What are the bank and transaction fees?

Last updated: March 28, 2018

If you use bank accounts, payment gateways etc. to make or receive payments, the following fees may occur:

  • Bank/merchant account setup fees

  • Bank/merchant account maintenance fees

  • Gateway fees

  • Service fees per transaction charged by banks or gateways involved

  • Currency exchange fees

You can also check the full LHV price list (Valid starting from 1st of November 2018), TransferWise borderless pricing, or Holvi pricing, for more information.

These fees are all considered business expenses, as long as the relevant transactions were related to your business activities.

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