Does opening a wallet incur a fee? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Does opening a wallet incur a fee?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Registration may be free, but some transactions may incur fees.

Keep in mind that wallet opening fees are separate from withdrawal and transfer fees.

Don't assume all services are free.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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