Finom

Pricing

• •Outgoing SEPA payments are free up to 25,000 EUR per month; above that a 0.03% fee applies. The maximum fee is 150 EUR per transaction on both SEPA and SWIFT.
• •Outgoing SEPA payments are free up to 50,000 EUR per month; above that a 0.025% fee applies. The maximum fee is 150 EUR per transaction on both SEPA and SWIFT.
• •Outgoing SEPA payments are free up to 50,000 EUR per month; above that a 0.025% fee applies, capped at 150 EUR per transaction.
• •Outgoing SEPA payments are free up to 25,000 EUR per month; above that a 0.03% fee applies, capped at 150 EUR per transaction. It is a free-of-charge threshold, not a ceiling.
• •Outgoing SEPA payments are free up to 100,000 EUR per billing period; above that a 0.025% fee applies, capped at 150 EUR per transaction.
• •Outgoing SEPA payments are free up to 2,500 EUR per billing period; above that a 0.3% fee applies, capped at 150 EUR per transaction. It is a free-of-charge threshold, not a ceiling on how much you can send.

Limits

• •All supported currencies can be sent over SWIFT, with intermediary banks and an OUR/SHA choice. On top of that, domestic outgoing rails exist for GBP (UK Faster Payments, up to 1,000,000 GBP, reference limited to 18 characters, no Confirmation of Payee), USD (FedACH, up to 1,000,000 USD, reference limited to 10 characters), CHF (no cap), CZK (1,000,000), DKK (500,000), HUF (10,000,000), NOK (25 million), PLN (1,000,000) and RON (200,000). Above those thresholds the payment automatically falls back to SWIFT.
• •The 2,000 EUR monthly ATM limit is per card, but the ATM fee is calculated on the combined withdrawals of every company card in the billing period.
• •Includes 15 wallets with their own local IBAN and an unlimited number of users, with no limit on incoming or outgoing SEPA payments.
• •The 5,000 EUR monthly ATM limit is per card, but the ATM fee is calculated on the combined withdrawals of every company card in the billing period.
• •The ATM limit is per card, not per company: each card can withdraw up to 5,000 EUR a month.
• •Includes 10 wallets with their own local IBAN and an unlimited number of users, with no restrictions on expense management.
• •The 1,500 EUR monthly ATM limit is per card, but the ATM fee is calculated on the combined withdrawals of every company card in the billing period.
• •The ATM limit is per card, not per company: each card can withdraw up to 2,000 EUR a month.
• •Limits are set individually as part of the plan, agreed case by case.
• •The ATM limit is per card, not per company: each card can withdraw up to 500 EUR a month.

Payments & transfers

• •Finom runs two different international rails and they do not have the same reach. On the current setup (GB IBAN) outgoing transfers reach any country except 46 prohibited ones, incoming transfers are limited to a list of 175 countries, and 17 currencies are supported. The older setup (DK IBAN) uses a single closed list of 67 countries valid both ways and supports 20 currencies.
• •Payments to countries or in currencies that are not supported are rejected and returned to the sender.
• •Incoming euro transfers behave differently on the two rails: on the current GB IBAN they land directly on the main wallet and are immediately usable, while on the older DK IBAN they land on a separate international EUR wallet and have to be moved manually to the main wallet before you can use them for SEPA payments or card spending.
• •On local USD payments the recipient sees the name of Finom's US payment partner as the sender, not your company name. The reference you add is the only way they can identify the payment.
• •The local USD rail is unavailable when either the beneficiary or your own company is registered in one of 42 listed countries. Sending USD over SWIFT remains possible in those cases.
• •A few restricted areas have no country code of their own: Crimea and Kosovo are blocked for outgoing payments, and the former Netherlands Antilles for incoming ones.
• •incorporated in DEIn Germany two different setups coexist. Some accounts run on Finom's own licence, others on a partnership with Solaris SE, which holds a full German banking licence. Both give a German IBAN, but accounts opened under Solaris SE do not support international transfers, and only those fall under the German deposit guarantee scheme up to 100,000 EUR.
• •Which IBAN you get depends on the country: local IBANs in France, Italy, Spain and Germany under Finom's own licence, and a Dutch IBAN for clients in the Netherlands, Belgium and other European countries.
• •A separate and wider restriction applies to international transfers only: Finom states that transfers to and from counterparties in a list of industries are impossible: weapons and military-grade security, multi-level marketing, pawnbrokers, precious metals and stones including diamond traders, unauthorised resale of luxury goods including watch traders, adult entertainment, drug paraphernalia, CBD and related products, carbon credits, cryptoassets, gambling, ponzi and pyramid schemes, counterfeit goods and trafficking, mining and extraction, scrap metal traders, energy traders, and speculative trading. The account itself still opens and works for SEPA payments.
• •The euro account with a local IBAN is the only true local account: it is what you collect and pay with over SEPA and SEPA Instant inside the EU/EEA, and the only wallet card payments are taken from.
• •No other currency has a local collection account. The other 16 currencies all arrive on the same international IBAN over SWIFT, with account details identical for every currency, and are then split into per-currency sub-wallets.
• •The domestic rails in GBP, USD, CHF, CZK, DKK, HUF, NOK, PLN and RON exist for outgoing payments only. You cannot be paid locally in those currencies.
• •Finom's declared SEPA zone covers 41 countries: the EU plus Iceland, Liechtenstein, Norway and Switzerland, plus Monaco, Andorra, San Marino and the Vatican, with the UK included (along with Gibraltar, Guernsey, Jersey and the Isle of Man) and the French, Portuguese and Spanish overseas territories counted within their respective countries.

Cards

• •Separately from transfers, Finom cards do not work in store, online, or at merchants registered in Belarus, Burundi, Central African Republic, Congo, Cuba, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Ukraine, Venezuela, Yemen and Zimbabwe.
• •ATM withdrawals with a virtual card are not available on this plan.

Business activity

• •Business onlyFinom's contract also bars religious and political organisations, companies issuing bearer shares, shell banks, and any business operating in a regulated industry without the required licence; none of these is captured by a standard sector label. Falling into any of these makes the client ineligible automatically, at Finom's sole discretion.

Opening an account

• •Business onlyThe legal representative and every beneficial owner must hold a valid residence permit in one of the countries Finom serves. The passport is explicitly irrelevant: the requirement is on where you live, not on your nationality. Finom states it also welcomes applications from US residents and citizens setting up businesses in the EU.

Licence & regulation

• •Finom is a trade name of PNL Fintech B.V., which acts as payment services agent for Finom Payments B.V., the licensed entity. Finom Payments B.V. is a Dutch electronic money institution supervised by De Nederlandsche Bank (relations number R180074) and passported across the EU and EEA.
• •There is no deposit guarantee on a standard Finom account: it holds electronic money, not deposits, so it pays no interest. Client funds are safeguarded through a separate foundation supervised by De Nederlandsche Bank and held at European banks including BNP Paribas.
• •Two products are provided by third parties, not by Finom: the Interest Wallet is run by Aksys Global Markets Europe Ltd (CySEC 456/25) and invests in money market funds, and is neither a bank account nor a savings product; the credit line is lent by SME Lending Fund MTDA GmbH & Co. KG, with Finom acting only as broker.
• •All contracts are governed by Dutch law with exclusive jurisdiction in the Netherlands, including for clients holding an IBAN issued in another country.