Yes, transfers between accounts with different base currencies are possible. For transfers under 10,000 USD, a fee of 1% will be deducted based on the current FX rate.
Example: Transferring 100 USD from a USD account to an EUR account results in 99 USD being transferred to the EUR account after a 1% fee.
For transfers of 10,000 USD or more, fees are structured as follows:
- 0.75% for transfers up to 50,000 USD
- 0.50% for transfers up to 100,000 USD
- 0.20% for transfers up to 500,000 USD
- 0.10% for transfers up to 1,000,000 USD
- 0.05% for amounts exceeding 1,000,000 USD