TRANSFER001 - Company wallet transfer options

Modified on Wed, 30 Jul at 7:52 PM

Transfer Options


Companies with funds in their XTRM digital wallets can transfer funds out to various financial institutions or stored-value options. The availability of specific methods may vary by country and currency.





Standard Bank Transfer
Rapid Bank Transfer
Bank Check
Virtual and Plastic Visa
After payment, the user or company can choose to transfer using any of these options.
Method OptionsElectronic Fund Transfer (EFT) methods including ACH, Wire, SEPA Instant transfer to bank using a linked debit card Physical check mailed to the recipient Instant issuance of prepaid virtual or physical Visa cards 
Setup Fees or Card Fees
None
None
None
None
Geographical CoverageGlobal
USA
USA  Global
FeeACH, SEPA, EFT: Free
 

Wire: USD $6 (Individuals), USD $10 (Companies) **

Instant Transfers are 1.25% +$0.25 capped at $15.00 USD
    1.25% + $0.25 (capped at $15 USD)$5.00 USD Zero
Help on how to transferHelpHelpHelpHelp


XTRM Choice EFT, ACH, SEPA methods are free, Wires are USD $6.00 for individuals and USD $10.00 for company accounts.


**Other transfer fees may apply for non-local currency bank linking.


Notes

  • Recipient Choice: After receiving payment, the individual or company can choose from the above transfer options.
  • Cost Optimization: XTRM automatically selects the most cost-effective method based on your bank’s location and currency.
    • If EFT/ACH/SEPA is supported, that method is selected (free).
    • If not, a Wire transfer is used with capped fees.
  • Currency Consideration: Non-local currency bank linking may incur additional transfer fees Bank transfer fees by local currency.


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