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Binance Card Updates Foreign Transaction Fees & Overseas ATM Withdrawal Fees for Users in Europe
2023-04-03 08:15
This is a general announcement. Products and services mentioned here may not be available in your region.
Fellow Binancians,
Effective from 2023-06-02 at 00:00 (UTC), Binance Card will start charging foreign transaction fees and overseas ATM withdrawal fees on transactions outside of Europe.This is applicable to Binance Card users in Europe only.
Key Updates:
Foreign Transaction Fees
Binance Card will charge European users a 2% foreign transaction fee on all non-EUR transactions outside Europe.
No foreign transaction fees will be charged as long as the transaction is completed within Europe, and this remains valid even if the transaction is not in EUR.
Overseas ATM Withdrawal Fees
Binance Card will charge European users a 2% overseas ATM withdrawal fee for every ATM withdrawal outside of Europe.
Please note that there will be no overseas ATM withdrawal fee charged if the ATM withdrawal takes place within Europe, regardless of the currency.
Note: No foreign transaction or overseas ATM withdrawal fees will be charged in these countries (within Europe with non-EUR currency): Aruba, Bulgaria, Curaçao, Czech Republic, Denmark, Faroe Islands, Greenland, Hungary, Israel, Iceland, Liechtenstein, Norway, Poland, Romania, Switzerland, Sweden, Saint-Martin, Sint Maarten, and Turkey.
The aforementioned updates only apply to Binance Card users who are identified as European users via KYC. If you are interested in ordering a Binance Card, please apply here.
Binance Card is issued by the licensed entity UAB “Finansinės paslaugos „Contis” and distributed by Swipe. Your use of Binance Card is subject to the terms and conditions set out in the Cardholder Agreement.
Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.
Note: This announcement was last updated on 2023-04-03 to clarify the list of countries with a non-EUR currency within Europe, where no foreign transaction or overseas ATM withdrawal fees will be charged.
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Please fund your wallet and perform your transactions cautiously. Not financial advice. For more information, see our Terms of Use and Risk Warning.
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