Veem fees and timelines

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****/$1USD($1.50 CAD)	3-4 business days
Same-Day Bank 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)	Bank account	$0**	1-6 business days, depending on the country
Business U.S. Card payments	US Credit US Debit	3.5% of the total amount (Minimum $3.5) 2.5% of the total amount (Minimum $3.5)	1-6 business days, depending on the receiving country
Personal U.S. Card payments	US Credit US Debit	3.5%* of the total amount (Minimum $3.5) 1.5%* of the total amount (Minimum $3.5)	1-6 business days, depending on the country
International Business and Personal Card payments	Credit Card Debit Card	3.75% of the total amount (Minimum $3.5) 3.75% of the total amount (Minimum $3.5)	1-6 business days, depending on the country
USD Abroad	Bank account	$29 - $40	3-7 business days, depending on the country
International Card Payments	Credit Card Debit Card	3.5% of the total amount 1.5% of the total amount	1 business day
Self funding Veem Wallet	Bank Account	$0****	0-5 business days, depending on the country
Self funding Veem Wallet U.S. Debit Card	Personal U.S. Debit Card Business U.S. Debit Card	1.5% or $1.50	Instant
Self funding Veem Walle International Debit Card	Personal Debit Card Business Debit Card	2% or $2.50	Instant

* Payments to unverified accounts might take longer to process.

** Exchange rates apply for international recipients and are based on market fluctuations and payment volume.

** A $29- $40 transaction fee For USD abroad will be combined with the card fee for international USD payments paid by card. The payer or the payee can pay this fee. 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****/$1USD($1.50 CAD)	3-4 business days
Bank account	International Wire	$0*	1-6 business days, depending on the country
Bank account	USD Abroad	$29 - $40	3-7 business days, depending on the country
Bank account	Credit Card Debit Card	3.5% or 3.75% of the total amount can be paid by you or the sender. From 1.5% to 3.75% of the total amount can be paid by you or the sender.	1 business day
Instant Deposit	Credit Card Debit Card	3.5% or 3.75% of the total amount can be paid by you or the sender. In additon to the Instant deposit fees of 1% From 1.5% to 3.75% of the total amount can be paid by you or the sender. In additon to the Instant deposit fees of 1%	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

* 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.

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Veem fees and timelines

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

Payables | Sending Payment Methods & Fees

Receivables | Incoming Payment Methods & Fees