Transparent Fees and Competitive Pricing

Sovereign Bank International

At Sovereign Bank International, transparency and clarity are cornerstones of our commitment to you. We believe in providing straightforward pricing that aligns with your financial endeavors, ensuring you understand the full value of the services you receive.

Corporate Account Fees

  • Monthly Maintenance Fee: $65 USD
  • Outgoing Wire Transfer Fee: $50 USD per international transaction
  • Incoming Wire Transfer Fee: $25 USD per transaction
  • Transaction Fee Waiver: Enjoy 5 free transactions monthly for accounts maintaining a balance of $100,000 USD or more

Individual, Trust, and Foundation Account Fees

  • Monthly Maintenance Fee: $45 USD
  • Outgoing International Wire Transfer Fee: $45 USD per transaction
  • Incoming Wire Transfer Fee: $20 USD per transaction

High-Performance Interest Earning Savings Account

  • Account Opening Requirement: Minimum deposit of $100,000 USD
  • Transaction Fees: All transactions are fee-free after the initial 7-day account setup period; withdrawal restrictions apply for the first 7 days.
  • Profit-Sharing Model: Our unique profit-sharing model ensures you earn daily calculated interest directly from the bank’s earnings (50/50), averaging returns to the client of 0.7% to 1.1% monthly.

Additional Service Fees

  • Currently, we do not issue checks.
  • Debit Card and Pre-Paid Card programs will be available Q2.

Multi-Currency Management for Corporate Accounts

  • Foreign Exchange Transactions: Fees range from 0.10% 1.95%, subject to currency and market volatility.
  • Account Management Services: 24/7 online portal access at no extra charge

Comprehensive Support and Assistance

Our team is available to assist with any questions you may have about our pricing and fees. If you need a more detailed breakdown or have specific service inquiries, please contact us.
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