Our pricing

Safenetpay pricing offers flexibility regardless if you are the UK SME, a Sole trader or a large multinational corporation. See the pricing breakdown and criteria below.

BASIC*

£0.00 / month
Get Started

PREMIUM*

£0.00 / month
Get Started

BESPOKE

Custom price
Get Started
Account opening
Opening a Safenetpay account
Monthly fee
Monthly fee for maintaining a Safenetpay Account
GBP account
GBP accout with account number and sort code
USD, EUR and other currencies
USD and other popular currency accounts
Internal transfers
Internal transfers between Safenetpay Accounts
Incoming GBP transactions
Adding GBP funds to or receiving GBP payments into Safenetpay Account: through Faster Payment
Outgoing GBP transactions
Withdrawing electronic money or making payments from Safenetpay Account in GBP: through Faster Payment
Direct debits
International transactions
International SWIFT transactions
BACS
CHAPS
Currency exchange
Currency exchange with competitive FX rates
Web access
Access through web browser
Mobile app access
Mobile application
Merchant account
Merchant account for accepting card payments
Debit cards
Eligibility
UK registered sole traders and freelancers
UK Limited companies with simple ownership structure
UK companies with physical presence (eg. shops, restaurants and etc.)
Companies in high risk industries (See Ts & Cs)
UK Limited companies with complex ownership structure
UK companies with non-resident UBO or Director
Companies registered outside of UK
 
 
  • Free
  • Free
  • Upon request
  • Free
  • £0.50
  • £0.50
  • Custom
  • Custom
  • Custom
  • Custom
  • Coming soon
  • Get Started
  • Free
  • £25
  • Upon request
  • Free
  • Free
  • Free
  • Custom
  • Custom
  • Custom
  • Custom
  • Custom soon
  • Get Started
  • Custom
  • Custom
  • Custom
  • Custom
  • Custom
  • Custom
  • Custom
  • Custom
  • Custom
  • Custom soon
  • Get Started

Criteria

* To apply for a BASIC and PREMIUM account with Safenetpay, must meet our eligibility criteria.

When you apply for a Safenetpay Account as an individual or a freelancer

You must be a resident of United Kingdom registered as a sole-trader and not involved in an activity (transactions) that Safenetpay at its sole discretion regards as prohibited or otherwise restricted;

When you apply for a Safenetpay Account as a legal entity

You must be a United Kingdom registered limited company not involved in an industry (transactions) that Safenetpay at its sole discretion regards as prohibited or otherwise restricted, further provided that you meet all of the below criteria:
  1. you are directly owned by residents of United Kingdom only and your directors are United Kingdom residents only;
  2. you have up to 50 employees
  3. Your monthly turnover is below GBP 75,000. (with exceptions to Restaurants, Hotels, Cafes, Pubs, Retail shops, Grocery stores, Takeaways, Dry cleaners and other businesses that are carried out through physical presence)

Prohibited transaction

Activities (transactions) that Safenetpay currently regards as prohibited are detailed in the ‘Prohibited Transactions’ section of the Terms and Conditions.

Change of circumstances

If your circumstances change and you no more qualify for ‘Basic’ or ‘Standard’ accounts, we will issue you our ‘Bespoke’ Fees and Commissions. If you do not accept these within the designated term, we retain the right to suspend the Services until the applicable Fees and Commissions are agreed.

Bespoke plan

If you do not qualify for ‘Basic’ or ‘Standard’ accounts, we will send you the ‘Bespoke’ fees and commissions together with the confirmation of opening your Safenetpay Account. You have the right to either accept or decline the offer.

Other products and services

Services that are not covered in the above table, including the newly introduced Services, will be subject to the Fees and Commissions charged by Safenetpay when such Services are accessed or ordered".

Common questions

Safenetpay is a payment institution, not a bank. We’re regulated by the Financial Conduct Authority, and we work with banks to process payments and keep your money safe.