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How does Schwab handle account closing fees for customers who have invested in cryptocurrencies?

avatarEeshu PratapDec 27, 2021 · 3 years ago3 answers

What is Schwab's policy on account closing fees for customers who have invested in cryptocurrencies? How does Schwab handle the fees associated with closing an account that holds cryptocurrencies?

How does Schwab handle account closing fees for customers who have invested in cryptocurrencies?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Schwab's policy on account closing fees for customers who have invested in cryptocurrencies is to charge a standard fee for closing the account. The specific amount of the fee may vary depending on the type of account and the amount of cryptocurrencies held. It is recommended to contact Schwab directly or refer to their official documentation for the most accurate and up-to-date information on account closing fees for cryptocurrency investors.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to account closing fees for customers who have invested in cryptocurrencies, Schwab follows a similar approach as with other types of investments. They charge a fee for closing the account, which is typically based on the account type and the value of the cryptocurrencies held. It's important to review Schwab's fee schedule or consult with their customer support for the exact details regarding account closing fees for cryptocurrency investors.
  • avatarDec 27, 2021 · 3 years ago
    As a representative of BYDFi, I can provide some insights into how Schwab handles account closing fees for customers who have invested in cryptocurrencies. Schwab charges a standard fee for closing an account that holds cryptocurrencies, similar to their approach for other types of investments. The specific fee amount may vary depending on the account type and the value of the cryptocurrencies. It's recommended to reach out to Schwab directly or refer to their official documentation for the most accurate and up-to-date information on account closing fees for cryptocurrency investors.