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How Is the Maintenance Fee Applied?
How Is the Maintenance Fee Applied?
Updated over a year ago

Keep in mind that the maintenance fee will only be charged to your account if you do not make any deposits during the defined quarterly period.

Example:

If Pedro deposits $100 USD monthly or deposits just $10 USD during the quarter, he will not have to pay the maintenance fee.

(There is no minimum deposit amount required.)

Below, you can see four examples of how the maintenance fee would or would not be applied:

User / Month

April

(Month #1)

May

(Month #2)

June

(Month #3)

July (Charge Month)

User 1

$200.00

$0.00

$10.00

$0.00 (No maintenance fee charged)

User 2

$0.00

$0.00

$100.00

$0.00 (No maintenance fee charged)

User 3

$200.00

$100.00

$100.00

$0.00 (No maintenance fee charged)

User 4

$0.00

$0.00

$0.00

$5.00 (Maintenance fee charged)

This policy applies starting March 18, 2024

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