xapo BANK fees
name of the account provider:
Xapo Bank Limited
account name:
Xapo account
date:
06 September 2023
This document informs you about the fees for using the main services linked to the payment account. It will help you to compare these fees with those of other accounts.
Fees may also apply for using services linked to the account which are not listed here. Full information is available in the Fees Section of the Xapo Bank Limited Terms & Conditions.
A glossary of the terms used in this document is available free of charge.
01 General Account Services
Includes a package of services consisting of: USD bank account, international premium debit card and an ultra-secure Vault that supports USD. Services beyond these may be charged separately.
02 payments (excluding cards)
03 cards and cash
replacement of card:
04 overdrafts and related services
05 other services
airport lounge access:
Glossary of Terms
Services and definitions
Services
definition
Xapo VAsp FeeS
Transaction Fees
Internal bitcoin transactions between Xapo accounts are not subject to processing fees.
The cost to send transactions via the bitcoin network constantly fluctuates. Since the cost to process both incoming and outgoing transactions is continuously changing, we recommend always checking this information!
Outgoing transactions from your Xapo account to an external address will be charged a standard fee which will be displayed on the confirmation screen. You can choose to pay a higher priority fee in order to have your transaction processed more quickly! These fees are dynamically calculated at the time of the transaction, so what is shown here are only the current fees and they are always changing.
Wallet
Incoming bitcoin transactions to your Xapo Wallet equal to BTC 0.00000816 or less are subject to a special processing fee of BTC 0.00000544 so as to cover the transaction cost of the bitcoin network. This special processing fee will be automatically deducted from the respective transaction.
Lightning Network
Xapo does not charge a fee for Lightning network payments.
Lightning network charges a small variable transaction fee for each transfer. We fixed the fee to 15 SAT to protect our members from unreasonably high transaction fees. If the fee is above 15 SAT, the transaction will fail. When the fee is below 15 SAT, Xapo will keep the difference
For example:
- If you receive more than BTC 0.00000816, no fee applies.
- If you receive more than BTC 0.00000544 and up to BTC 0.00000816, then a fee of BTC 0.00000544 will be deducted. The amount to be credited will be the difference between the incoming amount and the processing fee.
- If you receive less than BTC 0.00000544, then a fee equivalent to the amount received will be charged. In this case, the amount to be credited is 0.
Amount received
Fee
More than BTC 0.00000816
0
Between BTC 0.00000544 and BTC 0.00000816
BTC 0.00000544
Less than BTC 0.00000544
Total amount received