xapo BANK fees
name of the account provider:
Xapo Bank Limited
account name:
Xapo account
date:
08 November 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:
06 Wealth fees
Buying Stocks:
Example:
You buy 1000 USD of Apple at 145 USD a share (6.897 shares in AAPL)
- 1% of trade value = 10 USD
Selling Stocks:
(max. 7.27 USD, min. 0.01 USD per trade)
(min. 0.01 USD per trade)
Example:
You sell 1000 USD of Apple at 145 USD a share (6.897 shares in AAPL)
- TAF = 0.000145 USD per share, or 0.000145*6.897 = 0.001, rounded up to minimum of 0.01 USD
- SEC Fee = 0.000008 USD multiplied by the transaction value, or 0.000008*1000 = 0.008, rounded up to the minim of 0.01 USD
- 1% of trade value = 10 USD
- 0.01 + 0.01 + 10 = 10.02 USD
Glossary of Terms
Services and definitions
Services
definition
Xapo VAsp FeeS
01 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.
02 Wallet
- if you deposit less than BTC 0.0007, Xapo Bank may credit you with BTC 0.
- This fee is applicable only for deposits below BTC 0.0007. We don't charge deposit fees for larger deposits.
For example:
Deposits below BTC 0.0007 are charged a variable transit fee dependent on transaction size and current Bitcoin network fees. The variable fee depends on the market conditions.
03 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
04 Crypto Wealth fees
Buying:
Example:
You buy 100 USD of ETH when ETH is worth 1500 USD (0.067 ETH)
- 1% of trade value = 1 USD
Selling:
Example:
You sell 134 USD of ETH when ETH is worth 2000 USD (0.067 ETH)
- 1% of trade value = 1.34 USD