Fees and Limits¶

Commissions are set by the Independent Liquidity Providers.

Below are the fees for the Reserve App:¶

• ACH Transactions:

  When sending money to bank accounts in the United States (ACH), a commission of 0.1% + US$35 is charged for transactions greater than US $5000.

• Transactions with Cryptocurrencies: The cryptocurrency commission rate is shown in the app when users enter the amount of the transaction. For BTC, users must visit the site https://mempool.space/ choose between Low, Medium and High commissions.

• Transactions to local currencies: When making transactions to or from local currencies, users must verify the exchange rate published in the app.

Some deposit and withdrawal options in the app have limits which reset every 24 hours. Below is a detailed list:

Zelle¶

• Deposit to Reserve:
  • From personal accounts or third parties
  • Maximum amount: US $150
  • Commission: Variable
• Withdrawals to Zelle:
  • Not available

Paypal¶

• Deposit to Reserve:
  • Only for users active before December 14, 2020
  • Only from own accounts
  • Maximum amount: US $200
  • Paypal Commission: (5.4% + US $0.30) on the total amount sent
  • Reserve Commission: 3% on the net amount received after the Paypal commission.
• Withdrawals to Paypal:
  • Not available

ACH Transfers¶

• Withdrawals/Money Sent from Reserve to accounts in the US (does NOT include Facebank and Payoneer):
  • To own or third party accounts
  • Minimum: US $10
  • Maximum: the limit of the user's Reserve account
  • Commission: 0.1% + US $35 for transactions greater than US $5000.
  • The receiving bank may charge reception commissions. Users should verify this information in their banking account details.

Banesco Panamá¶

• Deposits to Reserve:
  • Only to user’s own accounts
  • Minimum amount: US $20
  • Maximum amount: US $2,500
  • Commission: 2% variable
• Withdrawals to Banesco Panamá:
  • To own or third party accounts
  • Minimum amount: US $20
  • Maximum amount: US $300
  • 4% variable commission

Uphold¶

• Deposits and Withdrawals:
  • Minimum: US $1
  • Maximum: depends on the user’s verification level in the Reserve app.
  • Commission: 0%

Cryptocurrencies¶

Deposits and withdrawals in RSV, BTC, USDT, USDC, DAI:

• Commissions only for withdrawals (we use BTC and Trc20 networks):
  • for BTC the user can choose to pay low, medium or high commissions as determined by https://mempool.space/.
  • for other cryptocurrencies, the commission shows up when the user enters the desired transaction and amount in the app
• Minimum per transaction and cryptocurrency, deposits and withdrawals:
  • RSV: US $10.00
  • USDT: US $1.00
  • BTC: US $10.00
  • USDC and DAI: commission + US $1.00
• Maximum: according to the user's level of verification