In the following tables, "currency" includes U.S. dollars (USD),
British Pound Sterling (GBP), Japanese yen (JPY), European euros (EURO),
Swiss francs (CHF), the DMT Rand (DRAN), spot gold (GOLD), e-gold
(E-GOLD), the Gold Dinar (G-DINAR), and the Silver Dirham (S-DIRHAM)
"Stocks" and "Warrants" refer to those corresponding equity assets
admitted for trading within the system.
[Note: there are MINIMUM limits on the amount of currency
that can be transferred into the DMT/ALTA system from the outside
banking world. These minimums are as follows: USD 1000, EURO 1000, JPY
100,000, CHF 1000, and GBP 800. The TRANSFER-IN function of the DMT/ALTA
system will not permit amounts less than these minimums.
[PAY and CLAIM transactions are not affected by minimum (or
maximum) limits, and can be any size.
[TRANSFER-OUTs have the following MINIMUMS: USD 250, EURO 250, JPY
25,000, CHF 350, and GBP 200. TRANSFER-OUTs have the following MAXIMUMS
FOR ANY ONE WEEK: USD 10,000, EURO 10,000, JPY 1,250,000, CHF 10,000,
and GPB 8000.]
Transaction fees inside the system:
Transaction |
Fee |
Currency & metal CLAIM transactions within ALTA |
0 |
Stock and Warrant PAY and CLAIM transactions within ALTA |
0 |
Currency, Stock, and Warrant SALES transactions within LESE |
0 |
RECLAIM Transactions within ALTA |
Same as PAY tranaction fees below |
Transaction |
Currency |
Fee |
Currency PAY transactions within both ALTA & LESE |
|
|
|
USD |
1/10 of 1% but with a minimum of USD 0.10 (10 cents) |
|
GBP |
1/10 of 1% but with a minimum of GBP 0.10 |
|
JPY |
1/10 of 1% but with a minimum of JPY 10 (10 yen) |
|
CHF |
1/10 of 1% but with a minimum of CHF 0.10 |
|
EURO |
1/10 of 1% but with a minimum of EURO 0.10 |
|
DRAN |
1/10 of 1% but with a minimum of DRAN 0.10 |
|
GOLD |
1/10 of 1% but with a minimum of GOLD .0005 oz (1/2000 of
an ounce) |
|
E-GOLD E-PLATINUM E-PALLADIUM |
1/10 of 1% but with a minimum of E-METAL .01 grams |
|
E-SILVER |
1/10 of 1% but with a minimum of E-SILVER .02 oz |
|
G-DINAR |
1/10 of 1% but with a minimum of G-DINAR 0.10 |
|
S-DIRHAM |
1/10 of 1% but with a minimum of S-DIRHAM 0.20 |
Fees for transferring assets into the system from outside:
Transaction |
Currency |
Fee |
Stock or Warrant TRANSFER-IN |
|
0 |
Currency TRANSFER-IN |
|
|
|
USD |
1/10 of 1% but with a minimum of USD 20 (20 dollars) |
|
GBP |
1/10 of 1% but with a minimum of GBP 20 |
|
JPY |
1/10 of 1% but with a minimum of JPY 2,500 (2,500 yen) |
|
CHF |
1/10 of 1% but with a minimum of CHF 20 |
|
EURO |
1/10 of 1% but with a minimum of EURO 20 |
|
DRAN |
TRANFER-INs not allowed (only LESE purchases) |
|
GOLD |
TRANFER-INs not allowed (only LESE purchases) |
|
E-GOLD E-PLATINUM E-PALLADIUM |
0 |
|
E-SILVER |
0 |
|
G-DINAR |
TRANFER-INs not allowed (only LESE purchases) |
|
S-DIRHAM |
TRANFER-INs not allowed (only LESE purchases) |
Fees for transferring assets out of the system:
Transaction |
Currency |
Fee |
Stock or Warrant TRANSFER-OUT |
|
Currently there are no stocks or warrants that can be
transferred out of the system. Those within the system must be
sold on LESE for dollars before the value can be transferred
out. |
Currency TRANSFER-OUT |
|
|
|
USD |
1/10 of 1% but with a minimum of USD 0.10 (10 cents)* |
|
GBP |
1/10 of 1% but with a minimum of GBP 0.10* |
|
JPY |
1/10 of 1% but with a minimum of JPY 10 (10 yen)* |
|
CHF |
1/10 of 1% but with a minimum of CHF 0.10* |
|
EURO |
1/10 of 1% but with a minimum of EURO 0.10* |
|
DRAN |
TRANFER-OUTs not allowed (only LESE sales for dollars) |
|
GOLD |
TRANFER-OUTs not allowed (only LESE sales for dollars) |
|
E-GOLD E-PLATINUM E-PALLADIUM |
1% but with a minimum of E-METAL .01 grams |
|
E-SILVER |
1% but with a minimum of E-SILVER .02 oz |
|
G-DINAR |
TRANFER-OUTs not allowed (only LESE sales for dollars) |
|
S-DIRHAM |
TRANFER-OUTs not allowed (only LESE sales for dollars) |
(*) The bank wiring funds to your bank will deduct a wire transfer
fee from the wired amount. Since wire fees are typically USD 25-30 for
the originating bank, and USD 15 for the intermediate bank, rarely will
it make economic sense to make transfers out of the system of less than
USD 1,000 or the equivalent.
WARNING:
Bounced wires will be charged a DMT fee of USD 60 plus any
relevant fees charged by DMT's bank. A wire will bounce for either of
the following two reasons:
|