Bitnob Business Transaction fees
This article outlines the fees for deposits, withdrawals, and virtual card usage on Bitnob Business. All fees are listed in US dollars (USD).
Deposit Fees
Fees for depositing funds into your Bitnob Business account, organized by asset and payment method.
Bitcoin (BTC)
Lightning Network
On-chain
Tether (USDT)
USD Coin (USDC)
Fiat Currencies: Local currencies currently supported on Bitnob Business.
Asset | Fee |
|---|---|
BTC (On-chain, Bitcoin network) | Free |
BTC (Lightning Network) | Free |
USDT | Free |
USDC | Free |
Fiat | Not currently offered |
Withdrawal (Payout) Fees
This section outlines the fees for withdrawing funds from your Bitnob Business account, organized by withdrawal method and supported currency.
Bitcoin (BTC): Lightning Network and on-chain withdrawals
USDT: Tether withdrawals
USDC: USD Coin withdrawals
Fiat: Withdrawals to supported bank accounts and other payment methods, where available.
Asset | Fee |
|---|---|
Send BTC (On-chain, Bitcoin network) | 1000 sats per withdrawal |
Send BTC (Lightning Network) | 20 sats per withdrawal |
USDT | $1.00 per withdrawal |
USDC | $1.00 per withdrawal |
Fiat Withdrawal Fees
Fiat currencies are government-issued currencies, such as the Nigerian naira (NGN) and Ghana Cedis (GHS)
You can withdraw your Bitnob Business balance in the following supported fiat currencies :
African Countries — Withdrawal Fees
Country | Currency | Transaction Fee |
|---|---|---|
Nigeria | NGN | Free |
Kenya | KES | Free |
Ghana | GHS | Free for Momo wallet withdrawal. |
Uganda | UGX | $0.35 per transaction |
Rwanda | RWF | $0.35 per transaction |
Benin | XOF | Free |
Togo | XOF | Free |
Burkina Faso | XOF | Free |
Senegal | XOF | Free |
Mali | XOF | Free |
Ivory Coast (Côte d’Ivoire) | XOF | Free |
Guinea-Conakry | XOF | Free |
Cameroon | XOF | Free |
Note: XOF is the currency code for the West African CFA franc.
General Notes
All fees are flat USD amounts per transaction where specified, regardless of transaction size.
Fees are deducted at the time of transaction execution.
The exchange rate applied is the rate at the time of execution.
For questions regarding corridor availability or fees, please contact your Bitnob account manager.
Virtual Card Fees
Fees associated with using Bitnob Business virtual cards.
Card Creation or Issuance
Card Funding
Other Applicable Card Fees: These may include declined transaction fees, cross-border transaction fees, and contactless transaction fees, where applicable.
Item | Amount |
|---|---|
Card creation fee | $1.00 per card |
Minimum top-up | $3.00 |
Maximum top-up per transaction | $2,500.00 |
Maximum card balance | $50,000.00 |
Cross border Transaction fee | 2.5% + $0.5 |
Contactless Card Transaction Fee | 0.25% of the value of each applicable contactless (tap-to-pay) transaction. This fee shall not apply to non-contactless card transactions. |
Chargeback/Dispute Fee | $60 per chargeback or dispute, nonrefundable regardless of the outcome of the dispute. |
Card funding fees
Top-up amount | Fee |
|---|---|
Up to $100 | $1.00 flat |
Above $100 | 1% of the top-up amount |
Examples
Top up $50 → fee is $1.00
Top up $100 → fee is $1.00
Top up $500 → fee is $5.00 (1% of $500)
Top up $2,500 → fee is $25.00 (1% of $2,500)
Declined Transaction Fees
When a card transaction is declined due to insufficient balance, the following fees apply:
First declined authorisation: Free of charge.
Each subsequent consecutive declined authorisation: A fee of $0.75 applies.
Card termination: The maximum number of consecutive declined authorisations permitted before card termination is configurable between 2 and 11. Once the configured threshold is reached, the card will be permanently terminated, subject to applicable card issuer or programme provider requirements.
Resetting the decline count: A successful authorisation resets the consecutive decline count to zero.
Tip: To avoid declined transaction fees, ensure your card has sufficient balance to cover the purchase amount before making a payment. For platforms you no longer use, remove your card to prevent unwanted or unauthorised charges.
Need help?
If you have questions about a fee on your account, submit a support ticket and our team will help you.