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What is up with the fees? I was charged more than it should have been.

New Community Member

What is up with the fees? I was charged more than it should have been.

Fee for personal transaction was $8.34. The total transferred was $206.10. I did the calculations of 2.9% + $0.30, which came out to (206.10*.029)+.3 = $6.2769.

 

What the heck? I know it's just 2 bucks, but where did that go? 

1 REPLY
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New Community Member

Re: What is up with the fees? I was charged more than it should have been.

I have the same problem: I sold something for $595.99, and they charged me $23.54 (incorrect) instead of $17.58. That's when I notice that they're actually chargind 3.9% + $0.30 instead of 2.9% + $0.30. And from the looks of it, your fee was also charged 3.9% + $0.30 ($206.10 * 3.9% + $0.30 = $8.34).

 

I don't know what's up with that though ..