You can receive, hold, convert and send money across different currencies on Send App. But how much does it actually cost?
Opening a Multi-Currency Account on Send App is free, and there are no monthly maintenance fees. However, some transactions may come with a charge, depending on what you're doing.
Here's a breakdown of what you can do for free and where fees apply.
What can you do for free?
With Send App Multi-Currency Accounts, you don't pay for:
Opening an account: Create your supported currency accounts at no cost.
Monthly maintenance: No monthly fees for keeping your accounts.
Adding money: Fund eligible balances without an additional Send App funding fee.
Receiving stablecoins: Receive supported stablecoins, including Ripple USD (RLUSD), USDC and USDT, for free when the feature is available to you.
Eligible transfers within Send App: Move money through supported fee-free transfer options.
Which transactions come with a fee?
Some transactions attract charges, depending on the currency, destination or type of transfer.
Currency conversion: The available exchange rate and any applicable fees are shown before you confirm.
Converting between regular currencies and stablecoins: A 1.5% spread is included in the exchange rate.
Sending stablecoins to external wallets: A withdrawal fee applies.
Sending money to external bank accounts: Fees depend on the currency and where you're sending money.
How do you know what you'll pay?
You don't have to guess.
Before confirming a transfer or conversion, Send App shows you the applicable fees, exchange rate and how much the recipient will receive.
Take a moment to review those details so you know exactly what the transaction will cost.
Ready to get started?
Open Send App, go to Balances and choose the currency you want to set up.
You can create your account for free and start managing money across supported currencies.
Fees, exchange rates and available features may vary depending on the transaction and account eligibility. Always review the final details before confirming.