Business Bank Account – Qonto

€9,00

WHO IS QONTO?

Qonto is a payment organization that enables companies to benefit conveniently from a current account and all other methods of payment necessary for the easy and simple running of their business (physical and virtual cards, direct debits, international transfers, cheque deposits) Qonto enables you to enjoy an absolute all-in-one current account and a Mastercard to manage your finances. They offer workable and flexible pricing for your business, for the self employed, SMEs and Startups, and Business creators. They offer a 30-day free trial with no conditions at all. Qonto allows you to monitor everyone’s expenses and organize your daily account. Having their own banking platform makes them able to offer a smoother experience to their clients and to directly come up with the products and services that simplify their life. No other commissions are added to the cost of your monthly subscription; meaning that if you don’t go above the transaction level and services included in your subscription, they’ll only charge for the monthly rate of your subscription. Further additional transactions, or ordering extra cards (beyond those included in your subscription), you will be charged an extra fee. Get notified about any transactions. They support Apple Pay and Google Pay, with secure and instant payments.

You can effortlessly switch to Qonto and transfer your business account. Qonto’s prices and offers are straightforward. Your monthly subscriptions come without commitments. In case your business needs to change; you can change from one plan to another at any time. They provide metal cards for professionals and facilitate the reception of SWIFT transfers (from abroad). All their customer’s funds are secured up to €100,000. They do not allow cash deposits, do not invest their clients’ money; do not offer loans or overdraft authorization.

BENEFITS:

• Change from one plan to another at any time

• Funds are secured up to €100,000

• Supports Apple Pay and Google Pay

• Easily manage your account and cards with your mobile app

• 24/7 customer service support

• 30-day free trial with no conditions at all

• Apple Pay and Google Pay, with secure and instant payments

• Get digital receipts
• Make bulk transfers.
• Match forwarded receipts with their transactions automatically
• Add custom labels to your transactions

WHAT PLANS DO THEY OFFER?

Qonto offers account plans services that comes in packs; i.e for the self employed, SMEs and Startups, and Business creators. Each level varies in subscription prices depending on its complexity and suited purpose. 

Self employed is for the freelancers and independent contractors, and comes with options of a Basic, Smart, and Premium account.

SMEs and Startups for small and medium companies, associations, and co-founders.

Business creators pack which offers major savings in your first year.

With every account you will get:

• • Get real-time notifications
  • Access your unlimited transaction history
  • Benefits from localizing your business with your country specific IBAN
  • Physical card and virtual card

• 24/7 customer service support

• 30-day free trial with no conditions at all

• Apple Pay and Google Pay, with secure and instant payments

SELF EMPLOYED PLAN – for the freelancers and independent contractors

This account comes with three types of subscription; i.e. Basic, Smart, and Premium account subscriptions.

Every subscription includes:

• Get physical card

• Virtual card

• • Account to separate your activities
  • Receive SWIFT transfers and international payments straight into your Qonto account at €5
  • Pay internationally and directly from your Qonto app
  • Get digital receipts
  • Connect Qonto to your accounting tool
  • Access your unlimited transaction history and analytics

• 24/7 customer service support

• Transfers and direct debits

• 30-day free trial with no conditions at all

Basic account at €9 /month (excl. VAT):

This basic subscription provides the essentials for managing your activity as a self employed worker. 

• • Get physical card, for one member only receive one card (Business Mastercard)
  • Make 30 SEPA transfers and direct debits (if exceeded incur extra charges)

• 24/7 customer service support

• • 1 account to separate your activities
  • Receive SWIFT transfers and international payments straight into your Qonto account at €5
  • Pay internationally and directly from your Qonto app
  • Get digital receipts
  • Connect Qonto to your accounting tool
  • Access your unlimited transaction history and analytics

• 30-day free trial with no conditions at all

Smart account at €19 /month (excl. VAT):

Smart subscription is a complete account for managing your banking and accounting. 

• Get physical card, for one member only receive one card (Business Mastercard) and accountant access
• Make 60 SEPA transfers and direct debits (if exceeded incur extra charges) and 2 cash checks (extra checks charged at €2)
• Accounting Pack (digital receipts, VAT auto-detection, custom labels, receipt forwards, certified receipts)
• Upgraded features (multi-accounts, bulk transfers)
• Automate recurring tasks and activities (coming soon)
• Get 2 accounts to separate your activities.

Premium account plan at €39 /month (excl. VAT):

Premium subscription is a plan that offers and includes all their features and comes with priority support. 

