Account fees
Incoming Transfers and Payments
| |
Charges |
Value Dates |
| Bank Transfer |
free* |
same day value if credited before
15h00, otherwise next day |
| Cheque** |
€ 20 |
applied date of clearance |
Cash deposit at a BGL BNP Paribas (Luxembourg)
branch in EUR or another EU currency |
free* |
same day value |
Cash deposit at a BGL BNP Paribas (Luxembourg)
branch in another currency (under € 12,000) |
€ 10 |
+10 working days |
Cash deposit at a BGL BNP Paribas (Luxembourg)
branch in another currency (over € 12,000) |
€ 25 |
+10 working days |
Payments may require a foreign exchange transaction.
* Internaxx does not charge any fees of its own but correspondent bank fees shall be borne by the client.
** It may take several weeks before a cheque is cashed on your account. Internaxx does not control this delay. Internaxx cannot accept cheques below the amount of € 1,000 or equivalent in other currencies.
Outgoing Transfers and Payments
| |
Charges |
Value Dates |
Bank Transfer in EUR or another EU currency
(under € 50,000) |
free* |
execution day** |
| Bank transfer in another foreign currency |
€ 10 |
execution day** |
Additional charge if IBAN or BIC is missing or
incorrect |
€ 5 |
|
Cash at a BGL BNP Paribas (Luxembourg) branch
in EUR |
free |
same day value |
Cash at a BGL BNP Paribas (Luxembourg) branch
in another foreign currency |
0.5%
(min. € 5) |
-1 working day |
Payments may require a foreign exchange transaction.
* € 10 if beneficiary is outside the EU Eurozone or if amount of the transfer is above € 50,000.
** Instructions confirmed before 11 am CET will be processed on the same day. Instructions confirmed after this time may take up to 24 hours. To ensure quicker processing of your request, please send your instructions via Secure Mail. First time transfers require proof of ownership of the receiving account.
Internal Transfers
| |
Charges |
Value Dates |
| Transfers between Internaxx accounts |
free |
execution day* |
* Transfers between Internaxx accounts may take up to 24 hours to complete. In the event that your Derivatives account is subject to a margin call, please contact our Client Services team on+352 2603 2006.
Securities Transfers
| |
Charges |
| Receipt of securities from another institution |
free (no Internaxx commission) |
| Transfer of securities to another institution |
€ 75 per position |
We do not accept, nor deliver securities in physical form. Transfer of securities may last several weeks: we are unfortunately not able to accept orders until your securities have been received and cleared.
Other Charges
| |
Value Dates |
| Sending of postal mail |
free of charge |
| Hold Mail option* |
€ 55 per year |
| Late payment handling fee* |
€ 100 |
Special services (special investigations, special mailings,
written confirmations and certifications, etc.)* |
€ 50 per hour, min. € 25 |
| Fractional entitlements from a corporate action |
up to € 10 |
| Credit of tax adjustments from a corporate action |
up to € 10 |
| Account closure fee |
up to € 10 |
| Money/investments received to a closed account |
up to € 10 |
| Corporate accounts |
First year € 1,000, then € 500 per year |
* Subject to a VAT of 15% and debited from your reference currency account.
Foreign Exchange
We do not charge foreign exchange commission between EUR, USD, GBP, CAD, AUD, HKD, SGD, SEK, and CHF. Please contact Client Services at +352 2603 2004 for information on our current exchange rates.