We make it easier for Small to Medium-sized Enterprises (SMEs) to understand banking fees and FX charges.

Small to Medium-sized Enterprises (SMEs) may find it difficult to identify the precise nature and breakdown of charges. We take a different approach. We believe in complete transparency and disclosure of our fees. We always let you know what you are paying and why.

Please select the pricing band that represents your business.

Note: All fees and charges are for GBP accounts only. Other currencies are subject to currency type and therefore may vary from those below.

Projected to generate
Less than £25,000
gross income per annum


View rates and charges

Projected to generate
1st year tariff & between
£25-£50,000
gross income per annum

View rates and charges

Projected to generate
More than £50,000
gross income per annum


View rates and charges
Overdrafts (OD) & Same Day Exposures (SDE)
6.00% ABR min £250
OD & SDE set up and renewal fee (max limit £5,000)
1.00% min £250
Short Term Loans
POA6
Loan set up and renewal fee (max limit £15,000)
1.00% min £250
Overdrafts (OD) & Same Day Exposures (SDE)
5.00% ABR3
OD & SDE set up and renewal fee (max limit £5,000)
1.00% min £250
Short Term Loans
POA6
Loan set up and renewal fee (max limit £15,000)
1.00% min £250
Overdrafts (OD) & Same Day Exposures (SDE)
4.75% ABR3
Set up and renewal fee; Overdraft & Same Day Exposure Limits; Max £5,000
1.00% min £250
OD & SDE set up and renewal fee (max limit £5,000)
POA6
Loan set up and renewal fee (max limit £15,000)
1.00% min £250

Rates and tariffs - notes:

1: Your Relationship Manager can discuss with you how the pricing bands are applied. Gross income means income earned by BFC Bank across all products.
2: NIL, if cross currency notional pooling is taken.
3: ABR3 means Above Base Rate (Bank of England’s current base rate will be added to the given rate).
4: Base Rate is the interest rate set by the Bank of England (Central Bank).
5: Standing Order payments are charged according to payment types.
6: POA means Price on application.

BFC Bank does not offer BACS, Direct Debit or Cheque payment services. PDF download - additional charges sheet

This price guide and all rates quoted are subject to currency type and may change without notice at the sole discretion of BFC Bank.

Charges for International Outward Payments are described as follows:

SHA Charges are applied on a Shared basis. The remitter will pay the remitting banks charges and the beneficiary will pay any of the beneficiary banks charges.

BEN All the charges, the remitting banks charges and the beneficiary banks charges, are paid by the beneficiary.

OUR All the charges, the remitting bank charges and the beneficiary bank charges, are paid by the remitter.

The prices shown for International Payments are on a SHA basis. However please note that on occasion we will use Local Clearing and in such circumstances and, at our discretion the payment will be sent on a BEN basis. If you wish to send an International Outward Payment with the charges other than on a SHA basis then please speak to your Relationship Manager.

We know it is important for Payment Service Providers (PSPs) to access UK domestic payment and cash management services.

Fewer banks provide current accounts and services to PSPs. Even if they do, significant foreign exchange charges are also a burden for you. At BFC Bank, we take a refreshingly different approach.

Please select the pricing band that represents your business.

Note: All fees and charges are for GBP accounts only. Other currencies are subject to currency type and therefore may vary from those below.

Projected to generate
Less than £25,000
gross income per annum


View rates and charges

Projected to generate
1st year tariff & between
£25-£50,000
gross income per annum

