Settlement frequency

Daily with 3 days delay

Transaction Day Processing Day Settling Day

Monday

Tuesday

Thursday

Tuesday

Wednesday 

Friday 

Wednesday

Thursday

Monday

Thursday

Friday

Monday

Friday

Monday

Monday

Saturday

Monday 

Tuesday 

Sunday

Monday

Wednesday 

 

Daily with 7 days delay 

Transaction Day Processing Day Settling Day

Monday

Tuesday

Next Tuesday

Tuesday

Wednesday 

Next Wednesday

Wednesday

Thursday

Next Thursday

Thursday

Friday

Next Friday

Friday

Monday

Next Monday

Saturday

Monday 

Next Monday

Sunday

Monday

Next Monday

 

Weekly on Wednesday 

Transaction Day Processing Day Settling Day

Monday

Tuesday

Wednesday next week

Tuesday

Wednesday 

Wednesday next week

Wednesday

Thursday

Next Wednesday

Thursday

Friday

Next Wednesday

Friday

Monday

Next Wednesday

Saturday

Monday 

Next Wednesday

Sunday

Monday

Next Wednesday

Fixed Fees

PCI Compliance Fee 0   GBP per month
B-Online monthly Fee  0   GBP per month
VbV/MC SecureCode Fee  0   GBP per month
Retrieval Fee  0   GBP per retrieval
OCT/CFT  2   GBP per transaction
Fraud Fee   0   GBP per fraud 
Currency Conversion Fee
  1,5%
       
TPP registration Fee 0   GBP + card schemes cost
Arbitration Fee  100   GBP + card schemes cost
Swift wire transfer Fee*  7   GBP per settlement 
High Risk Registration Fee   100   GBP per year + card schemes cost
CMM Report Fee**  50   GBP + card schemes cost
ECM Report Fee***  100   GBP + card schemes cost


*The Member and/or its bank will charge a SWIFT Fee for each SWIFT settlement
**CMM = Mastercard Chargeback Monitored Merchant
***ECM = Mastercard Excessive Chargeback Merchant

 

Minimum settlement amount

Settlement will not take place on the date calculated in accordance with the frequency of settlement if the Settlement Value at that time is less than or equal to GBP 10. The Settlement Date shall be postponed until the minimum settlement amount is reached.

 

Interests

Interests due to negative balances: 10,90%
FÁ TILBOÐ Í VIÐSKIPTI

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