SunPay – an Innovative Banking for Clients in CanadaProbably, you haven’t heard a lot about SunPay as it only recently entered the global market of innovative fintech companies. However, this payment institution has a solid background operating from 2019 and offers all necessary payment services for global business.
SunPay is a tech-savvy payment institution developed by a team experienced in financial and electronic money sectors in 6 countries. The Company has FINTRAC authorization for provision of payment services.
Compared to other payment institutions, its fees are highly attractive, which you can see below in our table.
Key Features:
- For companies and individuals in Canada only
- SWIFT and SEPA transfers;
- IBAN format of accounts with individual account number assigned for each client;
- Multi-currency accounts and payments in 25 currencies;
- Support services are provided in English, Russian and Ukrainian.
Additional Services
SunPay provides company incorporation services in Canada. Customers can set up a legal entity via SunPay incorporation service directly on their web site and then proceed with an account opening.
Business Tariffs:
Service Business fees
Account opening On-demand
Monthly maintenance fee 200 USD
SEPA incoming transfer Free
SEPA outgoing transfer 30 USD
SWIFT incoming transfer Free
SWIFT outgoing transfer 0,2% (min 100 USD, max 300 USD)
Local incoming transfer (GBP, AUD, CAD, CZK, DKK, HKD, HRK, HUF, RON, IDR, INR, MXN, MYR, NOK, PHP, PLN, SEK, SGD, USD) Free
Local outgoing transfer (GBP, AUD, CAD, CZK, DKK, HKD, HRK, HUF, RON, IDR, INR, MXN, MYR, NOK, PHP, PLN, SEK, SGD, USD) 30 USD
Conversion volume charge 0,2%
SWIFT/SEPA confirmation 100 USD
Account closing 200 USD
Compliance audit 500 USD
