Paying for investments at Trine can be done through:
Direct bank payment (Trustly)
Trustly is a simple and fast online banking payment solution that enables you to make payments directly from your bank account.
Please note that Trustly is only available to investors based in Sweden, Norway, and Finland.
If you use Trustly to pay for your investment and your bank account is in SEK, your payment will be converted to EUR. An exchange fee of 0.25% is applied on top of the daily interbank exchange rate, which can be found on oanda.com.
Trustly's limit for direct bank payments is EUR 2,200. Payments above EUR 2,200 will be processed as a standard bank transfer and typically take 1–3 banking days to arrive. More information is available at trustly.com.
UK Investors
As a result of Brexit and new regulations, we are no longer able to offer investors from the UK the option to pay with Trustly.
Card Payments
Trine does not charge additional fees for card payments; however, some banks or card providers might charge for the currency exchange from your local currency to EUR. This fee varies between different banks and card providers.
Wire transfer (SEPA - Single Euro Payments Area)
SEPA transfer is a credit transfer in compliance with the European credit transfer standard. It can be used for all types of euro payments within the single euro payments area. With SEPA, sending your money within the eurozone is as easy as making your usual domestic wire transfers.
Are there any SEPA transfer charges?
SEPA transfers generally cost the same amount as a local domestic bank transfer, which means that they’re usually free. However, a small number of banks may charge you an extra fee for SEPA transfers if they also charge an extra fee to make local bank transfers within the same country.
There may be an extra currency conversion fee if multiple currencies are involved. For example, if you’re sending money from your SEK account to another EU country, your Swedish Krona would have to be converted into euros. This can sometimes incur additional bank charges, so be sure to check with your bank before initiating a SEPA transfer from a different currency.
Wallet
If you have funds available in your Trine Wallet, you can use them to reinvest. You can find more information here: Can I reinvest?
We are always striving to find the most efficient payment options for our investors and are continuously looking to improve our offering. If you have any specific payment option requests, please head to trine.nolt.io.
If you have any questions or concerns, we are here to help. Reach out to us at hello@trine.com.