Devere Vault
Devere Vault offers services that include a streamlined, entirely-online sign-up process for businesses, providing corporate clients with instant support wherever and whenever needed.
Account Types
Personal Plans
| Feature | €20 / month | FREELANCER |
|---|---|---|
| Monthly Fee | €20.00 | €7.00 |
| Annual Fee | - | - |
| Minimum Balance | - | - |
| Fee Currency | - | - |
| Free ATM Withdrawals | - | - |
| Billing Model | - | - |
| Free Tier | No | No |
Business Plans
| Feature | BUSINESS PLUS | Vault Business |
|---|---|---|
| Monthly Fee | €250.00 | €50.00 |
| Annual Fee | - | - |
| Minimum Balance | - | - |
| Fee Currency | - | - |
| Free ATM Withdrawals | - | - |
| Billing Model | - | - |
| Free Tier | No | No |
Visit the provider website for detailed plan comparisons and features
Business Features
BUSINESS PLUS
Vault Business
Fees & Limits
| Route | Fee Structure | Min/Max |
|---|---|---|
| SEPA (EUR) | €1.00 | No limit Fee of €1/£1 for SEPA or Faster Payments bank transfers to load Vault account. |
| Faster Payments (EUR) | €1.00 | No limit Fee of €1/£1 for SEPA or Faster Payments bank transfers to load Vault account. |
| International (SWIFT) | €20.00 | No limit Incoming EUR, GBP, and USD SWIFT transfers are charged €20/£20/$20. |
| International (SWIFT) | Free | No limit SWIFT payment charges depend on beneficiary country tier: Tier 1 - £14, Tier 2 - £17, Tier 3 - £28, Tier 4 - £35. |
| Fee | Details | Amount |
|---|---|---|
| Other Fees | ||
| Debit Card Loading Fee (EEA Issued Card) | A fee of 0.5% is applied to the value loaded if the debit card is issued by a bank in the European Economic Area (EEA). | €0.50 |
| Debit Card Loading Fee (Non-EEA Issued Card) | A fee of 3% is applied to the value loaded if the debit card is issued by a bank based outside the EEA region due to higher bank charges. | €3.00 |
| Bank Transfer Loading Fee | SEPA or Faster Payments bank transfers incur a fixed fee of €1/£1. | €1.00 |
Cards
No card information available
Security & Compliance
Regulation
- Bank of LithuaniaLicensed in LT.
- Financial Conduct AuthorityLicense: 900709. Licensed in GB.
App Security
Support & Platforms
Available Platforms
Additional Features
Startup account
For startups with less than €200,000 of incoming funds per month.
+€20.00
Business Plus account
For businesses with more than €2,000,000 of incoming funds per month. Streamlines finances and offers premium services.
+€250.00
Open a business account under your personal name
Allows freelancers to open a business account in their personal name.
+€7.00
Business account
For businesses with incoming funds from €200,000 to €2,000,000 per month.
+€50.00
Integration with Currency Cloud
Funds are transferred out of Vault accounts to bank accounts using the global payments and foreign exchange firm Currency Cloud.
Payroll management
Easy-to-use payroll service that allows instant bulk transfers to employees and suppliers.
Virtual prepaid Mastercard
Issue a virtual prepaid Mastercard which can be shared with employees to facilitate corporate expenditure securely and efficiently, with spending limits and card freeze capabilities.
Eligibility
Residents Can Open Account (31)
Supported Currencies4 currencies
Local Account Details4 accounts
Accounts are e-money accounts held in client trust accounts, not traditional bank accounts. The Vault account is issued under EU licensing with safeguarding by Bank of Lithuania.
Accounts are e-money accounts held in client trust accounts, not traditional bank accounts. The Vault account is issued under EU licensing with safeguarding by Bank of Lithuania.
Accounts are e-money accounts held in client trust accounts, not traditional bank accounts. The Vault account is issued under EU licensing with safeguarding by Bank of Lithuania.
Accounts are e-money accounts held in client trust accounts, not traditional bank accounts. The Vault account is issued under EU licensing with safeguarding by Bank of Lithuania.