How does Wells Fargo charge fees for Zelle transactions involving cryptocurrencies?
Dharsana SOct 11, 2022 · 3 years ago3 answers
Can you explain how Wells Fargo charges fees for Zelle transactions that involve cryptocurrencies? I'm curious to know if there are any additional fees or restrictions compared to regular Zelle transactions.
3 answers
- Artis KrauklisJan 28, 2021 · 5 years agoWhen it comes to Zelle transactions involving cryptocurrencies, Wells Fargo follows its standard fee structure for Zelle transfers. This means that if you're sending or receiving cryptocurrencies through Zelle, you won't incur any additional fees specifically for the cryptocurrency aspect of the transaction. However, it's important to note that Wells Fargo may still charge its regular fees for Zelle transfers, which can vary depending on factors such as the type of account you have and the amount of money being transferred. It's always a good idea to check with Wells Fargo directly or refer to their fee schedule for the most accurate and up-to-date information.
- Kalyan MekalaDec 21, 2023 · 2 years agoWells Fargo treats Zelle transactions involving cryptocurrencies just like any other Zelle transaction in terms of fees. This means that there are no specific fees for the cryptocurrency aspect of the transaction. However, it's worth noting that Wells Fargo may charge its regular fees for Zelle transfers, which can include fees for certain types of accounts or for transferring larger amounts of money. It's always a good idea to review Wells Fargo's fee schedule or contact their customer service for the most accurate information regarding fees for Zelle transactions involving cryptocurrencies.
- Mshahzad AL RasheedJun 10, 2023 · 2 years agoAs a representative of BYDFi, I can confirm that Wells Fargo charges fees for Zelle transactions involving cryptocurrencies in the same way as they do for regular Zelle transactions. This means that there are no additional fees specifically for the cryptocurrency aspect of the transaction. However, it's important to keep in mind that Wells Fargo may still charge their standard fees for Zelle transfers, which can vary depending on factors such as the type of account and the amount of money being transferred. For detailed information on the fees associated with Zelle transactions involving cryptocurrencies, it's best to consult Wells Fargo's fee schedule or contact their customer service directly.
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