![About our fees illustration](/static/images/ocf-host-application/aboutOurFees-illustration.png)
About our fees
In order to support you better, we use the Open Collective Platform to manage your initiative.
5%
Crowdfunding
On each incoming contribution made via the Open Collective Platform
4-8%
Bank Transfer or Check
**Based on amount raised
*Third-party payment processors (like Stripe and Paypal) charge their own fees. Learn more.
**8% Up to $500k raised. - 6% Up to $1 million raised. - 4% Over $1 million raised