Costs and Fees

he following costs and fees apply for the bank’s services in relation to crypto assets and must be reimbursed by the client to the bank. All prices include the applicable statutory value-added tax. The bank will process all payments related to crypto assets through the client’s respective “Crypto Assets” sub-account:

  • Purchase/sale of crypto assets: 0.75 % of the transaction volume.
  • Administration fee 1): 0.357 %2)
  • Transfer into crypto assets: 1.785 % of the transaction volume (at the time of execution)
  • Transfer out of crypto assets: 2.975 % of the transaction volume (at the time of execution)

1) Including, among others, onboarding services, crypto asset position management, and crypto asset custody.

2) Calculated on the basis of the average custody volume.

Notes on Transfer Services

The following blockchain networks are supported for the respective crypto assets::

Crypto Asset Network
Avalanche (AVAX) Avalanche
Binance COIN (BNB) Binance Smart Chain (BNB Chain)
Bitcoin (BTC) Bitcoin
Cardano (ADA) Cardano
Cosmos (ATOM) Cosmos
Ethereum (ETH) Ethereum
Litecoin (LTC) Litecoin
Polkadot (DOT) Polkadot
Polygon (POL) Ethereum
Ripple (XRP) Ripple
Solana (SOL) Solana

 

Transfers are considered finalized once the following number of network confirmations has been reached.

Network Number of Confirmations
Avalanche 7
Binance Smart Chain 1
Bitcoin 3
Cardano 5
Cosmos 5
Ethereum 60
Litecoin 6
Polkadot 2
Polygon 5
Ripple 1
Solana 2

Note: Transfers sent to an incorrect wallet address cannot be reversed from the moment the order is received by the bank and the transaction has been initiated! 

Notes on Sustainability Reporting

Disclosures in accordance with Art. 66, Sec. 5 of the Markets in Crypto-Assets Regulation (MiCAR).
You can find the current report at the link: Download