Fiat Handling Fee Update-30 Jun 2023

Fellow ABCCers,

ABCC will update the Fiat Handling Fee for both deposit and withdrawal with effect from 30 June 2023.

The revised actual fee is illustrated below:

Highlights:

• Total Fiat handling fee consists of:

         1. Fixed Fee ;

         2. Handling Fee (0.15% of the requested amount)

• The Actual Amount* is after subtracting Fixed Fee and Handling Fee from your requested amount. It will be rounded up to 2 decimal places for the actual amount**.
• You can track progress and fee details of your bank transfer on the history page.
• The banks handling your wire transfer may impose fees (domestic wire fees and international wire fees) which may vary as depending on the intermediaries between our fiduciary partners and your bank.