delivery 5.00 Express payment, in writing * A Eurozone payment is a transfer denominated in EUR between accounts held in EU countries (including the Netherlands) + Norway, Iceland, Liechtenstein, Switzerland and Monaco and the islands Jersey, Guernsey and Isle of Man. ** Using RCM option Importeren Equens batches and direct delivery by means of Equens CPS, batches are subject to a fee of 4. Pay suppliers via direct debit Direct debit 0.10 Cancellation of direct debit (credit)* 0.35 * We may charge you any additional costs incurred by debit banks for the processing of transaction reversals. 1 July 2016 Version 2.3 7

8 Eurozone incoming transfers Incoming payments within all SEPA countries. Incoming transfers Incoming payment* 0.15 FiNBOX incoming payment 0.15 Acceptgiro 0.35 Express payment (without advice by telephone) 0.15 * A Eurozone payment is a transfer denominated in EUR between accounts held in EU countries (including the Netherlands) + Norway, Iceland, Liechtenstein, Switzerland and Monaco and the islands Jersey, Guernsey and Isle of Man. Collection incoming Collection incoming via RIB (Pro)/ RCM/ Rabo Direct Connect/ SWIFT Fileact per item per batch* Cancellation of direct debit (debit) 0.35 Granted unauthorised direct debit report (MOI) per request * Collection incoming via Equens CPS 4.00 per batch Direct debit electronic mandate maintenance Electronic Direct debit mandate subscription monthly New, amended or withdrawn electronic Direct debit mandate 0.75 Pin receipts* Subscription payment terminal for pin** monthly 3.60 Subscription payment terminal pin refund** monthly 3.60 Pin receipts via Maestro and V PAY*** per settlement 0.05 Pin refund per settlement 0.06 * The batch receipts via Maestro, V PAY and Rabo OmniKassa settlements are charged as Electronic transfer incoming **Excluding 21% VAT. *** Includes a discount of 0.01 per Pin settlement as agreed in Nadere Overeenkomst II behorende bij het Convenant Betalingsverkeer July 2016 Version 2.3 8

9 Rabo PinBox: Hiring a payment terminal*** Fees including use of payment terminal and bundle per month* Rabo PinBox Compact Rabo PinBox Vast (wired) Rabo PinBox Mobiel (mobile) Budget (100 settlements) Basis (250 settlements) Plus (500 settlements) Excellent (1000 settlements) Additional pin settlements** * Excluding 21% VAT. ** Includes a discount of 0.01 per Pin settlement as agreed in Nadere Overeenkomst II behorende bij het Convenant Betalingsverkeer *** If the PinBox is not returned following the termination of the rental period then a charge will be incurred to cover the costs. This charge is dependent upon the type of PinBox rented: PinBox Compact ; PinBox Vast ; PinBox Mobiel Rabo SmartPin: pin receipts via your Smartphone Subscription * (incl. 1 card reader) monthly Rabo SmartPin settlement (Maestro/V PAY)** per settlement 0.15 Extra card reader monthly per unit Garantee card reader per unit * Excluding 21% VAT. ** The batch receipts via Maestro, V PAY and Rabo OmniKassa settlements are charged as Electronic transfer incoming Rabo PinTegoed: buy Pin settlement bundles in advance* 100 settlements per month settlements per month settlements per month settlements per month settlements per month Additional Pin settlements ** 0.05 * The batch receipts via Maestro, V PAY and Rabo OmniKassa settlements are charged as Electronic transfer incoming ** Includes a discount of 0.01 per Pin settlement as agreed in Nadere Overeenkomst II behorende bij het Convenant Betalingsverkeer July 2016 Version 2.3 9

10 Online payment products Rabo Omnikassa: ideal and other payment methods in one online checkout Subscription* Incl. 50 checkout settlements per month Payment method Per settlement or as percentage of the settlement amount** ideal 0.35 MasterCard 2,25% Visa 2,25% V PAY 1,50% Bancontact 1,50% Chargeback by webshop (excluding checkout settlement) no charge Chargeback by consumer Checkout settlement* Per settlement 0 50*** > * Excluding 21% VAT. ** The batch receipts via Maestro, V PAY and Rabo OmniKassa settlements are charged as Electronic transfer incoming ***including with subscription Rabo ideal Professional: ideal for your current online checkout Subscription* one-off monthly Incoming payment per settlement 0.40 * Excluding 21% VAT. 1 July 2016 Version

