Official Schedule
Fees and Charges
Account Services
| Service | Fee |
|---|---|
| Bank Account Opening | $/€ 25,000 |
| Personal Account Minimum Required Balance | $/€ 5,000 |
| Business/Corporate Account Minimum Required Balance | $/€ 10,000 |
| Numbered Bank Account Opening | € 50,000 |
| Numbered Bank Account Minimum Opening Deposit | € 500,000 |
| Numbered Bank Account Monthly Fee | $/€ 100 |
| Savings Bank Account Monthly Fee | $/€ 40 |
| Cryptocurrency Bank Account Monthly Fee | Free |
Account opening fees are separate from minimum balance and opening deposit requirements and do not count toward the required account balance or opening deposit.
Transfers and Payments
| Service | Fee |
|---|---|
| External Transfers | |
| Incoming SWIFT or IBAN Wire Transfer | 1% (minimum $/€ 100) |
| Outgoing SWIFT or IBAN Wire Transfer | 1% + applicable SWIFT/SEPA charges (minimum $/€ 100) |
| Incoming Cryptocurrency Transfer | 1% |
| Outgoing Cryptocurrency Transfer | 1% + applicable blockchain cost |
| Incoming / Outgoing KTT (E-Telex) Transaction Applies to eligible incoming or outgoing KTT transactions involving funds or financial instruments. | 1.5% of the face value of the transaction |
| Internal and Conversion Transfers | |
| Prominence Bank Internal Transfer | 0.2% |
| Currency Conversion Fee | 4% of the converted transaction amount |
| Incoming Cryptocurrency to Fiat Savings Account Applies where a client sends cryptocurrency to a regular fiat savings account without maintaining a dedicated cryptocurrency account. | 2% of the incoming transfer amount |
| Internal Cryptocurrency Transfer: Cryptocurrency to Fiat Savings Account | 10% |
| Internal Cryptocurrency Transfer: Cryptocurrency to Cryptocurrency Account | 1% |
| Other Payment Services | |
| Check Clearing | 2% of the check face value |
| Cash Withdrawal and Delivery | 10% |
| Cash Deposit & Banking Service Physical cash accepted for deposit and banking into the client’s account, subject to satisfactory source-of-funds documentation, ownership verification, KYC/AML, sanctions screening, cash verification, compliance approval and operational acceptance. | 10% of the accepted cash deposit amount |
| Bank Draft | 1.5% of the bank draft face value |
| Lease Bank Draft for Credit Enhancement | 6% |
Documents and Verification
| Service | Fee |
|---|---|
| Reference Letter / Comfort Letter | € 25,000 |
| Proof of Funds (POF) | € 25,000 |
| Safekeeping Receipt (SKR) / Custody Service | € 25,000 for the custody account + 2%* |
| Bank Endorsement | 1.5% |
| SWIFT Message / Instrument Sending Sending, confirmation, transmission or delivery of eligible banking messages or financial instruments through SWIFT. This service is separate from standard SWIFT or IBAN wire transfers. | 2% of the face value of the message or instrument* |
| KTT E-Telex Message / Response Includes supported RWA communications, acknowledgements, tests, MT799-related responses, confirmations, cancellations and other approved KTT messages requested by the client. This optional messaging service is separate from the 1.5% KTT transaction fee. | $/€ 25,000 per message |
Bank Instruments
| Service | Fee |
|---|---|
| Bank Guarantee (BG) | 4% |
| Bank Guarantee (BG) for Credit Enhancement | $/€ 100,000 + 4%* |
| Standby Letter of Credit (SBLC) | 4% |
| Standby Letter of Credit (SBLC) for Credit Enhancement | $/€ 100,000 + 4%* |
| Bond / MTN Structuring | € 500,000 + applicable request-specific charges* |
Enhanced Due Diligence (EDD)
| EDD Level / Scope | Fee |
|---|---|
| Enhanced Due Diligence – EDD Level 1 (Enhanced Standard) Document verification + expanded screening + basic validations Examples: Standard payment, merchant-processing and transaction-verification workflows where enhanced review is required. | € 5,000 |
| Enhanced Due Diligence – EDD Level 2 (Advanced) Technical and operational validations + enhanced confirmations Examples: Specialized payment, settlement, digital-currency, card-network and ledger-based transaction workflows requiring enhanced validation. | € 10,000 |
| Enhanced Due Diligence – EDD Level 3 (Critical / Complex) Deep-dive analysis + multiple validations + formal findings report Examples: High-risk, high-value or infrastructure-related transaction workflows requiring enhanced technical, operational and compliance review. | € 15,000 |