The annual supervisory fee can be paid using one of the following payment methods:
SEPA direct debit is the recommended payment method.
The ECB first notifies the fee debtor of an upcoming direct debit payment, and then initiates a direct debit process so that the supervisory fee is credited to the ECB’s bank account by the due date.
A SEPA core direct debit mandate entitles the fee debtor:
For credit transfers via SEPA or TARGET2, the fee debtor initiates the payment of the supervisory fee by the due date. A payment is considered to have been paid by the due date if the full amount is credited to the ECB’s bank account within 35 days of the issuance of the fee notice.
The ECB issues supervisory fee notices annually to each fee debtor.
If payments are not made on time or in full, the ECB is entitled to charge interest.
Interest will accrue on a daily basis on the outstanding amount at an annual rate equal to the ECB’s main refinancing rate plus 8 percentage points from the date on which the payment was due.
For general queries about the fee notice, please visit the frequently asked questions section or contact us at SSMfirstname.lastname@example.org.