Luno fees

Fee schedule

spread note

Instant buys include a spread; the Luno Exchange order book charges lower maker-taker fees.

deposit note

Local deposit methods and costs vary by market; bank transfers are typically low cost.

withdrawal note

Bitcoin withdrawals pay a network fee in active markets; EU customers can no longer withdraw crypto to self-custody and must sell before the wind-down deadline.

What the rails themselves cost

The scheme or the bank sets these, not Luno. The 6 rails Luno offers in the most countries we rank it in.

Local bank transfer

Domestic transfers are free or close to free for consumers in most countries, and in the euro area the Instant Payments Regulation forbids charging more for an instant credit transfer than for a standard one.

Credit or debit card

The networks bill the merchant rather than you, but many issuers class a crypto purchase as a cash advance, and the CFPB notes that interest on a cash advance generally starts from the transaction date with no grace period.

DuitNow

PayNet lists transfers up to RM5,000 as free, with a 50 sen (RM0.50) fee above that amount which many banks waive.

FPX online banking

Normally nothing for the payer, because most participating merchants absorb the FPX transaction fee, though a biller can choose to pass on a flat charge.

Instant EFT

The providers charge the payer nothing and bill the receiving business per transaction, though your own bank may still apply its usual EFT fee.

PesaLink

Each bank publishes its own PesaLink tariff, typically a flat fee that steps up in bands with the amount; Bank of Africa Kenya charges nothing up to 1,000 shillings, rising to 200 shillings at the top band.