Preliminary transaction fee recommendations.
The GCC recommends modest, risk-aware contributions from transaction fees to help finance the global commons, while remaining practical for financial institutions operating in different markets and jurisdictions.
Recommendations, not a universal price mandate
To welcome early adopters, our fee schedule is simple. Contractual obligations may vary across jurisdictions, agreements and institutions.
Align incentives
Risk-adjusted fee recommendations are intended to encourage activities that strengthen shared planetary systems while discouraging exploitation.
Share first-mover savings
Certified providers gain visibility, lower customer-acquisition costs, and pass savings on to protect the global commons, through the Global Commons Fund.
Retain institutional discretion
Financial partners set actual fees within their business, legal, regulatory, and jurisdictional constraints.
Begin with flat assessments
No variability across Merchant Category Codes or ISSB, TNFD, or TCFD compliance is recommended during the startup period.
Card and payment fee guidance
Each percentage is expressed as a share of transaction value.
Issuing bank
0.6% credit card transaction value; 0.3% debit card transaction value.
Merchant / acquiring bank
0.3% credit card transaction value; 0.15% debit card transaction value.
Card network
0.04% credit card transaction value; 0.02% debit card transaction value.
Gateway / payment processor
0.1% credit card transaction value; 0.05% debit card transaction value.
Private-bank and investment-bank guidance
The same principle can extend to custodians, exchanges, clearing organizations, investment banks, and other intermediaries through simple ad valorem assessments.
Clearing services
0.005% of transaction value
Settlement services
0.005% of transaction value
Exchange trading
0.01% of transaction value
Custody services
0.005% annually on assets under custody
Investment banking advisory and underwriting
0.05% of transaction value
Private banking and wealth-management transactions
0.02% of transaction value
More differentiated guidance can follow credible standards
Over time, the GCC expects to introduce limited fee variability based on objective measures of systemic risk and transparency, including ISSB, TCFD, TNFD, and successor frameworks. The aim is help manage transnational issues by rewarding stronger governance, transparency, and stewardship without undermining fair and efficient market access.
For now, these figures are recommendations. Participating institutions retain discretion unless a signed Certification Agreement creates a specific contractual obligation.
Define the scope before calculating the contribution.
A focused conversation can clarify the legal entity, product, service, transaction base, geography, and reporting approach involved.