Transactional Fee Structure

Below you'll find the fee structure for conducting transactions within the iBanco mobile app and with the iBanco Mastercard.

We aim to be transparent about all matters related to customer experience at iBanco. And we are constantly on a mission to lower our fees wherever possible. Expect reductions in fees to continue for all our customers!

Receipt of funds - UK Faster Payments
First two receipts in a month free, then £0.15 per credit. £5.00 for non-GBP, EUR, USD currencies.

Sending funds - UK Faster Payments
First five payments in a month free, then £0.15 per payments. Currencies other than GBP subjects to rates greater than £0.40.

FX Conversion
0.35%.

Domestic Card usage
£0.13 per transaction.

Domestic ATM usage
£0.15+0.15% of value per withdrawal.

Foreign ATM usage
£1.35+1% of value per withdrawal.

Card loading
0.20%.

Chargeback Handling
£20 per chargeback.