summaryrefslogtreecommitdiff
path: root/doc/flows/fees-wire.tex
diff options
context:
space:
mode:
Diffstat (limited to 'doc/flows/fees-wire.tex')
-rw-r--r--doc/flows/fees-wire.tex30
1 files changed, 30 insertions, 0 deletions
diff --git a/doc/flows/fees-wire.tex b/doc/flows/fees-wire.tex
new file mode 100644
index 000000000..214a69021
--- /dev/null
+++ b/doc/flows/fees-wire.tex
@@ -0,0 +1,30 @@
+\section{Fees per wire} \label{sec:fees:wire}
+
+Wire fees apply whenever an exchange needs to initiate a wire transfer to
+another bank account. Wire fees do not apply to every individual payment to a
+merchant, as merchants can choose to {\em aggregate} multiple micropayments
+into one large payment on the wire. Wire fees also do not apply to
+wallet-to-wallet payments within the Taler system.
+
+A {\bf wire} fee is applied when a merchant receives
+an aggregated payment into their bank account.
+
+A {\bf closing} fee is applied when a wallet fails to
+withdraw coins and money has to be sent back to the
+originating bank account.
+
+\begin{table}[h!]
+ \caption{Table with wire fees. Wire fees are set annually.}
+ \label{table:fees:wire}
+ \begin{center}
+ \begin{tabular}{l|c|r}
+ {\bf Year} & {\bf Fee type} & {\bf Amount} \\ \hline \hline
+ 2023 & wire & {\em CHF 0.05} \\
+ 2023 & closing & {\em CHF 0.10} \\
+ 2024 & wire & {\em CHF 0.05} \\
+ 2024 & closing & {\em CHF 0.10} \\
+ 2025 & wire & {\em CHF 0.05} \\
+ 2025 & closing & {\em CHF 0.10} \\
+ \end{tabular}
+ \end{center}
+\end{table}