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Will I be charged a fee to receive payouts?
Will I be charged a fee to receive payouts?
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Written by Team Tab
Updated over 9 months ago

Tab covers the cost of sending payouts to you, which is why we have a minimum payout amount of USD $500 or equivalent. This helps us keep our prices low by not sending low-value payments.

We send your payouts in the currency of your bank account, so most people receive the exact payment amount we send.

In a few cases, banks may charge a small fee to receive payouts from abroad - particularly USD payouts. These bank fees are usually around USD $10-15, and this is most common in Central America. If this happens, we can:

a) Send payouts in your local currency instead. This reduces the chance of your bank charging fees to receive the payment.

b) Send payouts less frequently. Rather than sending a payout every week, you can receive evert two weeks, once a month, or you can manually request a payout when needed.

c) We keep a record of reports of bank fees, so we can usually advise you on different banks in your country that don't charge fees (or charge lower fees).

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