Veem fees and timelines

Veem is an easy and cost-effective way to send and receive payments domestically or internationally.

For information about Veems' pricing, please see these pages:

For more details on the Veem pricing structure, please see below:

Payables | Sending Payment Methods & Fees

Payment method	Funding account	Transaction fee	Estimated delivery time
ACH/EFT	Bank account	$0****	3-4 business days
Fast Transfer (ACH) Available April 25th	Bank account	0.5% of the total payment amount	1 business day*
Check (USA Only)	Bank account	$1.99	5- 7 business days
International Wire (Local currency)	US Credit US Debit	3.5% of the total amount 3.5% of the total amount	2-7 business days, depending on the receiving country
International Wire (Local currency)	Bank account	$0**	2-7 business days, depending on the country
USD Abroad	US Credit US Debit	3.5%* of the total amount 3.5%* of the total amount	2-7 business days, depending on the country
USD Abroad	Bank account	$29 - $40	2-7 business days, depending on the country
US Domestic Card Payments	US Credit Card US Debit Card	3.5% of the total amount 3.5% of the total amount	1 business day
Veem Wallet	Veem Wallet	$0	1-7 business days, depending on the country

* Payments to unverified accounts might take longer to process.

** Exchange rates apply for the recipient and are based on market fluctuations and payment volume.

***$29- $40 transaction fee will be combined with the card fee for international USD payments paid by card. This fee can be paid by the payer or the payee. The $40 fee applies to payments of $10,000 and over.

**** $0 (Free ACH/EFT) transactions are only available for clients using the premium plan.

Receivables | Incoming Payment Methods & Fees

Receiving account	Payer method	Transaction fee	Estimated time to receive
Bank account	ACH/EFT	$0	3- 4 business days
Bank account	International Wire	$0*	2-7 business days depending on the country
Bank account	USD Abroad	$29 - $40	2-7 business days depending on the country
Bank account	Credit Card Debit Card	3.5% of the total amount can be paid by you or the sender. 3.5% of the total amount can be paid by you or the sender.	1 business day
Instant Deposit	Credit Card Debit Card	3.5%* of the total amount can be paid by you or the sender. 3.5%* of the total amount can be paid by you or the sender	Within 1 hour of verifying the payment
Instant Deposit	Bank account	1%** of the total payment amount	Within 1 hour of verifying the payment
Veem Wallet	Bank Account Veem wallet	$0* $0	1 business day
Veem Wallet	Credit Card Debit Card	3.5% of the total amount can be paid by you or the sender. 3.5% of the total amount can be paid by you or the sender	1 business day

* Exchange rates apply for the recipient and are based on market fluctuations and payment volume.

**$29- $40 transaction fee will be combined with the instant card fee (1%) for international USD payments processed to the debit card. The USD abroad fee can be paid by the payer or the payee; however, the 1% fee will be charged from the receiver's end.

***The instant deposit fee (1%) will be combined with the card fee (3.5%) card fee. The card fee can be paid by the payer or the payee; however, the 1% fee will be charged from the receiver's end.

Ready to get started? Click here to create your Veem account today!