We will deduct £9.95 from your Monese Business account balance once a month.
We will not close your accounts if you do not have enough money in your Business account to cover the monthly fee, however, as you have been provided with a Plus plan or Classic plan current account, we may deduct the monthly fee of £4.95 for the Plus plan or Classic plan from this current account until such time that the Business account has sufficient funds to cover the monthly fee of £9.95 for both.
If you are on a Premium plan current account with your Business account, we will deduct £19.90 from your Monese Business account balance once a month.
We will not close your accounts if you do not have enough money in your account to cover the monthly fee, however, as you have been provided with a discounted Premium plan current account, we may deduct the monthly fee of £14.95 for the Premium plan from this current account until such time that the Business account has sufficient funds to cover the £19.90 monthly fee.