For local currency settlements, it's 5 USD per settlement if it's less than 1,000 USD, but free for amounts above. For wire transfers (USD/Foreign Currency), it's 35 USD per settlement if it's less than 100,000 USD, and free for amounts above
The cost of settling funds with Tazapay depends on the amount and the currency involved:
- Local Currency Settlements:
- For amounts less than 1,000 USD, there is a fee of 5 USD per settlement.
- If the settlement amount is above USD 1,000, the settlement is free.
- Wire Transfers (USD/Foreign Currency) Settlements:
- For amounts less than 100,000 USD, the fee is 35 USD per settlement.
- And for amounts above 100,000 USD, the settlement is completely free of charge.
These fees help us cover the operational costs associated with processing and ensuring the secure transfer of your funds.