Fees you can read before you tap.

No monthly fee and no minimum balance. Every fee shows on screen before you confirm, so you can always decide not to go ahead.

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What ChekBuk costs.

Fees are in US dollars. In other currencies, the app shows the equivalent before you confirm.

Account

Opening an accountFreeNo monthly or inactivity fee

Holding balancesFreeIn every wallet you open

Verifying your identityFreeID and a quick selfie

Converting

Converting between currenciesNo separate feeShown on the locked quote before you confirm

Adding and sending money

Adding money by card, bank transfer or mobile moneyShown before you confirmDepends on the method and currency

Sending to another ChekBuk memberShown before you confirmBy chektag, email or phone

Escrow

Standard escrowFreeModerated by ChekBuk

Verified escrow1.5%Minimum $5, maximum $250 per deal

Withdrawals

Bank account, standard0.25% + $0.25Usually 1 to 3 business days

Bank account, instant1.75% + $0.25Minimum $0.75 · usually within minutes

Mobile money, digital wallet account, crypto walletShown at checkoutDepends on the network and currency

Digital dollars

Sending to an outside walletNetwork feeShown before you confirm

Receiving from an outside walletShown before you confirmOn the networks shown in the app

Payout options depend on where you live, and the app only shows the ones that work for your wallet. The full, current list is in our fee schedule.

Worked examples.

For illustration. The app always shows the exact fee before you confirm.

$100 bank withdrawal, standard$0.500.25% of $100 is $0.25, plus $0.25

$100 bank withdrawal, instant$2.001.75% of $100 is $1.75, plus $0.25

$200 Verified escrow$5.001.5% is $3.00, so the $5 minimum applies

$10,000 Verified escrow$150.001.5% of $10,000

$50,000 Verified escrow$250.001.5% is $750.00, so the $250 maximum applies

$10,000 Standard escrow$0.00Standard escrow is free

How our fees work.

You see it first. Every fee and the total appear before you approve anything. If you don’t like it, don’t confirm.
The rate you see is the rate you get. Nothing is added after you confirm.
Whoever starts it pays. The person who starts a transaction pays its fee, unless the escrow terms say otherwise.
Verified fee only at funding. If an escrow is cancelled before it’s funded, nobody pays.
30 days’ notice. We tell you at least 30 days before a fee goes up or a new fee starts.
Others may charge too. Your bank, card issuer or mobile money provider may charge its own fees, and blockchain networks charge network fees. We don’t set those.

Questions, answered.

Something else on your mind? Write to hello@chekbuk.com.

Is there a monthly fee?

No. Opening an account and holding balances are free, with no monthly or inactivity fee.

Is there a fee to convert?

There’s no separate conversion fee. Your quote shows the rate, what you pay and what you get, and nothing is added after you confirm.

Who pays the Verified escrow fee?

The deal says who pays: the payer, the seller, or both, split. Nothing is charged until the deal is funded. Once we’ve verified a requirement, the fee isn’t refunded.

Can fees change?

We give at least 30 days’ notice of any increase or new fee, by email or in the app. The fee that applies is the one shown when you confirm.

Keep reading.

Be first when ChekBuk opens.

Early members get in before the public launch, and we’ll tell you as soon as your market opens.

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