Paying for investments at Trine can be done through:
Direct bank payment (Trustly)
Trustly is a simple and fast online banking payments solution, enabling you as a consumer or merchant to make in and out payments using your bank account. If you use Trustly direct bank payment and exchange from SEK to EUR there is an exchange fee of 0,25% on top of the daily interbank exchange rate, which can be found on oanda.com.
Trustly's limit for direct transfers is 2200 euro. Money transferred over 2200 euros will be treated as a normal transfer and will take 1-3 bank days.
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.
Bank 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 bank 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.
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 request, please head to trine.nolt.io.