With the COMMITLY Account and the COMMITLY Cards , business banking can be managed directly in COMMITLY, fully integrated into liquidity planning and cash flow.
COMMITLY Account & Cards enable:
A full-featured business account directly in COMMITLY
Virtual IBANs for clear payment allocation
Virtual & physical company cards for the whole team
Full control over limits and permissions
Instant cash flow integration for a perfect overview
Receipt management directly with card payments
Via the activation banner in the application, a real business account can be opened with COMMITLY, including:
A German IBAN
Any number of virtual IBANs
Modern online banking directly in COMMITLY
Virtual IBANs – perfect for structure & allocation
Virtual IBANs can be created flexibly and used for different purposes, e.g.:
Separate income by customer, project, or location
Rentals: assign a separate IBAN to each apartment
Identify payments unambiguously
Greater transparency across all inflows and outflows
All movements of the virtual IBANs flow together centrally into the COMMITLY Account and are immediately visible in the cash flow.
COMMITLY company cards – flexible for your team
With COMMITLY, you can issue any number of company cards as needed:
Virtual cards (ready to use immediately)
Physical cards (for in-person payments)
These can easily be assigned to employees and managed centrally.
For each card, you can:
Set spending limits
Define time periods (e.g. monthly)
Activate/deactivate cards
Track payments in real time
In addition, cards can be added to Apple Wallet or Google Wallet , for instant, secure mobile payment.
Seamlessly integrated into the cash flow
Every card payment is shown in the COMMITLY cash flow immediately – with no waiting time or additional imports.
The following functions are available:
Map transactions as usual
Upload receipts directly to card payments
Have cash flow and reports updated automatically
Thanks to the seamless cash flow integration, all card payments are reflected in liquidity planning in real time.
This creates maximum transparency over current expenses – without manual exports, without Excel rework, and without delay.
This puts receipt chaos in the past. Everything in one application – no media breaks.
Fees when using the COMMITLY Account & Card
Usual banking transactions within normal use, such as transfers in the SEPA area, are free of charge. When using the COMMITLY Account & Card, additional fees charged directly in the banking by our partner Swan may apply to banking services:
Function | Cost |
Physical debit card (optional) | €5 per month |
Virtual debit card (Apple/Google Pay) | €0 |
Scheduled transfers | €0 |
Standing orders | €0 |
Domestic transfers (incoming + outgoing) | €0 |
Transfers (incoming + outgoing) within the SEPA zone (see below) | €0 |
Instant transfers | €0 |
ATM withdrawals within the SEPA zone | €1 |
Non-EUR transfers (see full list below) | €5 + 0.6–5% of the amount |
ATM withdrawals outside the SEPA zone | 2% of the amount withdrawn |
Rejection of a SEPA direct debit | €10 |
Payment for goods and services not in euros | 2% of the amount paid |
Receive an online payment with a commercial card issued in the European Economic Area | €0.25/transaction + 2.5% of the transaction amount |
Receive an online payment with a consumer card issued in the European Economic Area | €0.25/transaction + 1.2% of the transaction amount |
Receive an online payment with a commercial or consumer card issued outside the European Economic Area | €0.25/transaction + 2.9% of the transaction amount |
Chargeback on an online card payment | €20 |
Check deposit | €2 per check |
Returned check | €2 per check |
Rejected check | €2 per check |
Account confirmation letter issued by Swan for a legal entity | €45 |
Issuance of documents | €20 per document issued |
Processing of court or official garnishments, third-party debtor orders | An amount of 10% of the third-party debtor order, up to a maximum of €100 per case |
Misuse of the account (attempted or actual actions that violate the law or the account agreement) | €150 |
Processing fees for the management of an unauthorized overdraft | €8 per transaction, up to €80 per month |
Possible additional merchant fees, over which COMMITLY and our partner Swan have no influence, may apply. Details here.
Countries within the SEPA zone
Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, the United Kingdom, San Marino, Vatican City, Andorra, Monaco, Iceland, Norway and Liechtenstein.
Fees for incoming and outgoing transfers in foreign currencies (coming soon)
Currency | Cost |
PLN, HRK, HUF, CZK, RON, DKK, | €5 + 0.6% |
KES, PKR, MXN, INR, VND, MYR, | €5 + 1% |
UGX, ARS, NPR, EGP, TZS, BRL, | €5 + 2% |
BWP, UYU, FJD, COP, MAD, CRC, | €5 + 5% |