What are the fees for transferring digital currencies using Citibank's ACH service?
Kreshanth KolaApr 30, 2023 · 2 years ago3 answers
Can you please provide detailed information about the fees associated with transferring digital currencies using Citibank's ACH service? I would like to know the costs involved before deciding to use this service.
3 answers
- Madhav AgarwalDec 07, 2021 · 4 years agoWhen it comes to transferring digital currencies using Citibank's ACH service, there are a few fees to consider. First, Citibank charges a standard transaction fee for each transfer. The exact amount may vary depending on the type and amount of digital currency being transferred. Additionally, there may be network fees associated with the specific blockchain network used for the transfer. These fees are typically determined by the network itself and can vary greatly. It's important to check with Citibank or the specific blockchain network for the most up-to-date fee information.
- Marcos_CastilloFeb 06, 2025 · 6 months agoTransferring digital currencies using Citibank's ACH service incurs certain fees. The transaction fee charged by Citibank is typically a percentage of the transferred amount. Additionally, there may be network fees imposed by the blockchain network used for the transfer. These fees can vary depending on the network's congestion and the size of the transaction. It's advisable to check with Citibank or the respective blockchain network for the latest fee details.
- Sumon BoseMay 23, 2025 · 2 months agoWhen transferring digital currencies using Citibank's ACH service, it's important to consider the associated fees. Citibank charges a transaction fee for each transfer, which is typically a percentage of the transferred amount. Additionally, there may be network fees imposed by the blockchain network used for the transaction. These fees can vary depending on factors such as network congestion and transaction size. It's recommended to contact Citibank or the specific blockchain network for accurate and up-to-date fee information.
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