Financial services
      Back to home
      1. Help Center
      2. Financial services

      Business Account Fees

      Transaction Fees

      The fees associated with your business account are as follows:

      • £7.50 for inbound GBP payments of £50 or more made via CurrencyCloud or CHAPs
      • £25 for outbound payments over £10k

      Transactions that will not incur any fees include:

      • Non-GBP payments received via CurrencyCloud (i.e. payments made to be converted in CurrencyCloud)
      • Inbound payments that are not CHAPs or GBP through CurrencyCloud

      These fees cover GetGround's incurred costs to facilitate these transactions. 

       

      Currency Exchange Fees

      If you need to complete a currency exchange, we charge a low rate of 0.5% for the service. To see what the current exchange rate is, click "view our conversion rates" on your GetGround dashboard. Here, you'll be able to see how much you need to send in your local currency to make a specific payment in GBP.