How can
we help you?

Graffiti letters
  1. FAQ
  2. Banking
  3. Opening your account

What are the bank and transaction fees?

Last updated: October 05, 2024

If you use bank accounts, payment gateways etc. to make or receive payments, the following fees may occur:

  • Bank/merchant account setup fees

  • Bank/merchant account maintenance fees

  • Gateway fees

  • Balance holding fees

  • Service fees per transaction charged by banks or gateways involved

  • Currency exchange fees

These fees are all considered business expenses, as long as the relevant transactions were related to your business activities.

Did this answer your question?