Which currencies have a fixed rate and fee available?

Currently, fixed rates and fees are available for two currencies:

  • EUR Visa/Mastercard;
  • USD Visa/Mastercard.

For example, if you want to send EUR using Visa/Mastercard payment systems, there will be a fixed rate and a network charge of 2 EUR + 2% indicated. These fees are deducted from the amount to be sent.

 

Toggle off “Display amount with fee” — shows the payment amount without the fees included.

If the payment service indicates both fees, the fixed rate is charged first, and then the percentage is deducted from the received amount. Thus, the percentage fee will be lower and won’t depend on the fixed rate.

The amount specified in the withdrawal form, namely 1000 EUR, will have a fixed rate of 2 EUR and 2% deducted from the resulting amount.

 

The calculation formula is 1000 – 2 – ((1000 – 2) * 0.02) = 998 – 19.96 = 978.04.

The fee for 1000 EUR will be 21.96 EUR. After sending the funds, you will receive 978.04 EUR to your account.

 

Toggle on “Display amount with fee” — shows the payment amount with the fees included.

In this case, the fixed fee will also be taken from the amount to be sent, and then the percentage fee will be charged.

If you want to receive an exact amount of 1000 EUR to your account, you need to deduct the fixed rate first, then the 2% fee, and add them to the initial amount. You should send 1022.41 EUR to receive 1000 EUR to your balance.

 

The fee calculation formula is (1022.41 – 2) * 0,02 + 2 = 20,41 + 2 = 22.41 — this is the 2 EUR + 2% fee that must be added to the sending amount to receive 1000 EUR to your account. Therefore, 1000 + 22.41 = 1022.41.

 

The funds crediting formula is 1022.41 – 2 – ((1022.41 – 2) * 0.02) = 1020.41 – (1020.41 × 0.02) = 1020.41 – 20.4082 = 1000 — we get the final amount to be credited to the account.

 

A complete list of supported payment systems, fees, and limits for the deposits and withdrawals of state currencies can be found on the “Fees” page in the “National currency” section.

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