Fees and Limits – Babb Money

BABB Fee Structure

UK local deposits in GBP into a Babb e-money account are not chargeable. These include the following:

GBP deposit from a UK bank account into a Babb e-money wallet – 0%

Deposit from a UK debit card into a Babb e-money wallet – 0%

All non-UK deposits, or UK deposits in non-GBP currency into a Babb e-money account are chargeable. These include the following:

Non-UK deposits into Babb e-money wallet – FX conversion fees apply.
(Also, please note that your bank or an intermediary bank may charge you in addition.)

Non-GBP deposits into Babb e-money wallet – FX conversion fees apply.
(Also, please note that your bank may charge you in addition.)

Transfer to a user:

Transfer GBP from Babb e-money wallet to Babb e-money wallet – 0%

For GBPx Purchases:

Purchase of GBPx with GBP – 0%

Purchase of GBP with GBPx – 0%

UK local withdrawals in GBP into a UK bank account are not chargeable. These include the following:

GBP withdrawal from a Babb e-money wallet into a UK bank account – 0%

All Rights Reserved BABB Group Ltd, a UK registered Company (No. 11197989) Babb Group Limited is a company registered and incorporated in England and Wales with company number 11197989 and registered office at Level 39, One Canada Square, Canary Wharf, E14 5AB, London, United Kingdom. It operates the following subsidiary companies: Babb Remit LTD is a company registered and incorporated in England and Wales with company number 10407809 and registered office at Level 39, One Canada Square, Canary Wharf, E14 5AB, London, United Kingdom. Babb Remit Ltd is registered with the Financial Conduct Authority as a Small Electronic Money Institution under the firm reference number 932609. Babb Platform Ltd is a company registered and incorporated in England and Wales with company number 10803612 and registered office at Level 39, One Canada Square, Canary Wharf, E14 5AB, London, United Kingdom. Babb Platform Ltd is a registered cryptoasset firm with the United Kingdom Financial Conduct Authority (RRN 849446) under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (as amended) in respect of its activities in cryptoassets.

Babb Remit offers E-money accounts provided by ClearBank® Ltd (ClearBank) (account sort code is 04-13-54). ClearBank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Financial Services Register number 754568.