An initial establishment fee and an annual management fee will be charged by the QNUPS provider.
Establishment fee – the fee is up to 1,000 €. The fee will cover the admission of the member to the scheme and the completion of customer due diligence.
The Annual Trustee QNUPS fees that providers charge are on average 1,200 €. They are based on time spent, the complexity of the work undertaken and the level of staff required to complete the work.