• Get physical card, for one member only receive one card (Business Mastercard) and accountant access
• Make 100 SEPA transfers and direct debits (if exceeded incur extra charges) and 5 cash checks (extra checks charged at €2)
• Accounting Pack (digital receipts, VAT auto-detection, custom labels, receipt forwards, certified receipts) to automate your accounting
• Upgraded features (multi-accounts, bulk transfers)
• Get 5 accounts to separate your activities
• Automate recurring tasks and activities (coming soon)
• 24/7 customer high priority support

SMEs and STARTUPS PLAN

– for small and medium companies, associations, and co-founders

This account comes with three types of subscription; i.e. Essential, Business, and Enterprise account subscriptions.

Every subscription includes:

• Get physical card

• Virtual card

• • Account to separate your activities
  • Accountant access
  • Receive SWIFT transfers and international payments straight into your Qonto account
  • Pay internationally and directly from your Qonto app
  • Get digital receipts
  • Connect Qonto to your accounting tool
  • Access your unlimited transaction history and analytics

• 24/7 customer service support

• Transfers and direct debits

• 30-day free trial with no conditions at all

• • Accounting Pack (digital receipts, VAT auto-detection, custom labels, receipt forwards, certified receipts)
  • Make bulk transfers (such as combining paying bulk salary in one go)

• Team participation and access and assigning of tasks to team

• Cash checks feature

Essential account at €29 /month (excl. VAT):

Essential subscription offers essential banking services to assist you manage and conduct your activity as a team.

• • Get physical card, 2 members receive 2 One Cards (Business Mastercard) 
  • Make 100 SEPA transfers and direct debits (if exceeded incur extra charges) and 3 cash checks (extra checks charged at €2)
  • Get 5 accounts to separate your activities, each with unique and individual IBANs
  • Bookkeeping Pack (digital receipts, VAT auto-detection, labels, receipt forwards, certified receipts)

• Team participation and access and assigning of tasks to team (Admin, Employee, Accountant) max of 2 members (extra member is charged €5 per month)

• 24/7 standard customer support

Business account at €99 /month (excl. VAT):

Business account subscription is a complete package which includes the feature of spending management as a team.

• • Get physical card, 5 members receive 5 One Cards (Business Mastercard) 
  • Make 500 SEPA transfers and direct debits (if exceeded incur extra charges) and 10 cash checks (extra checks charged at €2)
  • Get 10 accounts to separate your activities, each with unique and individual IBANs
  • Bookkeeping Pack (digital receipts, VAT auto-detection, labels, receipt forwards, certified receipts)

• Team participation and access and assigning of tasks to team (Admin, Employee, Accountant) max of 5 members (extra member is charged €5 per month)

• Set guidelines for transfer requests needing approvals 
• Create virtual cards meant for your team’s one-off expenses for specific occasions; with their new Flash cards feature
• Set custom access and permissions to your managers to allow independent finance management; with their new manager role feature
• Automate recurring tasks and activities (coming soon)
• 24/7 customer high priority support with personalized service

Enterprise account at €249 /month (excl. VAT):

Enterprise account subscription is their complete full access package with the highest limits, features, and services.

• • Get physical card, 15 members receive 15 One Cards (Business Mastercard) 
  • Make 1000 SEPA transfers and direct debits (if exceeded incur extra charges) and 15 cash checks (extra checks charged at €2)
  • Get Unlimited accounts to separate your activities, each with unique and individual IBANs
  • Bookkeeping Pack (digital receipts, VAT auto-detection, labels, receipt forwards, certified receipts)

• Team participation and access and assigning of tasks to team (Admin, Employee, Accountant) max of 15 members (extra member is charged €5 per month)

• Set guidelines for transfer requests needing approvals 
• Create virtual cards meant for your team’s one-off expenses for specific occasions; with their new Flash cards feature
• Set custom access and permissions to your managers to allow independent finance management; with their new manager role feature
• Automate recurring tasks and activities (coming soon)
• 24/7 customer high priority support with personalized service
• Set team budgets using specified accounts, while being in control; with their new Team Budget feature (coming soon)

BUSINESS CREATORS PLAN

– offers major savings in your first year.

This account plan is subdivided into yearly and monthly subscriptions. The yearly subscriptions are: Basic Pack, Smart Pack, and Essential Pack.

The yearly subscription is as follows:

1. Basic Pack (Yearly Subscription) at €149 for the first year (excl. VAT): save €28 

This basic subscription provides the essentials for managing your activity as a self employed worker. 

