Account Details fees vary by country of residence
Note: BRL Account Details are only available to users with a Brazilian tax ID number (a Cadastro de Pessoas Físicas), and COP Account Details are only available in the United States, Mexico, Brazil, and Colombia.
If you live in the United States
USD deposits: Free
EUR, MXN, BRL, and COP deposits: 0.1% fee
If you live in a country where the euro is the main currency
EUR deposits: Free
USD, MXN, and BRL deposits: 0.1% fee
If you live in Mexico
MXN deposits: Free
USD, EUR, BRL, and COP deposits: 0.1% fee
If you live in Brazil
BRL deposits: Free
USD, EUR, MXN, and COP deposits: 0.1% fee
If you live in Colombia
COP deposits: Free
USD, EUR, BRL, and MXN deposits: 0.1% fee
If you live in any other country
USD, EUR, MXN, and BRL deposits: 0.1% fee
✏️ Example
If you live in Brazil and someone sends US$100 to your USD Account Details, you'll receive US$99.90 to your Morse Balance, due to the 0.1% fee.
Account Details limits
| USD | EUR | MXN | BRL |
Minimum deposit per transaction | 2 USD | 0 EUR | 60 MXN | 15 BRL |
Sending money from your own account | No limit | 10,000 USD weekly, 20,000 USD monthly | No limit | No limit |
Third party deposit from an individual | 4,000 USD per transfer | Not supported | 15,000 MXN per transfer | Not supported |
Salary or payroll | No limit | Not supported | No limit | No limit |
If you have COP Account Details, you can move up to 10,000 USD per month via Bre-B. This is one combined limit for money you receive to your Morse Bre-B key, money you withdraw to your other Bre-B keys, and money you send to other people's Bre-B keys. Up to 5,000 USD of what you receive each month can come from other people, with a maximum of 2,500 USD per week. The rest must come from accounts in your own name or be salary payments.
Payments below the minimums will stay on hold until you receive a payment above the minimum. The smaller amount(s) will then be added to your Morse Balance along with the larger payments.
We may review larger deposits for compliance, which can delay receiving your money into your Morse Balance. Payments above the maximum will fail and be returned to sender within 1-3 business days.
Reminder 🚨
For BRL Account Details, deposits must come from accounts registered in your name or be payroll payments. Any transfers from other individuals will be returned to sender.
For EUR Account Details, deposits must come from accounts registered in your name, such as your other European bank accounts. Any salary payments or third party transfers will be returned to sender.
If you need to receive money from a Brazilian or European, we recommend they join Morse, so they can pay you instantly, with zero fees or limits!