Fee Schedules: US Custodial Accounts
For Persons Resident in the USA and for Companies both Registered in the USA and owned/controlled by persons resident in the USA
(Non-US fee schedules are here)
US Persons
| Item | Amount | Note |
| Application | Free | |
| Account Opening | $100 | |
| Assets Under Management Fee (accounts up to $5M) | 0.48% | Charged as 0.04% monthly; $100/month minimum |
| Transfers to Other Clients of Medici Bank | $1 | |
| Wire Transfers (in and out) | $25 | Domestic, International |
| ACH Transfers | $10 | Domestic US |
| SEPA Transfers | €10 | Across Europe |
| Stablecoin processing (in and out) | 0.1% or $5 | Whichever is greater; plus pass-thru of any/all network (gas) costs |
| Wire Investigation | $50 | |
| Stop Payment; Wire Recall; Returned Wire |
$50 | |
| Bank Reference Letter | $50 | Issued only if the account is funded and in good standing |
| Payment Confirmation Letter | $25 | |
| Minimum Opening Deposit | $50,000 | |
| Trades | 0.25% | $75/minimum |
| Inactive Account | $200/month | If no deposits or withdrawals during prior 12 months; does not count toward fee minimum |
| Close Account | $100 | One-time |
US Businesses
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Note:
The Trust division of Medici Bank International LLC (Medici) will provide custodial services. Trading, clearing, and safekeeping will be provided by Interactive Brokers (IB). IB may require that client establish a separate account with IB.
Accounts hold fully paid for securities, no pledged securities, no options and no physical securities.
Medici is not a financial advisor; client must direct Medici as it relates to investments and divestments client seeks to make.
All losses, gains, interest, and expenses directly related to the investments are to the benefit, and cost, of client.