Fees and Limits

BABB Fee Structure 

 

UK local deposits in GBP into a Babb e-money account are not chargeable. These include the following:

• GBP deposit from a UK bank account into a Babb e-money wallet – 0%
• Deposit from a UK debit card into a Babb e-money wallet – 0%

All non-UK deposits, or UK deposits in non-GBP currency into a Babb e-money account are chargeable. These include the following:

• Non-UK deposits into Babb e-money wallet – FX conversion fees apply.
  (Also, please note that your bank or an intermediary bank may charge you in addition.)
• Non-GBP deposits into Babb e-money wallet – FX conversion fees apply.
  (Also, please note that your bank may charge you in addition.)

 

 

Transfer to a user:

• Transfer GBP from Babb e-money wallet to Babb e-money wallet – 0%

For GBPx Purchases:

• Purchase of GBPx with GBP – 0%
• Purchase of GBP with GBPx – 0%

UK local withdrawals in GBP into a UK bank account are not chargeable. These include the following:

• GBP withdrawal from a Babb e-money wallet into a UK bank account – 0%

ReDeFi

 

All deposits from external wallets and accounts into a Babb wallet are not chargeable. These include the following:

• Crypto Deposit from external sources into a Babb Crypto wallet – 0%
• CurrencyX Deposit from external sources into a Babb Crypto wallet – 0%

CurrencyX Purchases via card:

• USDx and GBPx purchase with card – 0%
  (FX markup applies if the payment currency and the wallet currency are different.
  Please note that your card issuer may charge you in addition)

CurrencyX Purchases via bank transfer:

• USDx and GBPx purchase with card – 0% (FX markup applies if the payment currency and the wallet currency are different. Please note that your bank or an intermediary bank may charge you in addition)

Internal Transfer:

• All internal transfers are not chargeable.
• Cryptocurrency internal transfer – 0%
• CurrencyX internal transfer – 0%

Currency conversion (crypto): 0% fees

• ETH to BAX
• BAX to ETH
• BTC to BAX
• BAX to BTC
• USDT to BAX
• BAX to USDT
• USDT to BTC
• BTC to USDT
• USDT to ETH
• ETH to USDT

**Up to a 1.99% exchange rate markup may apply depending on the market conditions and volatility.**

Currency conversion (CurrencyX): 0% fees

• GBPx to USDx
• USDx to GBPx
• RIALxS to USDx
• RIALxA to USDx

**Up to a 1.49% exchange rate markup may apply depending on the market conditions and volatility.**

 

Currency conversion (Hybrid): 0% fees

• GBPx to BAX
• BAX to GBPx
• GBPx to BTC
• BTC to GBPx
• GBPx to ETH
• ETH to GBPx
• USDx to BAX
• BAX to USDx

**Up to a 1.99% exchange rate markup may apply depending on the market conditions and volatility.**

Withdrawal fees:

 

Withdrawals from any Babb app wallet/account to an external wallet or account, including:

• Peer-to-peer CurrencyX transfer from a Babb wallet to an external network wallet –  gas/network fees
• Peer-to-peer crypto transfer from a Babb wallet to an external network wallet – gas/network fees
• CurrencyX cash out into fiat – 0.99% on BABB CurrencyX to fiat withdrawals in the form of a bank account transfer. If withdrawal currency and the external bank account currency are different, conversion fees apply additionally.