Pricing
Free Services
Registration on the Platform for exporters and importers (“Companies”) and banks is always free of charge.
No regular fees (e.g. monthly fees) are charged for the use of the Platform.
For importers and SMEs, the use of all Platform functions is free of charge. An SME is always an exporter who must also fulfil at least one of the 3 following criteria:
- not more than 249 employees or
- Annual turnover of max. 50 million euros or
- Balance sheet total von max. 43 million euros
For exporters, the first financing request is free of charge.
The submission of a bid is free for all those banks that do not make it onto the shortlist of a company’s search request. The shortlist refers to the one or two bank offers that the company selects after the self-imposed deadline.
Fee-based Services
Fees for Exporters
Exporters pay a flat rate
- 99 euros for each request for a confirmed letter of credit and
- 249 euros for each buyer credit request.
- The first financing request is free of charge.
Fees for Banks (non-binding offer)
When banks make non-binding offers, they only pay a fee to X-Tron if their offer has been shortlisted after the tender deadline (“success case”). The costs are then tiered as follows, depending on the financial product:
1. Confirmed letter of credit (non-binding offer)
- 300 euros with only one bank on the shortlist
- This fee is lowered to 150 euros per bank in the case of two banks on the shortlist.
- Short-listed core banks of the exporter also receive a discount of 30%.
2. Buyer credits (non-binding offer)
- 900 euros with only one bank on the shortlist
- This fee is lowered to 450 euros per bank for two shortlisted banks.
- Short-listed core banks of the exporter also receive a discount of 30%.
Fees for Banks (binding offer)
When banks make binding offers, they only pay a fee to X-Tron if their offer has been shortlisted after the tender deadline (“success case”). The costs are then tiered as follows, depending on the financial product, the OECD category of the country of destination and the binding nature of the offer:
1. Confirmed letter of credit (binding offer) / only one bank on the shortlist
- OECD category 1 – 3: 2 basis points on the LC amount + 300 Euro
- OECD category 4 – 5: 4 basis points on the LC amount + 300 Euro
- OECD Category 6 – 7: 9 basis points on the LC amount + 300 Euro
- The fee is capped at EUR 7,000.
- Short-listed house banks of the exporter receive a discount of 30%.
Example: 2 million euros confirmed letter of credit for Turkey (category 5): 770 euros for the short-listed house bank.
2. Confirmed letter of credit (binding offer) / two banks on shortlist
If there are two banks on the shortlist, the banks share the above fee in a ratio of 1:1.
Example: 2 million Euro buyer credit for Turkey (category 5): 385 Euro each for the two shortlisted house banks.
3. Buyer credits (binding offer) / only one bank on the shortlist
- OECD Category 1 – 3: 1 basis point on the loan amount + 2,000 Euro
- OECD Category 4 – 5: 3 basis points on the loan amount + 2,000 Euro
- OECD Category 6 – 7: 5 basis points on the loan amount + 2,000 Euro
- The fee is capped at EUR 10,000.
- Short-listed house banks of the exporter receive a discount of 30%.
Example: 10 million euro buyer credit for Turkey (category 5): 3,500 euros for the short-listed house bank.
4. Buyer credits (binding offer) / two banks on the shortlist
If there are two banks on the shortlist, the banks share the above fee in a ratio of 1:1.
Example: 10 million euro buyer credit for Turkey (category 5): 1,750 euros each for the two short-listed house banks.
All prices are exclusive of VAT. Details of pricing for corporates and banks are subject to change from time to time.
