Online business banking comparator

Compare Qonto and other online business banking services.
Comparison made on March 4, 2022.

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Monthly pricing

From €9
(excl. VAT)
From €9.50
(inc. VAT)

Capital Deposit

€69 alone
or included in yearly pack
€200
or included in a pack

IBAN

IBAN depending on market: FR, IT, ES, DE
French or British IBAN

Bank overdraft granted

-
-

Legal forms

SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales, and associations
SAS, SASU, SARL, EURL, SC, micro-entreprises, professions libérales and associations

Help for bank switch

-

Type of card provided

Debit Mastercard card
Debit Mastercard card

Card transactions in euros

Unlimited
Unlimited

Non-euro card payment

Free
with the X card
€0
per transaction

ATM withdrawal

Free
with the X card or €1 per withdrawal (with the One Card)
€2
per withdrawal

ATM withdrawal limits

Up to €3,000 per card
per calendar month with the X Card
€5,000
per month

Payment limits

Up to €200,000 per card
per calendar month with the X Card
€30,000 per month
with a limit 5,000€ per day

Google Pay / Apple Pay

-

Card reader

1.75% on transaction amount
+ €19 for card reader (to pay once) with Zettle
1.50% on transaction amount
+ €19 for card reader (to pay once)

Virtual card

-

Disposable card

-

In/out SEPA transfers in euros

Outgoing SEPA transfers in foreign currencies

Between 0.70% and 0.90%
per transfer (18 currencies)
From 0.70%
+ €2.50 per transfer

Incoming SEPA transfers in foreign currencies

Free
Bank fees

Debits

SEPA debits
+ B2B SEPA debits included
€2
per SEPA debit mandate

Checkbook

-
-

Check cashing

Maximum amount per check

No limitation
€6,250
NEW

Receipt certification and archiving

Receipts digitized on Qonto hold the same value as their paper version, thanks to probative value certification. In a simple scan, you are covered in case of control.

NEW

Automatic VAT detection

NEW

Invoicing

-
See how it works

How does an online banking comparator work?

Business finance management solutions and online-only banking solutions don't necessarily own the same licences as traditional banks. However, they can offer similar services for a business bank account: payment cards, a local IBAN, real time payments etc. They also have an edge in that they are digital only. You don't need to make an appointment to open a business account or to deposit your share capital. You can use the same services, but in a more convenient way.

Besides fees, you will also want to compare the bookkeeping services that online banks can provide. All entrepreneurs who have experience of doing their accounting will be able to confirm that it's an energy and time consuming task. Having the opportunity to execute it via a banking service will help you focus on your project.

It's important to compare bank fees. Indeed, online banks don't offer the same price plans and they might vary significantly from one to another. Besides the account opening fees, some extra costs could apply for special features or options. A good indicator of your needs is the legal form of your company!

Customer service is key when it comes to online banks. You have to make sure someone will be able to answer your questions when you need them to. To compare the different customer services, an entrepreneur can always consult reviews online, but a qualitative comparator will help to identify the most appropriate ones.

Ready?

Are you ready to open a business account for your company?
Whether you're a self-employed contractor or a small business with a team,
Qonto can provide the business account you need.
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