* Payment method fees may change depending on jurisdiction
Limits & Fees
Fees, Supporting payment Methods, Local Exchange Rates, and Network fees we charged for each of the Countries in which we operate in.
Summary
Processing Fees
Payment Method
Mpesa
Bank Transfer
Airtel Money
Visa Card
Master Card
Processing Fee
2%
2.5%
3%
2%
3%
Processing time
Instant
Instant
Instant
Instant
Instant
Payment Method
Mpesa
Bank Transfer
Airtel Money
Visa Card
Master Card
Processing Fee
2%
2.5%
3%
2%
3%
Processing time
Instant
Instant
Instant
Instant
Instant
Blockchain
Network Fee
Digital asset - Deposit & Withdrawal Fees
| Network fee | |
| Destination | Fee |
| ETH & ERC20 | Network Fee |
| ADA | Network Fee |
| Bitcoin | 0.00015 BTC |
| Litecoin | 0.003 LTC |
| BCH | 0.0003 BCH |
| BTG | 0.0003 BTG |
| DOT | 0.075 DOT |
| DASH | 0.0003 DASH |
| XRP | 0.001 XRP Network Fee |
| Network Withdrawal Fee | |
| If you withdraw to certain blockchain networks, we charge an Afrex Fee: DAG; XDC; BTG; SGB; FLR; TRX; SOLO; CSPR; COREUM | $0.99 |
Settlements
Supported Payment Methods
East Africa/Kenyan customers
Payment methods available for Kenyan customers?
| Method | Depositing | Withdrawing | Processing Time |
| Debit card | ✔ | ✔ | Instant* |
| Credit card | ✔ | ✘ | Instant |
| Local transfer | ✔ | ✔ | Instant** |
| Wire transfer | ✔ | ✔ | 2-5 business days |
| Apple/Google Pay | ✔ | ✔ | Instant |
| Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times*** |
– Not yet available in Kenya.
– Crediting is instant, but settlement times may take up to 5 business days depending on local bank settlement.
– Please note that settlement times for crypto network deposits can vary depending on the specific blockchain network and its confirmation process.
EU/UK customers
Payment methods available for EU/UK customers?
| Method | Depositing | Withdrawing | Processing Time |
| Debit card | ✔ | ✔* | Instant** |
| Credit card | ✔ | ✘ | Instant |
| FPS/SEPA | ✔ | ✔ | Instant |
| Apple/Google Pay | ✔ | ✘ | Instant |
| Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times*** |
– Not yet available in the EU
– Crediting is instant, but settlement times may take up to 5 business days depending on local bank settlement.
– Please note that settlement times for crypto network deposits can vary depending on the specific blockchain network and its confirmation process.
U.S customers
Payment methods available for U.S customers?
Afrex covers the different payment methods available for linking to your Afrex account:
| Method | Depositing | Withdrawing | Processing Time |
| Debit card | ✔ | ✔ | Instant* |
| Credit card | ✔ | ✘ | Instant |
| ACH | ✔ | ✔ | Instant** |
| Wire transfer | ✔ | ✔ | 2-5 business days |
| Apple/Google Pay | ✔ | ✔ | Instant |
| Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times*** |
– Crediting is instant, but settlement times may take up to 5 business days depending on local bank settlement.
– Please note that settlement times for crypto network deposits can vary depending on the specific blockchain network and its confirmation process.
CA customers
Payment methods available for U.S customers?
Afrex covers the different payment methods available for linking to your Afrex account:
| Method | Depositing | Withdrawing | Processing Time |
| Debit/credit card | ✔ | ✘ | Instant |
| Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times* |
– Crediting is instant, but settlement times may take up to 5 business days depending on local bank settlement.
– Please note that settlement times for crypto network deposits can vary depending on the specific blockchain network and its confirmation process.
Non-EA/US/EU/UK/CA customers
Payment methods available for non-EA/US/EU/UK/CA customers?
Afrex covers the different payment methods available for linking to your Afrex account:
| Method | Depositing | Withdrawing | Processing Time |
| International Debit card | ✔ | ✔* | Instant** |
| International Credit card | ✔ | ✘ | Instant |
| Wire transfer | ✔ | ✔ | Instant |
| Apple/Google Pay | ✔ | ✘ | Instant** |
| Crypto network | ✔ | ✔ | Varies based on blockchain confirmation times*** |
– Crediting is instant, but settlement times may take up to 5 business days depending on local bank settlement.
– Please note that settlement times for crypto network deposits can vary depending on the specific blockchain network and its confirmation process.
Afrex covers the different payment methods available for linking to your Afrex account:
* Payment method may change depending on jurisdiction.
