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
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PREMIUM*

£25.00 / month
Get Started

BESPOKE

Custom price
Get Started
Free account set up
The price you pay to open your Safenetpay account
Monthly fee
Monthly fee for maintaining a Safenetpay Account
GBP account
GBP accout with account number and sort code
Currency exchange
Currency exchange with competitive FX rates
Safenetpay to Safenetpay transfers
Transferring funds between Safenetpay accounts
Web access
Access through web browser
Incoming GBP transactions
Adding funds into or receiving GBP payments into your Safenetpay account with UK Faster Payment
Outgoing GBP transactions
Withdrawing GBP funds or making GBP payments from your Safenetpay account using UK Faster Payment
USD, EUR + Other currencies
Other currencies are available upon request
International transactions
International SWIFT transactions
BACS
CHAPS
Merchant account
A merchant account allowing you to accept card payments
Mobile app
We are launching a mobile app to help you manage your Safenetpay account on the go
Debit cards
Eligibility
UK registered sole traders and freelancers
UK Limited companies with simple ownership structure
UK Limited companies with complex ownership structure
UK companies with non-resident UBO or Director
Companies registered outside of UK
 
 
  • Free
  • £0.50
  • £0.50
  • On request
  • On request
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  • Coming soon
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  • £25
  • On request
  • On request
  • On request
  • On request
  • On request
  • Coming soon
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  • Get Started
  • Quote required
  • Quote required
  • Quote required
  • Quote required
  • Quote required
  • On request
  • On request
  • On request
  • On request
  • On request
  • Coming soon
  • Coming soon
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  • Get Started

Eligibility 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 are ineligible for our Basic or Premium account, you will need to apply for our Bespoke plan. Our team will review your application and provide a fee and commission pricing structure repsective of your business’ organisational and operational structure.

Additional products and services ​

​​The implementation of new products and services, that are not included may incur additional fees.

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.

We offer two types of accounts: business accounts and merchant accounts.

You can use a Safenetpay business account the same way you’d use a business current account with your bank. Our merchant accounts allow you to accept credit and debit card payments and payments using alternative methods such as cryptocurrencies and e-wallets.
UK registered SMEs, sole traders, freelancers and contractors can apply for a Safenetpay business or merchant account, subject to our eligibility criteria. Non-UK registered applicants or UK registered applicants with complex business structures may be eligible for our Bespoke account plan, subject to evaluation.
We always aim to approve as many as applications as possible. The approval or rejection of any application is based on the approval polices that are in place at the time of your application.

Some activities (transactions) are prohibited with Safenetpay and evidence of business conducted in these areas will result in rejection of your application or closure of your active Safenetpay account.

The list of prohibited activities & transactions, as per our T&Cs, includes but is not exclusive to:

  • Adult services
  • Controlled substances, unapproved drugs, unapproved medical devices
  • Items that promote hate, violence, racial intolerance, or the financial exploitation of a crime
  • Unlicensed gaming, forex trading, betting and lottery platforms
  • Pharmaceuticals and nutraceuticals
  • Weapons (including without limitation, knives, guns, firearms or ammunition)

For full details on our prohibited transactions and activities please refer to section 14 of our terms and conditions here.

Safenetpay is is an Electronic Money Institution authorized by the United Kingdom Financial Conduct Authority under the Electronic Money Regulations 2011 and Payment Service Regulations 2017.

We keep your money in ring-fenced accounts in Germany and the UK. We can only use your money to fulfil your requests. We can’t take any risks with it. In the unlikely event that we become insolvent, your funds will be kept safe by being held on a specifically designated safeguarding account.