Articles on: Receiving - Cash Balance

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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