Calmony and payment app fees

		Essentials	Grow	Scale
Monthly Calmony Subscription		£25/m	£50/m	£100/m
Accounts available to open		Client Bank Accounts
Addition accounts		£9.50 pcm
Payments in & out of your client account		25 included £0.35 fee applies for payments over free allowance	150 included £0.30 fee applies for payments over free allowance	300 included £0.25 fee applies for payments over free allowance
Payment and Standing Order app		✔	✔	✔
Card payment page for your website		✔	✔	✔
CalmonyPay - make same day BACS & bulk payments		-	✔	✔
Virtual Card Machine		✔	✔	✔
Bank Safeguarding Letter		✔	✔	✔
AML-OFSI checks (Required)		£4.50	£4.25	£4.00
24 hours continuous Sanction check annual subscription (Required)		£0.20 per active payee per month
Overseas Payee AML-OFSI checks (Required)		£52.50 for initial overseas payee check £27.50 annual recheck (Only applies to a Payee with a payment within the last 6 months) If payee is a landlord, our recommendation is for the oversea payee to nominate a UK citizen to be the landlords to avoid these charges
Limited Company & Complex Ownership AML-OFSI checks (Required)		£220 for initial company check £110 annual recheck (Only applies to a Payee with a payment within the last 6 months) Our recommendation is to AML/OFSI check a director and not the company to avoid these charges
API access to your accounts		-	-	✔
International payments		Requires a wise.com account
Payment app
Single open banking payments (per payment)		£0.35	£0.30	£0.25
Payment app monthly reoccurring request (per request, not per rent payment)		£0.35	£0.30	£0.25
Payment app SMS text message invites (per message sent)		£0.04
Debit card payments		£0.10 + 1.25%
Credit card payments		£0.10 + 1.85%

Fees apply from 10th June 2024

Barclaycard increased fees for processing card payments changing Calmony charges debit cards payments from 0.65% to 1.25% and credit card from 1.75% to 1.85%.