Fees for administrators harmonised

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Administration calculator pencil

Fees charged to administrators have been harmonised with effect from 1 May 2015. This means that all administrators will be served under a single service concept and through a single point of contact. As a result, some fees have been raised while others have been lowered. The administrators concerned are clients who professionally administer bank accounts on behalf of third parties who have been placed under administration.

The new fees are as follows:

1-50 clients EUR 27,00 per month
51-200 clients EUR 127,00 per month
201-600 clients EUR 227,00 per month
601-1.000 clients EUR 327,00 per month
over 1.000 clients EUR 427,00 per month

The fees cover costs such as reporting expenses and an unlimited number of incoming and outgoing payments to or from clients’ accounts. The new fees apply to professional administrators, not to retail clients.

These fees are lower than the fees charged to regular commercial clients making use of this payment service. The administrators were informed about this in February 2015.

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