It's only possible to pay your account fee monthly. Your monthly fee will be taken from your account automatically so you can deposit the annual amount at the start of the year.
Keep in mind that the monthly fee is USD 19.99.
There's no fee if you are making a transfer to other Zenus accounts. There is a for ACH payments and for Wire/SWIFT transfers.
We do not charge a fee to receive a payment or transfer. If the amount received is less than you were expecting a charge may have been taken by the bank sending the funds. If a currency conversion was made during the transfer please check it was done at the rate you were expecting.
There is a non-refundable $50 for a Zenus account. This is payable whether are approved for account with us or not. We this to cover the costs we incur in ing the required regulatory checks for each .
The amount it costs to transfer your funds to another bank account will depend on how you send them. Please view our Fees & Charges table on our website for the latest details. Your local bank may also charge you a fee depending on how and where you have sent them to.
Our application and monthly membership fees have been determined using our own market analysis and incorporating our cost to serve.
We strive to keep our pricing for products and services competitive with other banks and in line with market rates.
Please see this link for more details https://zenus.com/charges-limits