11 Cash withdrawals Cash withdrawals or cash deposits on your business account. Cash withdrawals Notes ATM withdrawal (banknotes) with Rabo WereldPas* 0.25 ATM withdrawal (banknotes) with Rabo Creditcard* 4.50 ATM withdrawal of foreign currency with Rabo WereldPas* % exchange rate mark-up ATM withdrawal of foreign currency with Rabo Creditcard* ,5% exchange rate mark-up BankNotes order via Rabo Internetbankieren (pro) per order 3.50 BankNotes order via your bank office per order 7.50 Coins Coins order via RIB (Pro) / Rabo TransAct per roll 0.30 Coins order via coin machine per roll 0.30 Coins order via your bank office per withdrawal per roll Coins delivered via secured transport per roll 0.25 * A foreign bank may charge for withdrawing cash from ATMs outside the Netherlands Cash deposits (euro and foreign currency) Cash deposits with seal bags Via seal bag machine pre-notified via internet* 2.50 Via seal bag machine without pre-notification via internet* 7.00 Fee per banknote via seal bag machine * To qualify a cash deposit as quality (sorted) deposit, the deposit must contain one seal bag and one correctly filled out Rabobank specification form inside the seal bag. The cash must be machine-countable. Deposits that do not qualify as a quality deposit are subject to a surcharge of 0.03 per note. Via cash deposit system inside the bank branch (coins and notes) Fee per deposit 3.75 Additional per banknote Additional per 100 coins 0.50 Third-party deposit July 2016 Version

12 Via security transport Quality deposit of banknote Coin deposit in seal bag* * When using a coin container, a fee of 9.20 per deposit applies. per deposit per note per deposit per 100 coins Other Order new seal bags 0.00 Deposit forms 0.00 Counting discrepancies 4.50 Payments with the Rabo WereldPas and CreditCard Transaction via payment terminal no charge 1 July 2016 Version

13 Payment transfers outside the Eurozone Payments outside the SEPA countries or in foreign currency Outgoing worldwide payments Worldwide payment SHA Worldwide payment OUR surcharge OUR Worldwide payment BEN (all costs carried by beneficiary) No charge Outgoing worldwide payment Special* To: Aruba, Bonaire, Curaçao, Saba, Sint Maarten, Sint Eustatius, Morocco, Turkey and Surinam Worldwide payment Special SHA 7.00 Worldwide payment Special OUR surcharge OUR * The tariff applies to electronic transfers, presented with BIC and without further instructions Surcharges Manual 5.00 Priority order Other instructions Supplement BIC OUR: 0.1% of the amount minimum maximum July 2016 Version

14 Incoming payments from outside the Eurozone Payments receipts from outside the SEPA countries or in foreign currency Incoming worldwide payments Worldwide payment (options SHA and BEN) Worldwide payment OUR no charge Surcharges Priority order Cheque receipts Cheque crediting (under usual reserve ) Cheque crediting (after collection)* Unpaid notification under usual reserve Unpaid notification 'after collection' Stop payment * Indicated tariff exclude foreign bank charges. 1 July 2016 Version

15 International Banking worldwide with Rabobank products Rabo International Cash Management (RICM) RICM Multibanking* Account opening ** one-off per account Account maintenance monthly per account 7.50 Available for companies who bank with Rabobank and use RCM to manage accounts held with a third party-bank Payment initiation (MT101) per order 0.50 Clearing balance per debit entry 7.50 Disbursement settlement per credit entry 5.00 Available for companies who use an electronic banking solution issued by a third party-bank to manage Rabobank accounts Clearing balance per credit entry 5.00 Disbursement settlement per debit entry 7.50 Send MT940 subscription (end of day)*** monthly per account Send MT942 subscription (intraday)*** monthly per account Sent MT942 per message 1.00 * Indicated tariffs exclude partner bank charges. ** Also applies to a UniCash account ICM. *** Max 1,000 transactions per month. In case of larger volumes, a tailor-made fee applies. RICM Overlay Banking (BofA) Account opening one-off per account Account maintenance monthly per account Lockbox maintenance monthly per lockbox Overlay Banking Subscription monthly Credit entry EUR per credit entry 4.00 Credit entry FCY per credit entry 4.00 Cash Pooling Cash Concentration Cash Concentration opening one-off per structure on request Target Balancing Target Balancing Domestic monthly* per account Target Balancing Rabo Network monthly* per account Target Balancing Multi Bank** monthly* per account July 2016 Version