View rates and charges

Projected to generate
More than £50,000
gross income per annum


View rates and charges
Current Account
£100 per month after first 12 months2
Multi-Currency Pooling Accounts Set up Fee
NIL
Annual Charge to maintain a cross Currency Pooling Arrangement
Year 1 - Nil Charge, Year 2 - £175 per month per customer
Debit balances that are set off interest paid
5.00% ABR3
Credit balances that are set off interest received
BASE RATE4 -0.25%
Term deposits interest received
POA6
UK Domestic Payments (received and paid)
30p each
Standing orders: set up for fee5
NIL
CHAPS
£25
International Outward Payments
£12 per payment
International Inward Payments
NIL
Margin added to cross currency conversions transfers between different currency accounts and inward and outward payments
60 basis points
Single Euro Payment Area Payments (SEPA)
£2
Overdrafts (OD) & Same Day Exposures (SDE)
6.00% ABR3
Set up and renewal fee; overdraft & Same Day Exposures Limit Max £5,000
1.00% min £250
OD & SDE set up and renewal fee (max limit £5,000)
POA6
Loan set up and renewal fee (max £15,000)
1.00% min £250
Cash collection - supply and purchase of bank notes
POA6
Pick up/collection at BFC cost
POA6
Compliance Charge per month
£5007
Current Account
NIL
Multi-Currency Pooling Accounts Set up Fee
NIL
Annual Charge to maintain a cross Currency Pooling Arrangement
1st year = NIL, then £50 per month
Debit balances that are set off interest paid
4.25% ABR3
Credit balances that are set off interest received
BASE RATE4 -0.25%
Term deposits interest received
POA6
UK Domestic Payments (received and paid)
20p each
Standing orders: set up for fee5
NIL
CHAPS
£23
International Outward Payments
£8 per payment
International Inward Payments
NIL
Margin added to cross currency conversions transfers between different currency accounts and inward and outward payments
45 basis points
Single Euro Payment Area Payments (SEPA)
£1.50
Overdrafts (OD) & Same Day Exposures (SDE)
5.00% ABR3
Set up and renewal fee; overdraft & Same Day Exposures Limit Max £5,000
1.00% min £250
OD & SDE set up and renewal fee (max limit £5,000)
POA6
Loan set up and renewal fee (max £15,000)
1.00% min £250
Cash collection - supply and purchase of bank notes
POA6
Pick up/collection at BFC cost
POA6
Compliance Charge per month
£5007
Current Account
NIL
Multi-Currency Pooling Accounts Set up Fee
NIL
Annual Charge to maintain a cross Currency Pooling Arrangement
NIL
Debit balances that are set off interest paid
3.75% ABR3
Credit balances that are set off interest received
BASE RATE4 -0.25%
Term deposits interest received
POA6
UK Domestic Payments (received and paid)
15p each
Standing orders: set up for fee5
NIL
CHAPS
£21
International Outward Payments
£6 per payment
International Inward Payments
NIL
Margin added to cross currency conversions transfers between different currency accounts and inward and outward payments
30 basis points
Single Euro Payment Area Payments (SEPA)
£1
Overdrafts (OD) & Same Day Exposures (SDE)
4.75% ABR3
Set up and renewal fee; overdraft & Same Day Exposures Limit Max £5,000
1.00% min £250
OD & SDE set up and renewal fee (max limit £5,000)
POA6
Set up and renewal fee; Max £15,000
1.00% min £250
Cash collection - supply and purchase of bank notes
POA6
Pick up/collection at BFC cost
POA6
Compliance Charge per month
£5007

Rates and tariffs - notes:

1: Your Relationship Manager can discuss with you how the pricing bands are applied. Gross income means income earned by BFC Bank across all products.
2: NIL, if cross currency notional pooling is taken.
3: ABR3 means Above Base Rate (Bank of England’s current base rate will be added to the given rate).
4: Base Rate is the interest rate set by the Bank of England (Central Bank).
5: Standing Order payments are charged according to payment types.
6: POA means Price on application.
7: This is our monthly minimum charge. Prices may vary depending on the extent of the compliance and risk checks undertaken.

BFC Bank does not offer BACS, Direct Debit or Cheque payment services. PDF download - additional charges sheet

This price guide and all rates quoted are subject to currency type and may change without notice at the sole discretion of BFC Bank.


Charges for International Outward Payments are described as follows:

SHA Charges are applied on a Shared basis. The remitter will pay the remitting banks charges and the beneficiary will pay any of the beneficiary banks charges.

BEN All the charges, the remitting banks charges and the beneficiary banks charges, are paid by the beneficiary.

OUR All the charges, the remitting bank charges and the beneficiary bank charges, are paid by the remitter.

The prices shown for International Payments are on a SHA basis. However please note that on occasion we will use Local Clearing and in such circumstances and, at our discretion the payment will be sent on a BEN basis. If you wish to send an International Outward Payment with the charges other than on a SHA basis then please speak to your Relationship Manager.

Transparent fees - clarity at last for SMEs

We make it easier for Small to Medium-sized Enterprises (SMEs) to understand banking fees and foreign exchange charges. SMEs may find it difficult to identify the precise nature and breakdown of charges. We take a different approach. We believe in complete transparency and disclosure of our fees.

Read more >>

Cost-effective services for PSPs

We make it clear to Payment Service Providers (PSPs) how our banking fees and Foreign Exchange (FX) charges are calculated. We believe in complete transparency and disclosure of our fees. We always let you know what you pay for.

Read more >>