Title: Stablecoin Transaction Fees Explained | Sentvia Source: https://www.sentvia.com/fx/pricing-and-fees Description: Stablecoin transaction fees explained: the spread, network fees, rail fees, intermediary and receiving bank charges, and how Sentvia quotes each conversion. --- 1. [Home](https://www.sentvia.com/) 2. [FX Services](https://www.sentvia.com/fx) 3. Pricing and fees Pricing and fees # Stablecoin transaction fees, explained Converting stablecoins to fiat, or fiat to stablecoins, involves more than one party, and each can add a cost: the spread on the rate, network fees and bank charges. This page explains where stablecoin transaction fees come from and how Sentvia quotes, so you can compare providers on the amount that actually arrives. [Begin onboarding](https://onboarding.sentvia.com/) [Talk to our team](https://www.sentvia.com/help) How Sentvia charges_Sentvia_ Pricing Agreed per client at onboarding Rate Quoted and locked before you send Price list None: every conversion is quoted Large trades Quoted as one trade on the Prime OTC desk ## The parts of the cost Component What it is Set by Conversion rate The rate between the stablecoin and the fiat currency, including the provider's spread The provider Network fee The fee to move stablecoins on a blockchain, paid by the sender The blockchain network Payment rail fee The cost of the bank transfer itself, such as SWIFT or SEPA The banks on the rail Intermediary deductions Charges taken by correspondent banks on international transfers Correspondent banks Receiving bank charges Any fee your own bank charges for incoming payments Your bank ## What the spread is The spread is the difference between the rate a provider quotes you and the market rate at that moment. It is usually the largest part of the cost, and it rarely appears as a separate line, because it is built into the rate. Two quotes with the same headline fee can deliver different amounts for that reason. See [FX services](https://www.sentvia.com/fx) for how we quote, and [supported currencies](https://www.sentvia.com/currencies) for the pairs we convert. ## How Sentvia charges - **Pricing is agreed per client** during onboarding, based on your volumes and corridors. - **Each conversion is quoted before you commit.** You approve the quote, the rate is locked, and that is the rate you settle at. - **The quote tells you what to expect.** Ask us at any point how a quote is made up. Large single conversions go through the [Prime OTC desk](https://www.sentvia.com/fx/prime-otc), quoted as one trade. ## How to compare providers 1. Ask for the amount that will arrive in your account, not just the rate. 2. Ask whether the rate is locked before you send, or set when the funds arrive. 3. Ask which rail the fiat leg uses, and whether intermediary banks are on the route. 4. Ask whether the account receiving the funds is in your company's name. Ours are: see [named IBAN accounts](https://www.sentvia.com/platform/named-iban-accounts). This page explains how Sentvia processes payments. It is not investment advice. FAQ ## Common questions Why is there no price list? Pricing is agreed with each client, and each conversion is quoted individually, so a published list would not match what you pay. When do we know the rate? Before you send. You approve the quote, and that is the rate the conversion settles at. Who pays the blockchain network fee? The sender pays it when the stablecoins are sent. It is set by the network, not by Sentvia. Can intermediary banks take a deduction? On international transfers, yes. Correspondent banks on the route can deduct a charge before the funds arrive. Domestic rails such as SEPA and Faster Payments usually involve no intermediary. ## Further reading - [What does it actually cost to off-ramp $100,000 of USDT?](https://www.sentvia.com/blog/cost-to-off-ramp-usdt-fees) - [Prime OTC for large conversions](https://www.sentvia.com/fx/prime-otc) - [Stablecoin off-ramps explained](https://www.sentvia.com/guides/stablecoin-off-ramp-explained) Get started ## Get a quote for your payments Tell us about the payments you expect and a dedicated onboarding officer will guide you through set-up. [Begin onboarding](https://onboarding.sentvia.com/)[Talk to our team](https://www.sentvia.com/help)