exchange

Base system with REST service to issue digital coins, run by the payment service provider
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fees-wire.tex (1215B)


      1 \section{Fees per wire} \label{sec:fees:wire}
      2 
      3 Wire fees apply whenever an exchange needs to initiate a wire transfer to
      4 another bank account.  Wire fees do not apply to every individual payment to a
      5 merchant, as merchants can choose to {\em aggregate} multiple micropayments
      6 into one large payment on the wire.  Wire fees also do not apply to
      7 wallet-to-wallet payments within the Taler system.
      8 
      9 A {\bf wire} fee is applied when a merchant receives
     10 an aggregated payment into their bank account.
     11 
     12 A {\bf closing} fee is applied when a wallet fails to
     13 withdraw coins and money has to be sent back to the
     14 originating bank account.
     15 
     16 \begin{table}[h!]
     17   \caption{Table with wire fees. Wire fees are set annually.}
     18   \label{table:fees:wire}
     19   \begin{center}
     20     \begin{tabular}{l|c|r}
     21       {\bf Year} & {\bf Fee type} & {\bf Amount}   \\ \hline \hline
     22       2023       & wire           & {\em CHF 0.05} \\
     23       2023       & closing        & {\em CHF 0.10} \\
     24       2024       & wire           & {\em CHF 0.05} \\
     25       2024       & closing        & {\em CHF 0.10} \\
     26       2025       & wire           & {\em CHF 0.05} \\
     27       2025       & closing        & {\em CHF 0.10} \\
     28   \end{tabular}
     29   \end{center}
     30 \end{table}