Fee Schedule
Magna Porta transparent pricing for FX Conversion Services, Payout Services, and Collection Services
FX Rates
Foreign Exchange Conversion Rates by Currency Group
| Currency Group | Rate |
|---|---|
|
Currency Group 1 AUD, CAD, EUR, GBP, HKD, JPY, NZD, SGD, USD |
0.90% |
|
Currency Group 2 CNY*/CNH, DKK, HUF, HRK, NOK, RON, SEK |
0.95% |
|
Currency Group 3 IDR, PHP, THB |
1.10% |
|
Currency Group 4 INR, KRW, MYR, PKR |
1.20% |
|
Currency Group 5 Any currency not identified in this table |
1.70% |
Collections
Fees for receiving funds into your Global Account
| Service | Fee |
|---|---|
|
Global Account Creation Fee |
$0 |
|
Global Account Receiving Funds Fee (KRW collections) |
0.60% |
|
Global Account Receiving Funds Fee (other currencies) |
0% |
Payouts
Fees for sending payments from your account
| Service | Fee |
|---|---|
|
Payout in CNY |
0.10% |
|
Local Payout Fee |
$0 |
|
SWIFT (SHA) Payout Fee Both the client (sender) and beneficiary will pay fees to the sending bank |
$20 per payout |
|
SWIFT (OUR) Payout Fee The client pays for the wire transfer fees charged by intermediary banks |
$35 per payout |
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