Fee Schedules: US Business Accounts
For US registered companies majority owned by US citizens
(*Non-US company fee schedules can be found here)
Business Demand Account
| Item | Amount | Note |
|---|---|---|
| Application | Free | |
| Account Opening | $100 | |
| Monthly Account Fee | $50/month | Waived if balance > $50,000 is maintained |
| Internal Transfers | $1 | Same name or other clients of Bank |
| Wire Transfers (in and out) | $25 | Domestic & International |
| ACH Transfers | $10 | Domestic USA |
| 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 | |
| Wire Recall; Returned Wire; Stop Payment | $50 | |
| Bank Reference Letter | $50 | Issued only if the account is funded and in good standing |
| Payment Confirmation Letter | $25 | |
| Audit Request | $25 | |
| Minimum Opening Deposit | $10,000 | |
| Inactive Account | $100/month | If no deposits or withdrawals during prior 12 months; does not count toward fee minimum |
| API Integration & Use | TBD | Contact us to discuss |
| Close Account | $100 | One-time |
Business Savings Account
| Item | Amount | Note |
| Application | Free | Savings Account is 'Add-On' to a Demand Deposit Account |
| Account Opening | Free | |
| Monthly Account Fee | $50/month | Waived if balance > $50,000 is maintained |
| 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 | |
| Audit Request | $25 | |
| Minimum Opening Deposit | $10,000 | |
| Inactive Account | $100/month | If no deposits or withdrawals during prior 12 months; does not count toward fee minimum |
| API Integration & Use | TBD | Call to discuss |
| Close Account | $100 | One-Time |
Business CDs (Time Deposits)
| Item | Amount | Note |
| Application | Free | |
| Account Opening | Free | |
| Monthly Account Fee | Free | |
| Transfers to Other Clients of Medici Bank | N/A | |
| Wire Transfers (in and out) | $25 | Only to fund or liquidate the account |
| ACH Transfers | $10 | Domestic US; only to fund or liquidate the account |
| SEPA Transfers | €10 | Across Europe; only to fund or liquidate the account |
| Stablecoin processing (in and out) | 0.1% or $5 | Whichever is greater; plus pass-thru of any/all network (gas) costs |
| Wire Investigation | $50 | |
| Early Withdrawal | Varies | See Product Terms |
| 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 | |
| Audit Request | $25 | |
| Minimum Opening Deposit | $10,000 | |
| Inactive Account | $100/month | For accounts automaticlly rolled over two or more times |
| API Integration & Use | TBD | Call to discuss |
| Close Account | Free |