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Why do EUR transaction fees show before my payment?

Fees work differently to most IBAN payments

A
Written by Adam Grist

When moving money within Xace, payments are made instantly and freely, this includes your transaction fees as they are being sent to a Xace account.

SEPA payments on the other hand are not instant and take some time to clear, which means your transaction fee will nearly always clear first.

Don't worry, your payment will follow shortly after.

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