What are the fees and limits on GBP deposits?
To receive GBP payments in your GBP named account on Onboard, here are the fees:
Deposit fees:
- £0.50 per deposit (Faster Payments from within the UK, SEPA payments from within the EU)
- £1 per deposit (Faster Payments from GBP accounts outside the UK)
Fees are deducted before funds are credited.
Deposit limits:
Type | Limit |
|---|---|
First-party | €100,000 per deposit |
Third-party | €2,000 per deposit |
First-party includes deposits from accounts in your own name, accounts sharing your surname (e.g., family members), and registered business entities.
Third-party is any deposit from someone who doesn't fall into the above — for example, a friend or an unrelated individual.
Deposits above these limits may trigger additional compliance review.
Updated on: 21/04/2026
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