Fee Schedule
Last updated:
| Item | Fee | Details & Disclosures |
|---|---|---|
| Purchase | No fees. | GMO-Z.com Trust Company, Inc. (“GMO Trust”) and its banking partners do not charge fees for purchasing GYEN and ZUSD. However, currency conversion fees may be applicable if you use a different currency than the token supports. Your purchase will be converted at the then applicable currency conversion rate of GMO Trust’s banking partners. You may also incur fees from your own bank.* |
| Redemption - GYEN | 0.10% | GMO Trust will charge 0.10% for redeeming GYEN for Japanese Yen and wiring funds to your bank account. If your bank does not support Japanese Yen, a currency conversion fee may be charged and your redemption will be converted at the then applicable currency conversion rate of the bank.* A minimum of ¥100,000 is required to redeem via bank wire. |
| Redemption - ZUSD | No fees. | GMO Trust and its banking partners do not charge fees for redeeming ZUSD for US Dollars and wiring funds to your bank account. You may incur fees from your own bank when receiving funds. A minimum of $1,000 is required to redeem via bank wire. |
| Transfer | No fees. | GMO Trust does not charge fees in connection with transferring GYEN and ZUSD among wallets. You may incur fees imposed by either or both of the platforms from which you are sending your token and the Ethereum network. |
* For these reasons, you should always denominate your wire transfer in Japanese Yen or US Dollars, so that you know exactly how much GYEN or ZUSD, respectively, you will receive with respect to a given purchase or redemption request.
- Notice of Changes
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Any change to our Fee Schedule, including adjustments to any tiers or rates, will be emailed and/or posted no fewer than three calendar days before such changes are to take effect and no changes will be in effect for fewer than 30 calendar days, subject to any shorter period of time that may be required by applicable law or regulation.
Any transfer initiated after the effective date indicated in such notice will be subject to the new Fee Schedule and you will be deemed to have agreed to the new Fee Scheduled by continuing to use our services.