Last Updated: April 9, 2025

Wallet Fees

Domestic

A transaction occurring when both the sender and receiver are registered with or identified by Lock Trust as residents of the same market.

International

A transaction occurring when the sender and receiver are registered with or identified by Lock Trust as residents of different markets. Certain markets are grouped together when calculating international transaction rates.

An International payment occurs when the sender and receiver are registered with or identified by Lock Trust as residents of different markets. Certain markets/regions are grouped together as follows for ease of reference when calculating International payment rates:

LOCK TRUST WALLET

For more information and a complete listing of fees associated, please refer to the Lock Trust Wallet Terms and Conditions.

ADDING MONEY TO YOUR WALLET

TRANSFERRING MONEY FROM OUT OF YOUR WALLET

Electronic withdrawal -standard (ACH) or Real-Time Payments (RTP): Money transferred with the standard option is typically available in 1 – 3 business days when sent to a linked bank account or approximately 48 hours when sent to an eligible linked virtual debit card. There’s a fee to transfer money from your account balance to your eligible linked bank account or virtual debit card with the Instant Transfer option. The money is typically available in minutes with that option.

SENDING AND RECEIVING MONEY

When you send or receive money through your LockTrust account feature—without an associated donation, purchase, or other commercial purpose—this is considered a personal transaction. Personal transactions are not intended for the exchange of goods or services. The applicable rates for personal transactions are outlined below.

Sending domestic personal transactions

Sending Canadian personal transactions

Sending international personal transactions - COMING SOON

The applicable fee for sending domestic transactions applies plus the applicable additional percentage-based fee for international transactions (international fee).

Receiving personal transactions

VIRTUAL CARDS

ONLINE ESCROW

CURRENCY CONVERSIONS - Coming Soon

For any of the following types of transactions involving a currency conversion by Lock Trust, the transaction exchange rate will also include a currency conversion spread.

Converting payments in another currency

WITHDRAWALS OUT OF LOCK TRUST

You can typically withdraw money out of Lock Trust by standard withdrawals/transfers to your linked bank account or eligible cards. A currency conversion (and currency conversion fees) may also apply.

Note: For additional listings of transfer rates out of business accounts, please visit our Lock Trust Merchant Fees Page.

Minimum and Maximum fees – Instant Transfer

Based on withdrawal currency:

TRANSACTION LIMITS – INSTANT TRANSFER FOR BANK

TRANSACTION LIMITS – INSTANT TRANSFER FOR CARDS

OTHER CONSUMER FEES

Included below are fees associated with events, requests, or actions that may happen when you use your account.

BUYING WITH LOCK TRUST

It's free to use Lock Trust to donate or to pay for a purchase or any other type of commercial transaction unless it involves a currency conversion.

Online or in-store

When you accept the User Agreement to buy or sell goods or services or make any other commercial type of transaction, we call that a “commercial transaction”. For the listings of selling rates, please visit our Lock Trust Merchant Fees Page.