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Fees

Fees Schedule

Trading

Service
Transaction Type
Fee (incl. VAT)
Direct Orders
Buying or selling
Greater of R1.00 or 0.4% of trade value
Spot Trades
Buying or selling
Greater of R1.00 or 0.4% of trade value
Limit Orders
Taker (order filled instantly)
Greater of R1.00 or 0.4% of trade value
Maker (order placed in order book)
Greater of R1.00 or 0.2% of trade value

Funding

Service
Fee
EFT (add Mesh as a beneficiary in your banking app)
Free – no fee from Mesh*
Card Payment (debit or credit cards)
(3.5% + R1.50) + VAT
Pay by Bank (instant online banking via Mesh)
(1.5% + R1.50) + VAT

*Your bank may charge its own fees for EFTs

Defunding

Currently, only withdrawals (defunding) of mZAR to your linked ZAR bank account are supported.

Defunding Amount (mZAR)
Fee (incl. VAT)
100 – mZAR 1,016
mZAR 9.78
1,017 – mZAR 2,025
mZAR 19.55
2,025.50 – mZAR 3,033
mZAR 29.33
3,034 – mZAR 4,042
mZAR 39.10
4,042.50 – mZAR 5,149
mZAR 48.88
5,150 and above
mZAR 172.50

Express Defunding

Same day settlement if requested before 3pm.
Defunding Amount (mZAR)
Fee (incl. VAT)
100 – mZAR 1,016
mZAR 67.28
1,017 – mZAR 2,025
mZAR 77.05
2,025.50 – mZAR 3,033
mZAR 86.83
3,034 – mZAR 4,042
mZAR 96.60
4,042.50 – mZAR 5,149
mZAR 106.38
5,150 and above
mZAR 230.00

Transfers

You can transfer assets between Mesh accounts. Fees depend on the asset type.
Service
Description
Fee (inc. VAT)
mZAR transfer
Transfer of mZAR stablecoin between Mesh accounts.
0.0023% of the transfer amount.
Minimum fee: mZAR 0.0115
Instrument transfer
Transfer of mZAR-based instrument tokens between Mesh accounts.
0.002875% of the current asset value in mZAR.
Minimum fee: mZAR 0.0115
Cryptocurrency transfer
Transfer of cryptocurrency tokens between Mesh accounts.
0.0023% of the transfer amount (in the crypto being transferred).
Bond transfer
Transfer of debt instruments (bonds) between Mesh accounts.
Free

Mesh. Open capital markets

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