• Make capital deposit in 72 hours
• Get physical card, for one member only receive One Card (Business Mastercard)
• Make 30 SEPA transfers and direct debits (if exceeded incur extra charges) 

1. Smart Pack (Yearly Subscription) at €249 for the first year (excl. VAT): save €48 (popular)

This Smart subscription provides complete accounting to help manage and simplify your banking.

• Make capital deposit in 72 hours
• Get physical card, for one member only receive One Card (Business Mastercard)
• Make 60 SEPA transfers and direct debits (if exceeded incur extra charges) and 2 cash checks (extra checks charged at €2)
• Accounting Pack (digital receipts, VAT auto-detection, custom labels, receipt forwards, certified receipts) to automate your accounting
• Upgraded features (multi-accounts, bulk transfers)

1. Essential Pack (Yearly Subscription) at €349 for the first year (excl. VAT): save €68 

This Essential pack subscription offers very essential banking services to assist you manage and conduct your activity as a team.

• Make capital deposit in 72 hours
• Get physical card, for 2 members only receive 2 One Cards (Business Mastercard)
• Make 100 SEPA transfers and direct debits (if exceeded incur extra charges) and 3 cash checks (extra checks charged at €2)
• Set custom access and permissions to your managers to allow independent finance management; with their new manager role feature
• Accounting Pack (digital receipts, VAT auto-detection, custom labels, receipt forwards, certified receipts) to automate your accounting
• Upgraded features (multi-accounts, bulk transfers)

The Monthy subscription is as follows: (no commitment)

The monthly subscriptions are: Basic, Smart, and Essential accounts.

1. Basic (Monthly Subscription no commitment) at €9 + €69 capital deposit fee (excl. VAT)
2. Smart (Monthly Subscription no commitment) at €19 + €69 capital deposit fee (excl. VAT)
3. Essential (Monthly Subscription no commitment) at €29 + €69 capital deposit fee (excl. VAT)

Every subscription includes:

• Get physical card

• Virtual card

• Account to separate your activities
• Receive SWIFT transfers and international payments straight into your Qonto account
• Pay internationally and directly from your Qonto app
• Get digital receipts
• Connect Qonto to your accounting tool.
• Access your unlimited transaction history and analytics
• 24/7 standard customer support

Basic account at €9 /month (excl. VAT):

• Get physical card, for one member only receive One Card

• Virtual card

• Apple Pay and Google Pay, with secure and instant payments

• • 1 account to separate your activities

• Transfers and direct debits

• Receive SWIFT transfers and international payments straight into your Qonto account at €5
• Pay internationally and directly from your Qonto app
• Get digital receipts
• Connect Qonto to your accounting tool
• Access your unlimited transaction history and analytics
• 24/7 standard customer support

Smart account at €19 /month (excl. VAT):

• Get 2 accounts to separate your activities

• Get physical card, for one member only receive One Card (Business Mastercard)

• • Make 60 SEPA transfers and direct debits (if exceeded incur extra charges) and 2 cash checks (extra checks charged at €2)
  • Make bulk transfers
  • Match forwarded receipts with their transactions automatically
  • Accounting Pack (digital receipts, VAT auto-detection, custom labels, receipt forwards, certified receipts) to automate your accounting

• Accountant acess

• Automate recurring tasks and activities (coming soon)

Smart account at €29 /month (excl. VAT):

• Get 5 accounts to separate your activities

• Get physical card, for 2 members only receive 2 One Cards (Business Mastercard)

• • Make 100 SEPA transfers and direct debits (if exceeded incur extra charges) and 3 cash checks (extra checks charged at €2)

• Team participation and access and assigning of tasks to team (Admin, Employee, Accountant) max of 2 members (extra member is charged €5 per month)

• • Match forwarded receipts with their transactions automatically
  • Accounting Pack (digital receipts, VAT auto-detection, custom labels, receipt forwards, certified receipts) to automate your accounting

• Accountant acess

• Automate recurring tasks and activities (coming soon)

MOBILE APP

Qonto offers a mobile app for virtual banking in the App Store and the Play Store.

HOW TO OPEN AN ACCOUNT WITH QONTO:

For both an existing company and a company currently being created; Qonto account opening is done and completed online on their website and takes less than 15 minutes.

What you need to do:

• Start the application here
• Present  the identity documents of the directors and shareholders (input required information pertaining to your partners and your company)
• Upload your ID so they can check and verify your identity

For a company already existing, account validation takes less than 24 working hours. Companies still being established or being created will receive the certificate of funds deposit via email within 72 hours once they receive the funds (the original version is sent by regular mail)

After verification and authentication, your bank account is open and you’re provided with your IBAN. Your set to then order your debit cards and benefit from the rewards and advantages Qonto provides.