FV Bank Custody Fees Structure

Digital Asset Custody



Fees for Business Accounts


#
Name
Amount
1
Application/Account Opening Fee
No Charge
2
Yearly Fee
Included in your monthly fee
3
Deposit
No Charge
4
Withdrawal
0.1% or $4 whichever is greater, plus network fees
5
Assets Under Custody
0.5% of AUC, calculated quarterly on an average basis
6
Convert (Buy and Sell Digital Assets)
0.5%



Fees for Individual Accounts


#
Name
Amount
1
Application/Account Opening Fee
No Charge
2
Yearly Fee
$50 per Year
3
Deposit
No Charge
4
Withdrawal
0.1% or $4 whichever is greater, plus network fees
5
Assets Under Custody
$0 - $250,000 No Charge
> $250,000 - 0.5% of AUC, calculated quarterly on an average basis
6
Convert (Buy and Sell Digital Assets)
0.5%



Custody Money Market Account


Fees for Business Accounts


#
Name
Amount
1
Annual Fee
$0.00 - $5,000,000.00 : 1.5%
> $5,000,000.00 : 1%
2
Minimum Deposit / Withdraw
$250.00


Fees for Individual Accounts


#
Name
Amount
1
Annual Fee
$0.00 - $5,000,000.00 : 1.5%
> $5,000,000.00 : 1%
2
Minimum Deposit / Withdraw
$250.00




**Network fees can vary from the moment we estimate the network fee and the moment the withdrawal is actually broadcasted to the network, so your final fee may reflect a different amount from the one originally quoted.**

*Disclaimer: Some products and services may not yet be available. Please contact sales@fvbank.us for more details.*