Understanding Loula’s Withdrawal Fees: ACH, ACH Same-Day, Wire Transfers, and Transfers to Argentina
Loula provides several flexible withdrawal options, including ACH, ACH Same-Day, wire transfers, and transfers to Argentine accounts or wallets. Each method has a straightforward 1% fee structure to fit different transfer needs. Here’s a breakdown of the options and their respective fees.
Withdrawal Options and Fees
ACH Withdrawal: Standard ACH withdrawals are commonly used for routine transfers, taking about 1-3 business days to complete.
Fee: 1% of the transaction, with a minimum fee of $1 USD.
ACH Same-Day Withdrawal: For faster processing, ACH Same-Day withdrawals allow funds to transfer within the same business day if initiated before the cut-off time.
Fee: 1% of the transaction, with a minimum fee of $2 USD.
Wire Transfer: Wire transfers are ideal for large, urgent transfers, processed quickly for domestic or international transactions.
Fee: 1% of the transaction, with a minimum fee of $25 USD.
Withdrawal to an Argentine Account: Transfers directly to a bank account in Argentina, convenient for accessing funds locally in Argentine Pesos (ARS).
Fee: 1% of the transaction, with a minimum fee of $1 USD.
Wallet Outbound Transfer: Transfer funds directly from your Loula wallet to an external wallet for flexibility in managing digital assets.
Fee: 1% of the transaction (additional network/gas fees may apply based on blockchain activity), with a minimum fee of $1 USD.
Fee Comparison Table
Withdrawal Method | Processing Time | Fee | Minimum Fee |
ACH | 1-3 business days | 1% | $1 USD |
ACH Same-Day | Same day (if before cut-off) | 1% | $2 USD |
Wire Transfer | Same-day or next-day | 1% | $25 USD |
Withdrawal to Argentine Account | 1-2 business days | 1% | $1 USD |
Wallet Outbound Transfer | Blockchain-dependent | 1% (plus network fees) | $1 USD |
Choosing the Right Option
For routine, low-cost withdrawals, consider ACH; ACH Same-Day is best for faster ACH processing. Use Wire Transfers for large, urgent transactions, Withdrawals to Argentine Accounts for local access to ARS, and Wallet Outbound Transfers to move digital assets to external wallets.
If you need assistance with any of these options, feel free to reach out!