Fees are administered in the following manner:
- Transaction fees are deducted from the received amount.
- Bank wire and bank transfer fees are deducted from the total amount deposited or withdrawn. For example, if you were to deposit $2000 USD by bank wire, the amount credited to your account would be $1990 USD (i.e $2000 deposit minus the $10 international bank wire deposit fee). Similarly, if you were to withdrawal $2000 USD by bank wire, the amount sent to your bank would be $1965 USD (i.e. $2000 withdrawal minus the $25 international bank wire withdrawal fee and 0.5% of withdrawal amount fee).