Manager.one review

The monthly fee is €29.99 on the business account, which sits against a site median of €0 and a site high of €449. Included transfers soften it: a set number of outgoing SEPA transfers each month come with no upper limit.

The currency conversion fee is 2.5%, above the site median of 0.5% and close to the site high of 7%. A business that rarely converts may never trigger it, while firms paying suppliers abroad pay it on every conversion they make.

Deposits are covered by the EU deposit guarantee scheme, with cover of EU DGS up to EUR 100,000. The account is run by a French bank supervised by ACPR, and the firm also appears on the OIAS register, the French directory of financial services providers.

The term runs 3 to 24 and the rate stays fixed for the period. Early exit is possible at any time with a minimum notice period, but part of the interest is lost and a penalty applies depending on the exit date.

The minimum deposit is €10,000. The account is subscribed, funded and managed entirely online through the client interface, and the application takes a couple of business days to complete, with no branch visit needed.

A set number of outgoing SEPA transfers each month are included with no upper limit, and incoming SEPA transfers are unlimited. Outgoing non-SEPA transfers take a percentage with a minimum charge, incoming non-SEPA transfers take a flat fee, and a net-of-fees beneficiary option costs a set amount.

The account is built for businesses and issues a local IBAN, the only local detail listed. Currency conversion costs 2.5%, so cross-border payments work but carry a price above the site median of 0.5%.

Support runs on email, phone and help centre, so email, phone and the help centre are all open to you. The service is aimed at business users rather than personal accounts. Reach it early if a transfer goes wrong, since the account runs fully online.