Cash Management

We serve both the corporate and private individuals with our remittance services, if you want to remit several currencies to other accounts, banks or overseas, we are able to help. We offer fast, efficient and effective fund transfer and payment facilities. To allow you to carry out your business or your life worry-free.

Benefits:

  • Simple procedure, quick processing.
  • Reasonable and competitive cost.
  • Easy to use website.

Cash Management Services that we offer:

  • EUR Transfers within DNBC Financial Group system

    EUR Transfers within DNBC Financial Group system

  • EUR Transfers within Europe (Using SEPA system)

    EUR Transfers within Europe (Using SEPA system)

  • Multi-currency Transfer around the World (With SWIFT System)

    Multi-currency Transfer around the World (With SWIFT System)

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Step 1
Log in to your DNBC Financial Group account

Log in to your DNBC Financial Group account

In order to use our remittance service, you need to log in to your DNBC Financial Group personal or corporate...

Step 2
Exchange currencies if needed

Exchange currencies if needed

Depending on which currency you want to transfer to your recipient, you can use our exchange...

Step 3
Perform transfer cheaper. We deliver!

Perform transfer cheaper. We deliver!

Enter the details of your recipient’s bank. Depending on the country you are transferring...

SEPA Money Тransfers

SEPA Money Тransfers

Save on transfer fees and wire money within SEPA at some of the best rates on the market.

SWIFT Global Transfers

Global Transfers

A solution to send and receive global transfer with reasonable fees

Foreign Exchange

Foreign Exchange

Transfer balances between currencies instantly and at competitive rates.

Transfers between own accounts

Transfers between own accounts

Open accounts for specific purposes and move funds between at any time.

Mass payments

Mass payments

Make efficient payments to multiple recipients in a single click.

FREE Transfers between users

CHEAP Transfers between users

Send money instantly to other DNBC Financial Group account holders using only their email address or mobile number.

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Cash Management Service Fees

* Effective from Jan 17th, 2022

CORPORATE ACCOUNT FEES

Currency: EUR

ACCOUNT SERVICE
Account opening fee Free of charge Free of charge
Monthly Maintenance Fee

Standard Package: 19 EUR ELITE Package (1): 9 EUR Premium Package(6): 0 EUR

99 EUR
Internet Banking, Mobile Banking Sign up and Monthly fee subscription Free of charge Free of charge
INCOMING TRANSACTION
Incoming payments from another DNBC Account Free of charge Free of charge
SEPA incoming 5 EUR 5 EUR
SWIFT incoming (SHA/BEN/OUR) 0.2% - min 10 EUR 0.2% - min 10 EUR
OUTGOING TRANSACTION
Outgoing to another DNBC account Free of charge Free of charge
SEPA Urgent D+1(2) 0.25%(3) + 25 EUR 0.25%(3) + 25 EUR
SEPA Express D(2) 0.25%(3) + 50 EUR 0.25%(3) + 50 EUR
SWIFT Outgoing (SHA/BEN) 0.3% + 50 EUR 0.35% + 50 EUR
SWIFT Outgoing (OUR)

0.3% + 50 EUR + correspondent bank fee (if any)

0.35% + 50 EUR + correspondent bank fee (if any)

Payment cancellation, modification, refund (SEPA) 10 EUR 10 EUR
Payment cancellation, modification, refund (SWIFT) 55 EUR 55 EUR
EXTRA FEE
Investigation Fee (SWIFT) 75 EUR
Recall Fee (SWIFT) 75 EUR
Due diligence fee on large amount payment (4) / complex transaction 0.05% - max 200 EUR 0.05% - max 200 EUR
Fee for handling funds on an account (annual rate)(5) 1% over 100,000 EUR 1% over 100,000 EUR

Note:

  1. Elite Package is the package of a payment account and a payment card opened at the same time. More information could be found at our https://www.dnbcf.com/elite-package
  2. D – current working date, Lithuania time zone, 08:30 AM – 10:00AM (cut-off time at 10:00 AM).
    D+1 – value date on the following working day, Lithuania time zone.
  3. 0.25% of the total amount of transactions.
    Maximum transaction fee capped at 175 EUR for Urgent D+1. Express D will be charged an additional amount of 25 EUR depending on your request.
  4. Applicable with a transaction amount over 50,000 EUR.
    This service charge is an extra fee for large transactions to check documents and scan KYC compliance. The processing fee is still fixed following the information on the above table.
  5. Applicable with a current balance of over 100,000 EUR for more than 7 days in a row. It is collected monthly and calculated based on the total number of consecutive days for which the client maintains this current balance (current balance * number of days * 1%/365)
  6. Monthly Maintenance Fee is free of charge for personal account clients who make transactions per month (exchanged to EUR) from 30,000 EUR or more via SWIFT Transfer. If the monthly transaction does not meet the above conditions, the monthly maintenance fee will be applied for the Standard Fee (19 EUR), regardless of customers who have signed up for Standard/ Elite Package . Client is required to sign a form of changing his/her current package to upgrade to Premium Package. More information could be found at https://www.dnbcf.com/premium-package.
  7. Standard Package and Elite Package are easy for upgrading to Premium Package as long as the client satisfies the requirement at (6).
  8. Register a new account with Premium package, the monthly maintenance fee will be 0 EUR within 2 months (the subscription month and the next month). In the following months, if the client does not meet the requirement 6 mentioned above, the monthly maintenance fee will be applied for the standard package (19 EUR).
  9. With a current account upgrade from Standard/ Elite to Premium, in the following months, if the client does not meet the requirement 6 mentioned above, the monthly maintenance fee will be applied for the standard package (19 EUR).

