Frequently asked questions

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Is there a withdrawal limit for Spaces?

The cumulated monthly limit for withdrawals from all your Spaces to your main account is 50'000 CHF per calendar month – this limit does not apply to payments and transfers going out of your main account. Please be aware that if you exceed this monthly limit, you'll have to pay a 2% fee at the end of the year on the exceeding amount. If you plan to withdraw more than 50'000 CHF in one specific month, it's best to reach out to us so we can explain everything in detail.

Our tip: Since the limit is set per calendar month, you can simply split your withdrawals between the end of one month and the beginning of the next one. Let's have a look at an example:

Say you withdraw 30'000 CHF, then 20'000 CHF, then 5'000 CHF from your Spaces within the same calendar month. In this case, you would have to pay a fee of 2% on the amount exceeding the limit of 50'000 CHF. This corresponds to 2% of 5'000 CHF, meaning 100 CHF in fees. You should definitely try to avoid this. 

Instead, you could withdraw 30'000 CHF and 20'000 CHF in the same calendar month, but wait for the first day of the next month to withdraw another 5'000 CHF. This way, you don't have to pay any fee.

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