Factoring (from 2016-10-01) | Luminor

Fee
Factoring agreement fee
up to 1 % from factoring limit, min EUR 115 + VAT
Change of agreement conditions, except including / withdrawing debtors / suppliers
up to 1 % from factoring limit, min EUR 115 + VAT
Inclusion / withdrawal of debtors / suppliers (for factoring without recourse)
EUR 30 + VAT
Invoice acceptance fee
Upon agreement, min EUR 3 + VAT
Overdue interest
0.05 % for each overdue day of overdue amount
Fines for breach of contract
Subject to factoring agreement general terms
Buyer risk assessment (Factoring with insurance)
Upon agreement
Debtor limit renewal (annual)
EUR 35 / debtor + VAT

Fees can be paid in EUR or USD currency, depending on currency of the agreement.