Escrow Fees
Our neutral banking facility (Escrow provider) charges Customer users a small transaction fee to store and protect their money safely. Customer users are charged EACH TIME they fund a work package wallet via a secure bank wire payment. The fee incurred depends on the value of the payment made into each wallet, they are calculated at 1.5% of the top of the price bracket as listed below. Please note that all international transactions incur an additional transaction fee of £5.00 per payout.
No payments are made within the Kiistone app. Payment details are provided within the app, then the user makes a bank transfer from within own bank account.
Payments Between | Transaction Fee (inc VAT) |
---|---|
£0 - £2,499.99 | £37.50 |
£2500 - £4,999.99 | £75 |
£5000 - £7,499.99 | £112.50 |
£7,500.00 - £9,999.99 | £150 |
£10,000.00 - £14,999.99 | £225 |
£15,000.00 - £19,999.99 | £300 |
£20,000.00 - £29,999.99 | £450 |
£30,000.00 - £49,999.99 | £750 |
£50,000.00 - £74,999.99 | £1125 |
£75,000.00 - £99,999.99 | £1500 |
£100,000.00 - £124,999.99 | £1875 |
£125,000.00 - £149,999.99 | £2250 |
£150,000.00 - £174,999.99 | £2625 |
£175,000.00 - £199,999.99 | £3000 |
£200,000.00 - £224,999.99 | £3375 |
£225,000.00 - £249,999.99 | £3750 |
Contact Us for single payments above £250,000.00
Please Note: All transaction fees are non refundable.