Hotline dhujhd Customer Services: +65 6572 8885

Personal Account Fees

Euro currency FREE

DNBC Financial Group Personal account opening fee

Euro currency FREE

Multi-currency current account opening fee

 

Euro currency FREE

Internet banking for Personal (sign up + monthly fee)

Euro currency 19

Monthly maintenance fee

* Effective from Aug 15th, 2022

PERSONAL CURRENT ACCOUNTS FEES and CHARGES
ACCOUNT SERVICE
Account opening fee Free of charge
Monthly Maintenance Fee 25 EUR 12 EUR 0 EUR
Internet Banking, Mobile Banking
Sign up and Monthly fee subscription
Free of charge
INCOMING TRANSACTION
Incoming payments from another DSBC Account Free of charge
SEPA incoming 5 EUR
SWIFT incoming (SHA/BEN/OUR) 0.2% - min 10 EUR
OUTGOING TRANSACTION
Outgoing to another DSBC account Free of charge
SEPA Urgent D+1(2) 0.25%(3) + 25 EUR
SEPA Express D(2) 0.25% + 50 EUR
SWIFT Outgoing (SHA/BEN) 0.3% + 50 EUR
SWIFT Outgoing (OUR) 0.3% + 50 EUR
+ correspondent bank fee (if any)
Payment cancellation, modification, refund 75 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
Fee for handling funds on an account (annual rate)(5) 2.5%

 

Notes:

  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. The negative interest is calculated at the end of each day.
    The negative interest is debited at the end of each month for the period of the previous month and debited directly from the respective account.
    The negative interest is currently 2.5% per annual. The calculation for each month is 1/12th of the interest rate.
  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 Packagecan are easy for upgrading to Premium Package as long as client account balance 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
Account statement request 10 EUR Fee for hard copy.
PDF is free when downloading via DSBCnet
Balance Certificate for a specific account 20 EUR  
Current account reference letter request 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 August 2022. The fees and charges are subject to change from time to time.

FAQs

1. How can I open a personal current account online?

You can easily open a personal current account with DNBC in a matter of seconds and at no additional cost by filling out our application form on our website. This can be found either on the personal account features tab or on the top right corner of our website. We will then contact you to complete the identification process and you will be able to use all of DNBC Financial Canada Limited's benefits right after the 1st deposit of (or $) C$500 is made.

After the process of opening an account is done, you would gain many benefits of being a DNBC’s customer including secure online banking, the ability to transfer money internationally as well as exchange currency at a favorable rate.

In addition, we also provide corporate accounts for our business customers including current account, merchant account, and payment gateway functions with many more benefits for businesses with a very straightforward process as well. Please visit our website for more information about the latest promotions and other accounts’ benefits

If you ever encounter any difficulties during the account opening process, please contact us via email: [email protected] or our hotline at: +1 (949) 508 0235.

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. 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, a member of DNBC Financial Group in Europe - DNBC Financial Europe code is: DSFE LT 21 XXX

  • The first 4 characters represent our institution (DSFE - DNBC Financial Group).
  • The 2 following characters represent the country that the member has been 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 of the institution’s branches.
4. How old must I be to open a personal account?

You can become a DNBC Financial Group’s client and gain full benefits from our personal accounts at the age of 18. If you are younger than 18, you would need a legal representative to open the account in their name and take responsibility for you when using our services.

To open an account with us, you would need to finish the identification procedure for the registering process, you would need to provide us with international personal documentation, ie. a passport or ID card.

After you finish the registration process with us, you will receive an online banking (DNBCnet) account and you can start using our services from that moment onward. For ease of use in everyday activity, you can order a debit/prepaid card from DNBC which would be sent to you via postal services as quickly as 2 working days.

However after that process, there would be no more paperwork to fill and you can enjoy many benefits like managing your account anywhere, a multi-currency account if you travel a lot with no limits in transferring transactions around the globe (We may need you to prove your identity if you want to transfer a large sum of money). You would essentially receive an international account when you open an account with us.

5. What Are The Differences Between SWIFT And Non-SWIFT?

 

Difference between Non-SWIFT and SWIFT:

 

Network States of Canada. 170 countries and territories.
Currency CAD. Multiple currencies.
Transaction time 01-02 business days. 02-05 business days.
Or more depending on the relationship between the two financial institutions
Transaction limit

10,000 CAD/day for a personal account.

50,000 CAD/day for a corporate account.

Note:
This is the default limit when establishing your account.
The limit can be increased up to 200,000 CAD for personal account and 500,000 CAD for corporate account..
Contact +1 (949) 508 0235 for transaction limit update.
Transfer fees Cheaper for transfer within States of Canada. Depends on the fees of the correspondent banks involved.
6. Can I Send And Receive Transfer In Other Currencies?

At this time, with SWIFT transfer, you can send money from your CAD account to other accounts in any other currencies.

However, when you receive payments in other currencies, the fund will be automatically converted to CAD in your DNBC Financial Group current account.

7. How can my DNBC Financial Group account be credited or debited?

You can send and receive international funding via SWIFT and SEPA transfer.

SEPA transfer is used when a transaction is made between countries in the EU/EEA.

SWIFT transfer can be used for transactions between 170 countries and territories around the world, including European countries.

At DNBC, we understand the urgency when you need cash from your account, that's why we provide debit/prepaid cards for easier withdrawal of money, you can do this at any ATMs or cash point approved by Mastercard.

See more: DNBC table of fees for SWIFT and SEPA

8. Are There Any Place Limited From Receiving Or Transferring Fund Using DNBC SWIFT Transfer?

With SWIFT transfer services recently implemented, DNBC Financial Canada Limited has partnered with several correspondent banks to provide our customers with the best possible fee and the least amount of wait time for international transactions.

At the moment, DNBC Financial Group can support transfer and receive from 170 countries and territories around the world including the UK, the EU, Japan, South Korea, Switzerland, Finland, the UAE, Singapore, Malaysia, HongKong, India, Norway, Germany, Sweden, France, Canada, Australia and many more.

However, we also have a list of 25 prohibited countries regarding SWIFT transfer.

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.