OTHER SERVICES RENDERED

Account, Statement & Notification
DNBC Financial Group account statement 10 EUR Hard copy. Free when download via DNBCnet
Balance Certificate for a specific account 20 EUR  
DNBC Financial Group current account reference letter 50 EUR  
Express courier original copy 60 EUR To client address worldwide: DHL/FedEx
Fee for copy of SWIFT transfer 55 EUR  
SMS notification about account transactions 0.2 EUR Per message
Email notification about account transactions Free of charge  
Account closure
Closing the Personal or Corporate account after one year Free of charge  
Closing the Personal account within 12 months 200 EUR  
Closing the Corporate account within 12 months 1000 EUR  

Note: Please take note that the provided information about SWIFT Transfer above is for informational purposes. Currently, we have indirect relationships to perform any international SWIFT transfer and incorporated with several correspondent/intermediary banks that support our clients in making international money transfers/receive via SWIFT Transfer. All SWIFT trademarks are owned by S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. DNBC is only responsible for managing and supporting our clients to send payments as well as make transactions via DNBCnet.

Information updated as of Jan 17th, 2022. The fees and charges are subject to change from time to time.

Why Choose Us?

Low cost

Low cost

  • Our low fees and exchange rates are shown upfront.
  • Remittance cost cut down up to 90%.
  • Know the exact amount your recipient will get as you set up your transfer.
Fast

Fast

  • Really fast delivery.
  • Keep up to date with the progress of your transaction online, 24/7.
  • Status update with SMS text.
Reliably secured and trusted

Secure and trusted

  • Licensed money service operator.
  • Trusted globally. Our office in Lithuania and provide services over 132 countries.
  • SSL/TLS encryption and cloud data.
Simple & Convenient

Simple & Convenient

  • 24/7 easy to use service, no more agents to visit and we’re here to help around the clock.
  • No more cash, no more queuing.
  • Available on mobile, tablet, and PC.

Cash Management - Frequently asked questions

1. How fast and convenient are money transfers within DNBC Financial Group if I use corporate current account?

No matter wherever you are and whatever currency you transfer as well as whether you are using a personal account or a corporate account, all transfers between all DNBC Financial Group (DNBC) clients are free and unlimited in all currencies supported by DNBC.

There are a few things that you need in order to transfer funds to the right recipient. First of all, you and the one you transfer to would need either a personal current account or corporate current account with DNBC. Secondly, you need to login to your online banking on our website (DNBCnet) or our DNBC mobile transfer app and choose the option to transfer money international within the DNBC network and input your receiver account number for the transfer and the amount you want to transfer and that’s it, now you only need to wait for the money to be credited to your account or to your recipient’s account, this will normally take a few seconds.

2. What is SWIFT?

SWIFT - Society for Worldwide Interbank Financial Telecommunication.

Transaction orders are transmitted between members of this network.

Each member is identified with a unique SWIFT/ BIC code.

To this day, SWIFT is the biggest and most efficient tool for international money transfer, with over 11.000 member institutions in over 200 countries, sending over 5 billions financial messages globally every year.

3. Does DNBC Financial Group offer international cash management services in term of global transfers?

At DNBC, we offer a very competitive fee for transferring funds within the DNBC network as well as to other banks across the globe. We don’t define international transferring as a different kind of transferring so you would not be charged extra for transferring money internationally compared to normal transferring outside of the DNBC network. In addition to that, DNBC also provides customers with international cash management services as an extension for our current account. These services would ensure that our customers could manage their transactions effortlessly and also to make sure the transactions would reach the destination.

Another inherent part of international transfer is exchange rate, we offer the best possible exchange rate for your transaction, better exchange rate would be applied to your transfer the larger the fund transferred is. If you have registered a multi-currency account with us, you would be able to send and receive money in any foreign currency you want without the need to exchange. The only restriction is that the foreign currency of your choosing must be in our list of supporting currencies so please contact our relationship manager to find out more about which currencies we support. 

4. What does SWIFT code represent?

SWIFT works by assigning each member institution a unique ID code that identifies the bank name, country, city, and branch.

For example DNBC Financial Group BIC code is: DSFE LT 21 XXX

  • The first 4 characters represent our institution (DSFE - DNBC Financial Group).
  • The 2 following characters represent the country we are based in (LT - Lithuania).
  • The other 2 following characters might be used to represent the location/city or a combination of numbers based on the organization's liking.
  • There might be an additional 3 characters, which are the institution’s branches.
5. How quickest way to send money overseas with DNBC Financial Group?

As DNBC Financial Group offers both SWIFT and SEPA transfer, the processing time may vary from one transaction to another, depending on the type of wire transfer international you choose, the country and the bank of your beneficiary.

SEPA transfer would normally takes 2 business days to complete. However, you are provided with an option to transfer your funds in the instructing day or the following day respectively. Please refer to the links below for more details:

SWIFT transfer would normally takes 2-5 business days to complete, depending on your beneficiary's bank's relationship with DNBC Financial Group and our correspondent banks.

6. What are the differences between SWIFT and SEPA?

 

Difference between SEPA and SWIFT:

 

Network 28 + 3 EU/EEA countries. 170 countries and territories.
Currency EURO. Multiple currencies.
Transaction time 01-02 business days. 02-05 business days.
Or more depending on the relationship between the two payment institutions.
Transaction limit

10,000 EUR/day for a personal account.

50,000 EUR/day for a corporate account.

Note:
This is the default limit when establishing your account.
The limit can be increased upto 200,000 EUR for personal account and 500,000 EUR for corporate account..
Contact +65 6572 8885 for transaction limit update.
Transfer fees Cheaper for transfer within the EU/EEA region. Depends on the fees of the correspondent banks involved.

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About Us

We are always proud of being an experienced Financial Institution in the global financial payment market.

We provide the Best International Money Transfer Services. DNBC Financial Group can assist you with different payment methods, whether it is a personal account or a business account.