Higher-risk client account fees.
Fees for clients that require enhanced due diligence, for Olympus Pay Limited, in pounds sterling. Which clients this covers is set out in the restricted businesses policy.
These fees apply to the Olympus UK service. Source: Olympus higher-risk client fees.
Clients and account maintenance.
| Service | Fee (£) |
|---|---|
| Account opening application review | 850.00 |
| Assistance in account opening (collection of documents, physical assistance, filing) | 990.00 |
| Account confirmation / balance reference | 50.00 |
| Closed account statement reference fee | 50.00 |
| Auditor confirmation package | 499.00 |
| Post services fee surcharge | 30.00 |
| Account maintenance (per month) | 1,490.00 |
| Dedicated manager / VIP service | 1,000.00 |
| Account termination due to violation of Terms | 1,990.00 |
| Holding funds post-termination (per month) | 5% (min 500.00) |
| Enhanced Due Diligence on a Client’s customer | Free |
Card operations.
| Service | Fee (£) |
|---|---|
| Plastic card issuance/replacement (regular UK and EU post delivery) | 15.00 |
| Virtual card issuance/replacement | 1.00 |
| Express card shipping and handling (UK and EU) | 70.00 |
| Card service monthly fee with SMS transaction alerts | 5.00 |
| Reclamation/reclamation representment processing fee | 50.00 |
| Funds loading | 9.99 |
| Currency mark-up | 0.00% |
Transactions.
| Transaction type | Fee (£) |
|---|---|
| Incoming SEPA payment | 0.41% + 4.99 |
| Outgoing SEPA payment | 0.24% + 9.99 |
| Incoming payment within the UK (FPS) | 0.41% + 9.99 |
| Outgoing payment within the UK (FPS) | 0.24% + 9.99 |
| Incoming international payment | 0.41% + 26.40 |
| Outgoing international payment (SHA: SWIFT/CHAPS/Target2) | 0.24% + 26.40 |
| Additional fee for (OUR) transactions | 75.00 |
| Incoming internal transfer | 0.41% |
| Outgoing internal transfer | 0.24% |
| Instant outgoing SEPA payment | 0.24% + 26.40 |
| Direct Debit | 0.24% + 9.99 |
| Failed Direct Debit | 29.99 |
| Payment investigations / change of details | 49.00 |
| High-value transaction fee | 1.00% |
| Rejected incoming payment fee | 50.00 |
Fees are region based and can change on at least 30 days’ written notice. Applicable fees are shown before you confirm a transaction. Questions: compliance@olympuspay.co.