Account Fees
Latitud charges the following fees associated with your Latitud Finance account:
Item | Fee |
Account Opening | $0 |
Minimum Account Balance | $0 |
Maintenance Fee | $0 |
Sending & receiving ACH payments | $0 |
Sending & receiving domestic wires | $0 |
Sending international wires (SWIFT) | $30.00 |
Receiving international wires (SWIFT) | $30.00 |
Account Limits
Latitud sets the following default limits on your account for fraud prevention purposes.
We monitor these limits on a per-account basis. If you need a higher limit for a specific transaction or you’re raising a new round, please reach out to us and we’ll sort you out!
Business accounts for Delaware and other US entities
Item | Daily Limit | Monthly Limit | Annual Limit |
Transfers between Latitud Finance Business Accounts | Unlimited | Unlimited | Unlimited |
Incoming ACH | $500,000 | $3,000,000 | $7,000,000 |
Outgoing ACH (Debit) | $500,000 | $3,000,000 | $7,000,000 |
ACH Push | $250,000 | $1,500,000 | $3,500,000 |
FedWire (Domestic Wire) | $5,000,000 | $15,000,000 | $30,000,000 |
SWIFT (Outbound) | $5,000,000 | $15,000,000 | $30,000,000 |
Business accounts for Cayman entities
Item | Daily Limit | Monthly Limit | Annual Limit |
Transfers between Latitud Finance Business Accounts | Unlimited | Unlimited | Unlimited |
Incoming ACH | $450,000 | $3,000,000 | $7,000,000 |
Outgoing ACH (Debit) | $450,000 | $3,000,000 | $7,000,000 |
ACH Push | $225,000 | $1,500,000 | $3,500,000 |
Outgoing FedWire (Domestic Wire) | $5,000,000 | $15,000,000 | $30,000,000 |
Incoming FedWire | $5,000,000 | $15,000,000 | $30,000,000 |
SWIFT (Outbound) | $5,000,000 | $15,000,000 | $30,000,000 |