Overview
All Loop multi-currency accounts are free from mandatory monthly fees or minimum deposit requirements. Whether you’re managing business payments, holding funds, or sending transfers, you can access full Loop functionality without extra costs.
Notes
Monthly fees: None for standard Loop accounts.
Minimum deposit: Not required — start with any balance.
Optional upgrade: You can upgrade to Loop Plus for lower conversion rates and additional benefits, starting at $79/month.
Visit bankonloop.com/pricing for full details.
FAQs
Do I need to keep a minimum balance to avoid fees?
No. Loop has no minimum balance requirements for standard accounts.
Does Loop ever charge hidden fees?
No. You’ll always see transparent pricing for foreign exchange and payment services.
Can I switch to Loop Plus later?
Yes, you can upgrade or downgrade your plan at any time.