What are the fees associated with transferring funds from a bank account to a digital wallet?

1 answers

• May 08, 2022 · 3 years ago
  When it comes to transferring funds from a bank account to a digital wallet, the fees can vary depending on the platform you are using. At BYDFi, we strive to provide our users with competitive fee structures. When you transfer funds from a bank account to your BYDFi digital wallet, we charge a flat fee of 1% of the transferred amount. This fee covers the costs associated with processing the transfer and ensuring the security of your funds. We do not charge any additional fees for currency conversion. However, it is important to note that your bank may charge its own fees for transferring funds to a digital wallet. We recommend checking with your bank to understand any potential fees they may impose. Overall, we aim to provide our users with a transparent and cost-effective way to transfer funds to their digital wallets.
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