Commissions and limits

Updated on 14 Jul 2023

Our system offers the capability to tailor tariffs and commissions according to your specific needs. Let’s explore how tariffs and commissions are calculated and the options available within our system.

Commissions customization

SDK.finance allows customizing commissions and limits for each currency, operation, and user type. 

This is done through Contracts – a set of rules defined for a specific type of user or organization. The Contract establishes rules for transaction-based commissions and limits for users within an Organization, or individual users. 

Get comprehensive information on contracts and commissions.

Commission directions

Our system offers the following types of commissions:

  • IN: This commission deducts the fee from the transaction amount, ensuring that the recipient receives the amount with the deduction of the fee.
  • OUT: With this commission direction, the fee is added on top of the entered fee, resulting in the sender paying the transaction amount plus the fee. This structure allows for transparent and visible fee calculations.
  • SHARED:  When using the shared direction, the commission is equally divided between User 1 and User 2. This commission structure is designed to distribute the commission between the involved parties in a fair and transparent manner.

For more information on commission rules and how to configure them within our system, please refer to our Knowledge base.

Limits

Spending limits

Our system does not impose any pre-set limitations on the end-users spending. However, it is possible to set up specific spending limits according to your business requirements.

For instance, you can impose limits for certain operation types: e.g. domestic transfers in dollars shouldn’t exceed $1000 a month. 

Transaction amount limits

SDK.finance doesn’t have any default limitations on the number of transactions that your merchants or users can perform in a day.

Our platform allows unlimited transactions, so your users can conduct as many transactions as necessary. 

If needed, though, it is possible to limit the number of specific operations in specific currency performed in a day, month, or year, by creating specific Contracts.