eMandates fee structure

Effective 1 January 2019, the fees charged by Currence are as follows:

For licencees

  1. Non-recurring entry fee for individual:
    • € 30,000 per product, or group licence € 45,000.
  2. Annual fixed fee:
    • € 5,000 per individual licence as Creditor Institution
    • € 5,000 per individual licence as Debtor Institution
      or
    • € 7,500 per group licence as Creditor Institution
    • € 7,500 per group licence as Debtor Institution
  3. Variable fee per eMandate transaction:
    • Creditor Institution € 0,010 per transactie
    • Debtor Institution € 0,010 per transactie

The amounts mentioned above are exclusive of VAT.

For certificate holders

  1. One-time entry fee for the certification procedure per individual certificate holder of  € 2,000
  2. Annual fixed fee per individual certificate holder of € 2,500

The amounts mentioned above are exclusive of VAT.

Subscription eMandates Standard for licencees and certificate holders

  1. Non-recurring entry fee
    • De eMandates Standard will be put at the disposal of the Licencee when the non-recurring fee of € 1,000.00 for the first calendar has been paid.

The amounts mentioned above are exclusive of VAT.

For accredited parties

There are no fees for accredited parties (MSPs) yet.

Accepting eMandates on your website?

Would you like to use electronic Mandates for your European direct debits? An eMandate contract is needed with one of the Creditor Institutions which offer various eMandates contracts to web merchants. Please contact a Creditor Institution for more information.

Last updated: 24 December 2018