iBusiness Banking (iBB) Savings Calculator
The Fees & Charges Savings Calculator allows you to estimate how much cost savings your business will reap as a result of migrating from paper based transactions via a branch, to online payments via iBB.
Like iBB, the Fees & Charges Calculator can be used by all business sizes, from the small traditional Sole Trader to the large Multinational.
If your business writes 12 cheque payments per month for wages or makes just 5 international payments outside the EU per month, the cost of iBB is justified for you.
| The following symbol notes are referenced through-out the tool: |
|---|
| [1] Subject to payments being made via EMTS. Separate EMTS charges will apply. If a payment is not processed through EMTS, then an automated transaction charge of 15c per payment applies. |
| [2] The value of cheques for wages cashed is based on the assumption that the average cheque is valued at EUR 300. You can input a suitable volume for your business in this field. |
| [3] A 15c automated transaction charge is applied to all electronic transactions, collected quarterly. A 39c paper transaction charge applies to International Payments made via the branch. |
| [4] A 15c automated transaction charge is applied to all electronic transactions collected quarterly. |
| [5] A 39c paper transaction charge is applied to International Payments made via the branch. |
| [6] EMTS Originator Fees = The cost to submit an EMTS file is 5c per transaction. The minimum monthly charge is EUR 6.35 (127 transactions). EMTS is used to process wages, supplier and utility payments. |
| # Postage costs = Postage costs are costed at 55c (the current price of a stamp) per cheque. Cheques for wages are not included in the value. |
| * SEPA Zone = EU Member States and Norway, Iceland, Liecthenstein, Switzerland and Monaco. |
See charges in
Business Fees & Charges brochure
Schedule of International Transaction Charges brochure. The latest version is available from this site and from your local branch.
Note: This information is provided for illustrative purposes only and is based on the accuracy of information provided. It does not constitute a contract. We are not recording and will not use the information quoted by you in our calculators unless it is being used as part of a product application.