OUR PRICING AND FEES

OUR PRICING AND FEES

Vban Fees Explained

At Vban, we believe financial freedom should come with clarity and transparency, especially when it comes to fees. Below is a detailed breakdown of the current charges applied to the different features on the Vban app. Whether you’re receiving payments, creating virtual cards, or converting currencies, this guide helps you understand exactly what to expect.


Vban App Pricing Overview

S/N

Vban Offering

Fee

Description

1

Virtual Account Creation

Free

Opening a USD, GBP, or EUR virtual account comes at no cost. Get started with zero setup fees.

2

USD Deposits (ACH)

0.5% 

(Min $3 – Max $10)

For USD deposits via ACH, a small percentage fee applies. This is capped to ensure fairness for large amounts.

3

USD Deposits (Wire Transfer)

Flat $25

USD deposits via wire transfer attract a slightly higher fee due to banking partner charges, but remain capped.

4

GBP Deposits

0.5% (Min £2)

Depositing GBP into your vBAN account incurs a low fee with a small minimum threshold.

5

EUR Deposits

0.5% 

(Min €2 – Max €8)

EUR deposits incur a similar 0.5% fee, with threshold settings in place for cost control.

6

Withdrawals (NGN to NGN)

₦0

Withdrawing naira to a Nigerian bank account is completely free.

7

Withdrawals (USD to NGN)

0%

Enjoy zero fees when converting and withdrawing USD to Naira.

8

Withdrawals (Other Currencies)

0%

Withdrawing other currencies (such as GBP, EUR) into local equivalents (XOF, XAF, GHS, etc.) also incurs no withdrawal fees.

9

Currency Conversion

0%

Swapping currencies within vBAN is free, plus competitive FX rates.

10

Virtual Card Creation

$3 

(One-time fee)

A small setup fee applies when you generate a new virtual card.

11

Virtual Card Cross-border Fees

2.5% + $1 per transaction

When using your card for international payments, a transparent cross-border fee is charged.

12

Virtual Card Chargeback Fees

$50

Chargebacks (disputing a transaction) incur an industry-standard administrative fee.

13

Virtual Card Transaction Fees

Free

Regular purchases on your virtual card come at no additional cost.

14

Virtual Card Transaction Declines

$0.50

Failed transactions (due to insufficient funds or invalid use) carry a small penalty fee.

15

Virtual Card Top-up Fees

Free

Adding funds to your virtual card is free of charge.

16

Virtual Card Withdrawal Fees

Free

There are no withdrawal fees associated with virtual cards when reclaiming unused balances.


A Few Things to Note

  • All conversion rates are displayed in-app before you proceed, so expect no surprises.

  • Fees are automatically calculated and shown before each transaction.

  • You can always check your fee history and breakdown in your Vban dashboard.

Why This Matters

Whether you're receiving client payments from abroad, shopping online, or converting currencies, Vban keeps your financial operations simple, fair, and transparent. Our pricing is built to empower African freelancers, digital nomads, developers, and creatives to earn globally and spend locally, without barriers.

For any questions or clarifications, our support team is available 24/7.


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