Mesh Fees
Fees schedule for utilising Mesh
Please refer to the Mesh Platform as a Service Agreement for more information regarding our rules and our services.
Mesh fee structure
Investor Fees
Issuer Fees
Trading Fees
Service | Description | Fee (inc. VAT) |
|---|---|---|
Instrument Direct Order | Placing a direct market order against the issuer of a financial instrument. | A total fee of 0.23% is charged on all trades, which includes a trading fee of 0.2% and VAT of 15%. The fee is paid by the originator of the trade. |
Spot Trading | Spot trading of cryptocurrency, stable coin or other crypto assets with instant settlement. | A total fee of 0.23% is charged on all trades, which includes a trading fee of 0.2% and VAT of 15%. The fee is paid by the originator of the trade. |
Please Note: Starting 8 August 2024, all fees on Mesh will be subject to VAT.
Supported Stablecoins
Mesh ZAR (mZAR) – View mZAR on Stellar
Funding Fees
No fees are charged for funding Mesh Accounts.
Defunding Fees
Currently only the defunding of mZAR to your linked ZAR account is supported.
Service | Defunding Amount | Fee (inc. VAT) |
|---|---|---|
Defund Tier 1 | Between mZAR 100.00 – mZAR 1,016.00 | mZAR 9.78 |
Defund Tier 2 | Between mZAR 1,017.00 – mZAR 2,025.00 | mZAR 19.55 |
Defund Tier 3 | Between mZAR 2,025.50 – mZAR 3,033.00 | mZAR 29.33 |
Defund Tier 4 | Between mZAR 3,034.00 – mZAR 4,042.00 | mZAR 39.10 |
Defund Tier 5 | Between mZAR 4,042.50 – mZAR 5,149.00 | mZAR 48.88 |
Defund Tier 6 | mZAR 5,150.00 and above | mZAR 172.50 |
Please Note: Starting 8 August 2024, all fees on Mesh will be subject to VAT.
Express Defunding Fees
Currently only the defunding of mZAR to your linked ZAR account is supported.
Service | Defunding Amount | Fee (inc. VAT) |
|---|---|---|
Defund Tier 1 | Between mZAR 100.00 – mZAR 1,016.00 | mZAR 67.28 |
Defund Tier 2 | Between mZAR 1,017.00 – mZAR 2,025.00 | mZAR 77.05 |
Defund Tier 3 | Between mZAR 2,025.50 – mZAR 3,033.00 | mZAR 86.83 |
Defund Tier 4 | Between mZAR 3,034.00 – mZAR 4,042.00 | mZAR 96.60 |
Defund Tier 5 | Between mZAR 4,042.50 – mZAR 5,149.00 | mZAR 106.38 |
Defund Tier 6 | mZAR 5,150.00 and above | mZAR 230.00 |
Please Note: Starting 8 August 2024, all fees on Mesh will be subject to VAT.
Transfers
Service | Description | Fee (inc. VAT) |
|---|---|---|
mZAR transfer | Transfer of mZAR stablecoin between Mesh accounts. | 0.0023% of the transfer amount. If smaller than mZAR 0.01, the transfer fee is mZAR 0.0115 |
Instrument transfer | Transfer of mZAR based instrument tokens between Mesh accounts. | 0.002875 of current asset value in mZAR. If smaller than mZAR 0.01, the transfer fee is mZAR 0.0115 |
Cryptocurrency transfer | Transfer of cryptocurrency tokens between Mesh accounts. | 0.0023% of the transfer amount in the cryptocurrency token being transferred. |
Bond transfer | Transfer of debt instruments (bonds) between Mesh accounts. | No fee is charged. |
Please Note: Starting 8 August 2024, all fees on Mesh will be subject to VAT.