BUSINESS MEMBERSHIP · USD 100 PER MONTH
The entry point into a treasury relationship.
For approved businesses starting to move real volume across borders. Every one of the five Local Business Account capabilities is available, the FX margin is published rather than negotiated per payment, and the desk is shared rather than named.
MONTHLYUSD 100
ANNUALUSD 1,000 · TWO MONTHS INCLUDED
CORE FX MARGIN0.50%
AED FX MARGIN0.50%
TREASURY SUPPORTSHARED DESK
SUGGESTED FOR USD 250,000 TO 800,000 A YEAR. THE BAND IS GUIDANCE, NOT A RESTRICTION.
What Business Membership includes.
SAME ACCOUNTS, SAME RAILS, SAME PROOF AS EVERY MEMBERSHIPThe five accountsGBP, EUR, USD, AED and CAD capabilities, issued in your business name where approved.INCLUDED
Local railsFaster Payments, CHAPS, SEPA, SEPA Instant, ACH, Fedwire, UAEFTS, IPP, EFT and wire.INCLUDED
USD SWIFT reachPayment reach to 180+ countries, settling 1 to 3 days. Reach, not a sixth account.INCLUDED
Pre agreed FX margin0.50% on core pairs, agreed before you instruct and booked with a deal reference.0.50%
Payment evidenceMT103 or rail reference on every settled payment, on request without a ticket queue.INCLUDED
Treasury deskShared desk for traces, amendments, recalls and compliance information requests.SHARED
Named specialistA single person who owns your exceptions end to end. Available on Treasury.NOT INCLUDED
WHO CHOOSES BUSINESS MEMBERSHIP
IMPORTERSettling a handful of supplier invoices each monthRecurring payments where the deduction and the proof matter more than the last basis point.
EXPORTERCollecting from customers in one or two marketsLocal receipts that reconcile against your references without chasing the payer.
FIRST YEARGrowing into cross border volumeThe lowest fixed commitment while the flow is still building. Move up when the volume says so.
Business Membership at your volume.
SUGGESTED BAND · USD 250K TO 800K A YEARANNUAL VOLUMEUSD 600,000
USD 100KUSD 100M
BUSINESS MEMBERSHIPLOWEST MODELLED COST
USD 4,480Membership, annualUSD 1,000
FX charge at 0.50%USD 3,000
Incoming movementsUSD 150
Local rail payoutsUSD 225
USD SWIFT payoutsUSD 105
COMPARED WITH
BUSINESS PLUSCORE FX 0.25%
USD 4,980TREASURYCORE FX 0.10%
USD 6,080Business Membership produces the lowest modelled cost at this volume. This is the one we would recommend.
Choose BusinessFEE SCHEDULE
Membership, monthlyUSD 100Billed monthly in your funding currency.
Membership, annualUSD 1,000Ten months paid in advance. Two months included.
Core FX marginFROM 0.50%GBP, EUR, USD and CAD. Pre agreed and applied at conversion.
AED FX marginFROM 0.50%Reflects the AED rail and its documentation requirements.
GBP movementsGREATER OF GBP 5 OR 0.05%Per movement, incoming or outgoing, on Faster Payments and CHAPS.
EUR movementsGREATER OF EUR 5 OR 0.05%Per movement on SEPA and SEPA Instant.
USD movementsGREATER OF USD 35 OR 0.05%Per movement on ACH and Fedwire.
AED movementsGREATER OF AED 20 OR 0.08%Per movement on UAEFTS and IPP.
USD SWIFT movementsGREATER OF USD 35 OR 0.05%Reach to 180+ countries, settling 1 to 3 days.
CAD paymentsAT COSTPassed through with no uplift until the provider schedule is confirmed.
Recalls, investigations and returnsAT COSTTold to you before they are incurred, with no uplift added.
SWITCHING AND RENEWAL
UPGRADEApplies from the next billing period. Unused months on an annual term are credited against the new invoice.
DOWNGRADEApplies at the end of the current paid period. Annual membership is not refunded early.
REVIEW TRIGGERA material change in volume, corridors, pairs or risk profile, and at each renewal.
WHO DECIDESMembership choice is yours. Account capability and transaction approval remain ours.
BUSINESS MEMBERSHIP QUESTIONS
No. All five Local Business Account capabilities are available on every membership, subject to approval. What changes is the core FX margin and whether the desk is shared or named.
Start on Business. Move up when the volume says so.
Membership choice is yours. Account capabilities, currency pairs and transaction pricing remain subject to approval.