|
SAFEFUNDS Fee Schedule -
March 1, 2010.
Buyer’s Fees
The buyer's transaction fee is $0 at all times. There
is no charge to the buyer for any of the Safefunds’ transaction
services. Buyers deposit funds directly into their own
Safefunds accounts. Buyers do not send funds directly
to sellers. Deposits may be made by bank wire, electronic
funds transfer, or paper check.
Seller’s Fees
The transaction fee is:
$38 for transactions less than $2,000.
$48 for transactions from $2,000 to $4,999.
$68 for transactions from $5,000 to $9,999.
$98 for transactions from $10,000 to $19,999.
$168 for transactions from $20,000 to $49,999.
$238 for transactions from $50,000 to $99,999.
$348 for transactions from $100,000 to $199,999.
Additional amounts, $200 per $100K plateau.
The fee is deducted from the amount the seller receives.
Custom quotations available for high value situations.
We invite
you to compare our fee and our service with any other
payment company. Ask them how they justify taking a percentage
fee from your transaction.
The fee covers all Safefunds’ transaction services.
There are no hidden transaction charges. The fee includes
all dispute resolution services if they are needed. The
transaction fee is charged on any transaction that is
settled. Funded transactions that are cancelled before final
settlement are not subject to a fee.
Unlike credit cards or other payment services, this fee
includes our transaction negotiation and management,
payment reservation and release, and any necessary dispute
resolution services.
SAFEFUNDS is the best security at the lowest cost.
Other optional fees - effective March 1, 2010
In Bound Bank Wire Transfer $10.00 (deposit by bank wire
transfer)
Electronic Funds Transfer Out Bound $12.00 (withdrawal
by EFT)
International Wire Transfer Out Bound $30.00 (withdrawal
by International Wire Transfer)
In and Out Fee - Transaction Fee Schedule applies (In and Out is defined by a member
making a deposit in his/her Safefunds Account and withdrawing
the amount without any transaction settlement.
This charge does not apply when a funded transaction is cancelled
or if the funds are left in the account more than 60
days.)
3rd Party Withdrawal- Transaction fee for the amount plus $35.00 (Funds are withdrawn by check, EFT, or
International Wire and sent to a party that is not the Safefunds account holder or
directly related to the Safefunds account holder. Recipient identity verifcation
and account relationship information may be required.)
Returned item charge inside USA $35.00
Returned item charge outside USA - Fee we incur plus $35.00
3rd Party Deposit Verification $35.00 (Funds received from a
third party with no relationship to the Safefunds account
the funds are deposited into are subject to direct verification with the
depositor. This includes telephone and email contact. Funds may be withheld
from deposit until verification is complete.) 3rd Party sourced funds that are
withdrawn without being used in a Safefunds transaction are subject to transaction
charges based on the amount of the funds withdrawn.
|
|