East Africa - Deposit & Withdrawal Fees
KES Kenya Shillings
| Payment method | Transaction fee | Daily limits | Weekly limits | Monthly limits | Processing times |
| Debit card |
Deposit:
|
Deposit:
KES 1,500,000 per tx Withdraw: |
Deposit: KES 3,000,000 |
Deposit: KES 15,000,000 per txWithdrawal: KES 15,000,000 per tx |
Instant |
| Credit card | 2.99% | KES 500,000 | KES 3,000,000 | KES 15,000,000 | Instant |
| Apple Pay/Google Pay | 2.99% | KES 500,000 | KES 3,000,000 | KES 15,000,000 | Instant |
| Local bank transfer (RTGS, PesaLink) |
Deposit:
|
Deposit: KES 250Withdraw: $10,000 |
Deposit: KES 3,000,000 |
Deposit: KES 3,000,000 |
Deposit: Instant Withdraw: Processing times may vary |
| Mobile money (M-PESA, Airtel Money) |
Deposit: 2%Excluding deposits into USD via a USD-denominated debit card Withdraw: 1.75%(Min KES 250 – Max KES 500,000) |
KES 175 – KES 150,000 per tx | KES 500,000 | $5,000 | Instant |
| Bank (Wire transfer) |
Deposit:
|
Unlimited
Submit: POF |
Unlimited
Submit: POF |
Unlimited
Submit: POF |
1-3 business days |
(Please note: Transaction Fees & limits are subject to change based on FX rate ).
U.S & U. S Territories - Deposit & Withdrawal Fees
$ USD
ACH unavailable in Virgin Islands (VI) and American Samoa (AS). (Please note: Transaction Fee may apply).
| Payment method | Transaction fee | Daily limits | Weekly limits | Monthly limits | Processing times |
| Debit card |
Deposit: 3.99%Excluding deposits into USD via a USD-denominated debit card Withdraw: 1.75%(Min $1 Max $150) |
Deposit: $2,500Withdraw: $2,500 |
Deposit: $15,000 |
Deposit: $50,000Withdrawal: $10,000 |
Instant |
| Credit card | 3.99% | $2,500 | $15,000 | $50,000 | Instant |
| Apple Pay/Google Pay | 3.99% | $2,500 | $15,000 | $50,000 | Instant |
| Bank (ACH Plaid) |
Free
ACH unavailable in Virgin Islands and American Samoa. (Transaction Fee may apply). |
Deposit: $2,500Withdraw: $10,000 |
Deposit: $10,000 |
Deposit: $25,000 |
Deposit: Instant Withdraw: Processing times may vary. |
| Bank (ACH Micro-deposit) |
Free | $500 | $2,000 | $5,000 | Instant |
| Bank (Wire <5000$) | <$5,000 – $20
>$5,000 – Free |
Unlimited | Unlimited | Unlimited | 1-3 business days |
UK - Deposit & Withdrawal Fees
£ GBP
| Payment method | Transaction fee | Daily limits | Weekly limits | Monthly limits | Processing times |
| Debit card | Deposit: 3.99%
Withdraw: 1.75%(Min £1/Max £150) |
Deposit: £500Withdraw: £2,500 |
Deposit: £3,500 |
Deposit: £10,000Withdraw: £10,000 |
Instant |
| Credit card | 3.99% | £500 | £3,500 | £10,000 | Instant |
| Apple Pay/Google Pay | 3.99% | £500 | £3,500 | £10,000 | Instant |
| Bank (FPS, SEPA) |
Free | Withdraw: £25,000 |
Unlimited | Unlimited | Instant |
| Smaller Trades Fee | |
If you trade less than $500, we charge an Afrex Fee
The Afrex fee does not apply to the following transaction:– Apple / Google Pay deposits |
£0.99 |
Canada - Deposit & Withdrawal Fees
$ CAD
|
| Smaller Trades Fee | |
If you trade less than $500, we charge an Afrex Fee
The Afrex fee does not apply to the following transaction:– Apple / Google Pay deposits |
$0.99 |
International wire - Deposit & Withdrawal Fees
$ USD
| Payment method | Transaction fee | Daily limits | Weekly limits | Monthly limits | Processing times |
| Debit card |
Deposit: 3.99%Excluding deposits into USD via a USD-denominated debit card Withdraw: 1.75%(Min $3.5 – Max $150) |
$500 | $3,500 | $10,000 | Instant |
| Credit card | 2.99% | $500 | $3,500 | €10,000 | Instant |
| Apple Pay/Google Pay | 2.99% | $500 | $3,500 | €10,000 | Instant |
| Bank (SWIFT, Wire transfer) |
Deposit: .0.5%Including deposits into USD via a USD-denominated debit card Withdraw: 2.5%(Min $15 – Max $150,000+) |
Withdraw: $100,000+Submit: POF |
Unlimited | Unlimited | Instant |
| Smaller Trades Fee | |
If you trade less than $500, we charge an Afrex Fee
The Afrex fee does not apply to the following transaction:– Apple / Google Pay deposits |
$0.99 |
EEA Countries - Deposit & Withdrawal Fees
€ EUR
| Payment method | Transaction fee | Daily limits | Weekly limits | Monthly limits | Processing times |
| Debit card | Free | €500 | €3,500 | €10,000 | Instant |
| Credit card | Free | €500 | €3,500 | €10,000 | Instant |
| Apple Pay/Google Pay | Free | €500 | €3,500 | €10,000 | Instant |
| Bank (SEPA) |
Free | Withdraw: €25,000 |
Unlimited | Unlimited | Instant |
| Smaller Trades Fee | |
If you trade less than $500, we charge an Afrex Fee
The Afrex fee does not apply to the following transaction:– Apple / Google Pay deposits |
€0.99 |
*Please note: Fees & Limits are subject to change based on FX rates within the different jurisdictions we operate in.
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