Business Banking

Rizq Business Fees

Account Fees

Onboarding Fee

Free

Maintenance Fee / month

£6.00

Transfer Fees

Inter-ledger transfer (Rizq to Rizq)

£0

Faster Payment Inbound

Free

Faster Payment Outgoing

£0.19

Sepa Incoming

£0.09

Sepa Outgoing

0.19% (capped at £20 max.)

Swift Incoming

£9.99

Swift Outgoing

0.25% or GBP 15.00 Minimum (whichever is greater)

FX Fees**

FX

Please see the table below*

Card Fees**

Card issuance

Free

Additional cards

£4.99 per card

Virtual card

Free

Additional virtual cards

£0.19

ATM withdrawal

Free up to £200 and £0.99 per withdrawal after

International ATM withdrawal

£1.49 + 2.49%

International Card Payments

1.00%

Other Fees

Transaction confirmation

£27.99

Chargebacks / fraud enquiry

£34.99

** COMING SOON

FX Fees

Payout Location

Local Currency Code

Per Transaction Fee (%)

Per transaction Fee (GBP)

Vietnam (2P only)

VND

0.70%

2.70

Indonesia

IDR

0.75%

3.50

Nigeria

NGN

1.90%

2.00

South Korea

KRW

1.00%

4.50

Kenya (Bank)

KES

1.80%

2.70

Sri Lanka

LKR

0.75%

2.00

Nepal

NPR

0.75%

2.70

Pakistan

PKR

0.65%

2.50

Bangladesh

BDT

0.70%

1.75

Philippines

PHP

0.90%

2.70

India

INR

0.70%

2.00

Thailand

THB

0.90%

4.00

Kenya (Wallet)

KES

2.90%

2.70

Ghana (Bank)

GHS

1.90%

3.50

China

CNY

1.00%

6.50

Turkey

TRY

0.80%

2.50

Ghana (Wallet)

GHS

2.90%

4.99

Malaysia

MYR

0.70%

1.80

Canada

CAD

0.65%

2.00

Singapore

SGD

0.65%

1.60

USA

USA

0.60%

2.00

Europe (SEPA)

EUR

0.55%

1.00

The below fees will be effective from May 18, 2022

Account Fees

Onboarding Fee

Free

Maintenance Fee / month

£6.00

Transfer Fees

Inter-ledger transfer (Rizq to Rizq)

£0

Faster Payment Inbound

Free

Faster Payment Outgoing

£0.19

Sepa Incoming

£0.09

Sepa Outgoing

0.19% (capped at £20 max.)

Swift Incoming

£15.00

Swift Outgoing

0.25% or GBP 15.00 Minimum (whichever is greater)

FX Fees**

FX

Please see the table below*

Card Fees**

Card issuance

Free

Additional cards

£4.99 per card

Virtual card

Free

Additional virtual cards

£0.19

ATM withdrawal

Free up to £200 and £0.99 per withdrawal after

International ATM withdrawal

£1.49 + 2.49%

International Card Payments

1.00%

Other Fees

Transaction confirmation

£27.99

Chargebacks / fraud enquiry

£34.99

** COMING SOON

FX Fees

Payout Location

Local Currency Code

Per Transaction Fee (%)

Per transaction Fee (GBP)

Vietnam (2P only)

VND

0.70%

2.70

Indonesia

IDR

0.75%

3.50

Nigeria

NGN

1.90%

2.00

South Korea

KRW

1.00%

4.50

Kenya (Bank)

KES

1.80%

2.70

Sri Lanka

LKR

0.75%

2.00

Nepal

NPR

0.75%

2.70

Pakistan

PKR

0.65%

2.50

Bangladesh

BDT

0.70%

1.75

Philippines

PHP

0.90%

2.70

India

INR

0.70%

2.00

Thailand

THB

0.90%

4.00

Kenya (Wallet)

KES

2.90%

2.70

Ghana (Bank)

GHS

1.90%

3.50

China

CNY

1.00%

6.50

Turkey

TRY

0.80%

2.50

Ghana (Wallet)

GHS

2.90%

4.99

Malaysia

MYR

0.70%

1.80

Canada

CAD

0.65%

2.00

Singapore

SGD

0.65%

1.60

USA

USA

0.60%

2.00

Europe (SEPA)

EUR

0.55%

1.00