FAQ
How does pricing work in ApprovalMax Pay?
ApprovalMax Pay uses different pricing models depending on the payment method you choose. There are no hidden fees, and charges are clearly shown before you make a payment.
How am I charged for payments?
Payments use a pay-as-you-go model — no subscription fee, no maintenance or inactivity fees. You are charged per payment made from your balance. The fee depends on the payment method (e.g., local or SWIFT) and the currency. Full pricing is in the table below.
Are there any fees for holding a balance?
No. ApprovalMax Pay does not charge account-opening, balance-holding, or maintenance fees. Fees apply only when a payment is executed.
How does FX pricing work?
An FX rate is applied at the time of conversion and shown before you confirm. Rates depend on the currencies involved and market conditions.
Can I see fees before making a payment?
Yes. Any applicable fees and FX rates are displayed during payment setup, before final approval and execution.
Payment Prices
Payment Type | Fee (USD) |
Balance top-up in USD | Free |
Onboarding | Free |
Additional balance/currency opening | Free |
Local payment in USD (ACH) | Free |
Local payment in EUR, GBP, AUD, DKK, NOK, PLN, SEK, SGD | $1.00 |
Local payment in TRY, CAD, CZK, HUF, IDR, INR, MYR, RON, HKD | $3.00 |
Local payment in PHP | $5.00 |
SWIFT OUR (any destination) | $20.00 |
SWIFT SHA (any destination) | $10.00 |
Currency conversion | FX rate applies, shown before you confirm. No separate conversion fee. |