We ensure fees are kept to a minimum for this advanced ePayment portal… a small price for a big reward. Plus, your Qashout account is free to create!
A. Once you create your Qashout account from within your Q Account in your Virtual Office (VO), you pay a tiny monthly maintenance fee of USD 1… but ONLY if your registered Qashout account has a balance. That’s right! You don't pay if you don't use and you don’t have a balance in your Qashout account! The monthly maintenance fee is deducted from your Qashout account.
B. A Direct Load flat fee of USD 10 is charged for fund transfers from Q Account to Qashout account and is deducted from your Q Account at the time of the Direct Load.
C. Once your funds are received in your Qashout account, a USD 2 transfer fee would have already been deducted from your Direct Load amount to your Qashout account.
D. For bank deposits from your Qashout account to your Bank Account, fees vary from USD 3-USD 6, depending on the country of your Bank Account. Each transfer to any one (1) of up to your three (3) saved Bank Accounts will be charged this bank deposit fee.
The Fee Schedule for your Qashout account is as follows:
Description |
USD Fee1 |
Registration of Qashout Account |
FREE |
Qashout Account Support and Maintenance |
$1 per month |
Direct Load Fee from Q Account to Qashout Account |
$12 per transaction2 |
Bank Deposit3 |
$3 to $6 per transaction |
Dormant Qashout Account Fee4 |
$5.00 |
Exception Processing5 |
As determined by QNET |
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1Foreign currency balances will be converted to United States Dollars (USD) at the exchange rate set by QNET from time to time.
2USD 10 will be charged in Q Account and USD 2 in Qashout account.
3Please login to the Qashout account to check countries available for this service. The fee might vary from country to country. Our banking partners also make frequent changes to their networks for regulatory and geopolitical reasons. IRs will see any updates reflected in their Qashout accounts.
4Assessed to the Qashout account if no transaction activity occurs for six (6) consecutive months to the extent funds up to USD 5.00 are reflected in the Qashout account’s balance field. Amounts owing do not carry forward.
5QNET may assess, on a cost recovery basis, return or reject fees incurred because incorrect account information is provided to QNET and/or its Services Provider.