16 Zero Balancing Zero Balancing monthly* per account Zero Balancing with Balances set-off: Zero Balancing monthly* per account Balances set-off monthly per account Zero Balancing with Target Balancing Domestic monthly* per account Domestic Cash Concentration subscription (=Intra Rabo Cash Concentration) monthly per account 10,00 Notional Pooling Notional Pooling opening one-off per structure on request Notional Pooling subscription monthly* per account * with the exception of the master account ** Indicated tariffs exclude third party-bank charges. 1 July 2016 Version

17 Documentary Payments Documentary collections: import and export Issuance: - Via Rabo Trade Access By written order of instruction on paper Amendments: - Via Rabo Trade Access By written order of instruction on paper Options for documentary collections Direct Collection Partial payment Sending an extra tracer Discounting of a bill of exchange* Guarantee on a bill of exchange ** Protest of a bill of exchange * In case of discounting of a bill of exchange, a commission is applicable, of which you will be informed beforehand. ** Guarantee commission also applies to an avalised bill of exchange of an import collection. Communication and other costs Postal, courier and/or communication charges Release of goods Urgency surcharge Support and advice per hour Inquiry fee status information and/or additional acts Letters of Credit: import and export Issuance or advice: - Via Rabo Trade Access By written order of instruction on paper Amendments: - Via Rabo Trade Access By written order of instruction on paper Examination of documents (per set of documents) ,15% 1 July 2016 Version

18 Options for Letters of Credit L/C transfer (per Letter of Credit excl. examination of documents) min ,15% Discounting Bills of exchange * Commissions** - Letter of Credit commission from Acceptance/deferred payment commission from Confirmation commission from Pre-checking of documents *** * In case of discounting of a bill of exchange, a commission is applicable, of which you will be informed beforehand. ** Commissions are calculated on a daily basis using a percentage of the document s amount. The commission depends on the settlement amount and the credit and country risks. When multiple commissions are applicable, the minimum amount of 100 applies only once. *** Excluding 21% VAT. Communication and other costs Postal, courier and/or communication charges Release of goods Urgency surcharge Support and advice per hour Inquiry fee status information and/or additional acts Bank guarantees Bank guarantees and stand-by Letters of Credit Advising fee Amendments Outgoing bank guarantees and stand-by Letters of Credit Issuance & amendments: - standard bank guarantees via Rabo Trade Access* tailor-made bank guarantees via Rabo Trade Access standard bank guarantees via Rabobank.nl or in writing* tailor-made bank guarantees in writing Bank guarantee commissions:**: - standard bank guarantees against limit restriction - standard bank guarantees against cash collateral - other bank guarantees from * Standard texts for international bank guarantees can be found on rabobank.nl ** Fixed percentage of the guarantee amount, unless otherwise agreed.. Commissions are calculated on a daily basis using a percentage of the document s amount. 1,5% 1,0% July 2016 Version

19 Options for Bank Guarantees and stand-by Letters of Credit Draft customised text Claim handling* Takeover Commissions - Takeover commission** from * For any extra work, the support fee will apply additionally. ** Fixed percentage of the guarantee amount, unless otherwise agreed.commissions are calculated on a daily basis using a percentage of the document s amount. The commission depends on the settlement amount and the credit and country risks. Communication and other costs Postal, courier and/or communication charges Urgency surcharge Support and advice per hour Inquiry fee status information and/or additional acts Bank declarations Bank declaration* Issuance 75,00 Standard bank declaration** mandatory sections (questions 1 upto and incl. 3) 60,00 optional sections (questions 4 upto and incl. 8) per hour 80,00 (with a minimum of 60,00) * In case an (existing or future) business relation requires information regarding your banking relationship with Rabobank (for example in connection with the tendering of work or project) you can make use of the bank declaration. ** If an accountant is compiling your annual report then they will require an overview of all your banking products. This overview can include current-, savings- or investment accounts that you hold with Rabobank but also loan facilities and lodged assets/collateral. In this case you require a standard bank declaration. Each standard bank declaration comprises the same sections. These are defined in cooperation with the NIVRA (Dutch professional accountants association). The content of these sections is for each company comprised individually. Foreign Exchange Settlements* Cash foreign exchange settlement** Forward exchange settlement Valuta swap settlement * Besides a settlement fee, a margin on the exchange rate will apply. ** Spot transaction also includes Today and Tomorrow foreign currency transactions. online by telephone online by telephone online by telephone July 2016 Version

20 1 July 2016 Version